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$ 475,000
Est. payment /mo
Active
2429 S Cherokee St Denver, CO 80223
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Overland
MLS Listing ID 8080050
HOA Y/N false
Annual Tax Amount $2,531
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Unimproved Land
Source REcolorado
Property Description
This well-maintained property presents a rare combination of long-term development potential as well as immediate livability. Situated in a highly sought-after neighborhood experiencing rapid growth and redevelopment, the lot is ZONED FOR DUPLEX (U-TU-C) construction, making it an excellent opportunity for builders or investors looking to capitalize on the area's current trend of multi-unit development. For first-time home owners, this is an ideal starter home. It's move-in ready with major updates already taken care of: New roof in 2023, new sewer line 2019, new furnace 2019 and updated all flooring & paint in 2024. Live in this home for a few years and see the neighborhood continue to transform. Whether you're looking to move in and live in the home, rent it out and hold as a long term investment, or begin the permitting process for a duplex build, this property offers flexibility for multiple strategies. Previously rented for $1649/month, it provides solid holding income while you plan your next steps.
Location
State CO
County Denver
Area Metro Denver
Zoning U-TU-C
Direction From Broadway head west on W. Wesley Ave then South onto Cherokee St. Home is on the West side of street.
Exterior
Garage Spaces 3.0
Building
Lot Description Level
Sewer City Sewer, Public Sewer
New Construction false
Schools
School District Denver 1
Others
Senior Community false
Special Listing Condition Private Owner
Listed by Garvin Laverick • Coldwell Banker Global Luxury Denver • [email protected],720-245-9956
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