422 Garfield St, Denver, 80206

Income - Income For Sale in Cherry Creek

$1,650,000

7Beds
4Baths
3,056Sqft
.2Acres
4Garages
1951Built
LIV Sotheby's International Realty
MLS® #: 7296599
Active

Rare opportunity for residential development in Cherry Creek North. Nestled among $2M+ new construction townhouses and single-family homes, this future development site offers the unique opportunity to generate income while development plans are being made, or to buy and hold for cash flow. Rents are currently below market rate and could easily be increased. Detached alley loading garages. Units have been well maintained and are in good condition. The site is zoned G-RH-3 with view plane easement for future development, call listing agent with questions regarding easement.

Essential Information

MLS® #: 7296599
Price: $1,650,000
Bedrooms: 7
Bathrooms: 4.00
Square Footage: 3,056
Acres: 0.20
Year Built: 1951
Type: Income
Sub-Type: Income
Style: Ranch/1 Story
Status: Active

Community Information

Address: 422 Garfield St
Subdivision: Cherry Creek
City: Denver
County: Denver
State: CO
Zip Code: 80206

Amenities

Parking Spaces: 4
Parking: Garage (Detached)
# of Garages: 4
View: City View

Interior

Heating: Forced Air
Cooling: None

Exterior

Exterior Features: Covered Patio, Fence, Covered Deck, Garden Area, Professional Landscaping, Patio, Yard
Lot Description: 8750.00
Roof: Composition Shingles
Construction: Brick
Architecture: Denver Square

School Information

District: Denver 1
Elementary: Steck
Middle: Hill
High: George Washington

Additional Information

Zoning: G-RH-3

Financials

$/SqFt: $540

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Listing information last updated on October 20th, 2019 at 9:19pm CDT.