• Asking Price See Price
  • Estimated Value: $1,164,804
  • 11TH DENVER, CO 80204

  • 16 Beds 5,697 SqFt
  • Townhouse or Condo / REO Foreclosure

Property Details for 11TH St, DENVER, CO 80204

Features

Facts

Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

4851 W 11th Ave, Denver, CO is a 6-unit multi-family property offering a lucrative investment opportunity in the rapidly developing area of Villa Park. Two buildings of 3 units each provide four 2 BRs and two 1 BRs featuring renovations with more value-add opportunity to increase rent. Situated adjacent to Dry Gulch, the property provides residents with access to a scenic walking and biking path, as well as the convenience of the nearby light rail. The 10th Sheridan light rail station is just a 5-minute walk away, connecting the area to downtown Denver and other key locations. Additionally, the property's proximity to Sloans Lake and its less than 10-minute drive to downtown further enhance its appeal. With the ongoing development in the area, including the FasTracks Sheridan light rail station and surrounding transit-oriented projects, this property is poised to benefit from increased demand and appreciation. Don't miss this opportunity to invest in a well-located multi-family property with significant potential for growth and value.

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