3014 E 17th Ave Unit 1, Denver, CO 80206

$1,200,000
6
BD
5
BA
5,505
SqFt

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List Price
$1,200,000
Status
ACTIVE
MLS#
4641582
Year Built
1925
Bedrooms
6
Bathrooms
5
Living Area
5,505
Unit
1
Region
Metro Denver
Subdivision
City Park

Property Description

3014 E 17th Avenue presents a compelling opportunity to acquire a five-unit multifamily property directly across from Denver's City Park, with seller financing offered at 5.5% interest, interest-only payments, and a 3-year balloon. These attractive financing terms provide investors with the opportunity to reduce near-term debt service and preserve cash flow while acquiring a well-located central Denver asset. The property consists of five residential units and features desirable amenities for an urban setting, including a detached two-car garage, shared backyard garden, and onsite laundry room. Its location directly across from City Park gives residents immediate access to expansive green space, walking and biking paths, lakes, City Park Golf Course, the Denver Zoo Conservation Alliance, and the Denver Museum of Nature & Science. Nearby East 17th Avenue and Colfax Avenue offer an established mix of restaurants, cafes, shopping, and entertainment, with convenient access to major healthcare and employment centers throughout central Denver. With 5.5% interest-only seller financing, a 3-year balloon, five existing units, garage parking, and an exceptional location directly across from City Park, 3014 E 17th Avenue offers investors a distinctive combination of favorable acquisition terms and long-term location appeal.

Additional Information

Taxes
$7,259
School District
Denver District 1
Elementary School
Teller
Middle School
Morey
High School
East
Heating
Hot Water
Cooling
Window/Wall
Utilities
Separate Meters, Separate Meters
Garage Spaces
2

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Calculator source: Real Geeks

Listing courtesy of Michelle Glass.

MichelleDirect@kw.com,720-575-2870

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