2232 South Franklin Street

Denver, CO 80210

$800,000
Price
4
Beds
2
Baths
1,918 Sq. Ft.
$417 / Sq. Ft.
1,918
Sq. Ft.
$417
per Sq. Ft.

Description

What an opportunity. Fully rented DU property with tons of possibilities for the beginner or expert investor. Live in half when lease is up and rent to supplement? Take advantage of the expensive and steady DU rental market? Do either for x amount of time and then plan on rolling with the trends of pop-topping/scraping for land value in this multi-million dollar neighborhood. Location is prime, light rail, Harvard Gulch park/golf course, restaurants and social life galore all walkable. Long term...What an opportunity. Fully rented DU property with tons of possibilities for the beginner or expert investor. Live in half when lease is up and rent to supplement? Take advantage of the expensive and steady DU rental market? Do either for x amount of time and then plan on rolling with the trends of pop-topping/scraping for land value in this multi-million dollar neighborhood. Location is prime, light rail, Harvard Gulch park/golf course, restaurants and social life galore all walkable. Long term renters in place are willing to talk about either staying or living out their lease. Property has been professionally managed and that can either end with the sale or if buyer prefers to stay on. Rents are $1695 and $1495, probably ready for an increase and any improvements to the property could even make that higher. And there are several examples of new builds on the block and in the area to justify new build costs. Don't just look at this for the CAP number or land value, both are viable strategies. Just hurry up and get it and let the neighborhood work it's magic to make your investment be sound regardless of where the future takes you and this property. NO SHOWINGS OF THIS PROPERTY OUTSIDE OF ONE TIME SHOWING TIME SATURDAY APRIL 13th FROM 12 to 3.
  1. Listed by Damon Knop • TJC REAL ESTATE • damon@distinctivedenver.com,303-332-8754

Property Details for 2232 South Franklin Street

Structure Type
Duplex
Architectural Style
Traditional
Levels
One
Stories
1
Subdivision Name
DU/University/Platt Park
Association
No
Basement
Yes

Location

Listing Courtesy of TJC REAL ESTATE, Damon Knop
Add your commute
LISTING UPDATED: 04/12/2024 01:38 PM

Property Details for 2232 South Franklin Street

StatusActive
MLS #9865996
Days on Compass21
Taxes$2,867 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.14 AC / 6,250 SF
CountyDenver County

Location

Listing Courtesy of TJC REAL ESTATE, Damon Knop
Add your commute

Building Information for 2232 South Franklin Street

Stories-Residences-Year Built1955Building Size-Lot Size0.14 AC / 6,250 SF

Payment Calculator

$4,605 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$239

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2232 South Franklin Street

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 1918
  • Sqft Total: 1918
  • Living Area (SqFt Finished): 1876
  • Above Grade Finished Area: 959
  • Living SqFt: 959
  • Sq Ft Apx: 917
  • Below Grade Unfinished Area: 42
  • Area Source: Public Records
  • PSF Total: 417
  • PSF Above Grade: 834
  • PSF Finished: 426
  • Master on Main: No
  • Entry Location: Ground
  • Direction Faces: West
  • Basement: Full
  • Heating: Forced Air
  • Cooling: None
  • Flooring: Carpet, Laminate, Wood
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Self Cleaning Oven
  • Laundry Features: Main Level
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 4
Bathrooms
  • Bathrooms Total: 2
Parking
Parking
  • Attached Garage: No
  • Parking Total: 2
  • Garage Spaces: 1
  • Offstreet Spaces: 2
  • Parking Count: 3
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Asbury
  • Elementary School District: Denver 1
  • Middle Or Junior School: Grant
  • Middle Or Junior School District: Denver 1
  • High School: South
  • High School District: Denver 1
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 6250
  • Lot Features: Level
  • Zoning: U-SU-C
  • Fencing: Partial
  • Distance To Bus: 1
  • Distance To Bus Units: Miles
  • Distance To Light Rail: 1
  • Distance To Light Rail Units: Miles
  • Property Exclusions: tenants possessions.
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Wood Siding
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Common Walls: No Common Walls
  • Patio And Porch Features: Front Porch
  • Livable Structure Count: 0
  • Unit Count: 1
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Sewer: Public Sewer
  • Electric: 110V

Property History for 2232 South Franklin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2232 South Franklin Street

Taxable ValueLand$38,170Additions$8,700Total$46,870
Tax Record2023$3,632 ($303 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,876 SqFtAbove Grade Finished SqFt959 SqFtFinished Basement SqFt917 SqFtStories1Lot Size6,250 SqFtStyleSingle Family ResidenceYear Built1955ZoningU-SU-CCountyDENVERAPN05262-29-005-000

Schools near 2232 South Franklin Street

This home is within Denver County 1 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Asbury Elementary School
PublicK to 5

Grant Middle School
Public6 to 8

South High School
Public9 to 12

Creativity Challenge Community
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2232 South Franklin Street is a multi-family home for sale in Denver, CO 80210. This property was listed for sale on April 12, 2024 by TJC REAL ESTATE, it's currently listed at $800,000. It has been on the market for a total of 21 days and was last sold on March 24, 2022. This listing's school district is Denver County 1 School District. Nearby schools include Asbury Elementary School, Grant Middle School and South High School. 2232 South Franklin Street is a 4-bed, 2-bath, 1,918 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of TJC REAL ESTATE, Damon Knop

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.