1937-1939 Park Avenue

Denver, CO 80218
Beds
4
Square Ft.
2,354
$700,000
Rare duplex value-add opportunity in the heart of Midtown Denver. 1937–1939 Park Ave offers two legal addresses with strong potential for repositioning into two attached single family residences. Minimal upgrades needed with strong resale demand for finished product. Offered at $700,000 with an estimated post-renovation value of $990,000, thisRead MoreRead Less
Market LogoCourtesy of Brockman Group LLC [email protected]
Listing Snapshot
Days Online
5
Last Updated
Property Type
Duplex
Beds
4
Square Ft.
2,354
Year Built
1900
MLS Number
7386432
30 Days Snapshot Of 80218
$668k
-41%
(avg) sold price
15
0%
homes sold
116
-32%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement, "Partial"
Building
Above Grade Finished Area: 1836, Below Grade Finished Area: 418, Common Walls: "End Unit", "1 Common Wall", Construction Materials: "Block", "Brick", Levels: "One", Living Area: 2254, Occupant Type: Tenant, Structure Type: "Duplex", Total Area: 2354, Unit Count: 1, Unit Types: "Array", Built in 1900
Cooling
Cooling: "Central Air"
Disclosures
Exclusions: Tenants Personal Property
Expenses
Operating Expense: $10,000
Heating
Heating: "Forced Air"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 38000.00, Gross Income: $48,000
Lot
Features: "Level", Parcel Number: 2353-10-037-039
Owner Pays
Owner Pays: "Insurance", "Taxes", "Water", Ownership: Corporation/Trust
Parking
Parking Total: 2, Carport Spaces: 0, Offstreet Spaces: 2, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1
Property
Livable Structure Count: 0, Out Building Count: 0, Property Condition: "Fixer", "Updated/Remodeled", Property Sub Type: Duplex, View: "City", "Mountain(s)", Zoning: PUD
Roof
Roof: "Membrane"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 5164, Legal Description: PARTS OF L29, L30 AND L31 PARK AVENUE ADDITION DAF: BEG @ THESE CORN SD L29 TH WLY ALONG THE S LI OF L29 22.33FT TH NLYPARALLEL WUTH THE E LI OF SD L29, L30 AND L31 67.80FT TH ELY & PART OF L29, 30 AND 31 BLK 3 PARK AVENUE ADDITION DAF: BEG @THE SE COR OD SD L29 TH WLY ALONG THE S LI OF SD L29 22.33FTTO THE TRUE POB TH WLY ALONG THE S LI OF SD L29 36.67FT THNLY PARALLEL WITH THE S LI SD L29 26.67FT TH SLY PARALLEL WITH THE E LI SD L29, 30 AND 31 67.8FT TO THE TRUE POBTOGETHER WITH THE VAC ALLEY ADJ TO THE SOUTH., Tax Year: 2024
Tenant Pays
Tenant Pays: "Electricity", "Gas"
Utilities
Utility Billing To Tenants: Direct Billing from Utility, Separate Bill from Owner, Utility Metering: Common Water, Separate Electric, Separate Gas, Water Source: "Public"
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.