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HIGH DENVER, CO 80205
- Single Family Home / REO Foreclosure
Property Details for HIGH St, DENVER, CO 80205
Features
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Facts
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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.
Welcome to highly desirable Whittier neighborhood, and this amazing quadplex! A great investment at a 5% CAP rate and cash flowing close to $60,000 a year. 2126 N High St is a beautiful Victorian-era home that has been thoughtfully divided into 4 units. There are three 2 bedroom/1 bathroom units, and one 1 bedroom/1 bathroom. You are immediately welcomed by an inviting courtyard and well maintained exterior that shows off the vintage charm of this early 1900's home. All units have been renovated and are turn-key. There are currently three leases in place, and one vacant unit. With three new water heaters, three new furnaces, full carpet and floor replacements in all of the units, and other renovations and upkeep, this property has been well taken care of and is ready for a new owner. The central location, near downtown and Saint Joseph hospital, is very sought after and rents well. Come have a look today!
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