2232 South Franklin Street
2232 South Franklin Street
$800,000
4
2
1,918
1,918
$417
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.
- Listed by Damon Knop • TJC REAL ESTATE • damon@distinctivedenver.com,303-332-8754
Property Details for 2232 South Franklin Street
Structure Type
Duplex
Architectural StyleTraditional
LevelsOne
Stories1
Subdivision NameDU/University/Platt Park
AssociationNo
BasementYes
Location
LISTING UPDATED: 04/12/2024 01:38 PM
Property Details for 2232 South Franklin Street
Status | Active |
---|---|
MLS # | 9865996 |
Days on Compass | 21 |
Taxes | $2,867 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1955 |
Lot Size | 0.14 AC / 6,250 SF |
County | Denver County |
Location
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
The Payment Calculator is for illustrative purposes only.
Property Information for 2232 South Franklin Street
Property History for 2232 South Franklin Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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