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379 S Meade ST Denver, CO 80219
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Key Details
Sold Price $375,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,069 sqft
Price per Sqft $350
Subdivision Belmont Park
MLS Listing ID 7606328
Sold Date 11/01/21
Style Traditional
Bedrooms 4
Full Baths 1
Half Baths 1
HOA Y/N No
Originating Board recolorado
Year Built 1950
Annual Tax Amount $1,456
Tax Year 2020
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Excellent investment opportunity in Denver's thriving Westwood neighborhood. This 4 bedroom, 1 and 1/2 bath home is tenant occupied through Denver's Section 8 program offering secure rental income with a 14+ year rental history. Tenant is on a month-to-month basis but would like to remain in the property. E-TU-C zoning allows for two unit development to add density and look for potential assemblage opportunities. For the owner occupant, this home offers a spacious basement footprint with a large laundry room that could be reconfigured to allow a basement bathroom expansion to add a shower/tub. Additional features include larger basement bedrooms with egress windows in place, upgraded furnace and hot water heater, newer sewer line with clean-outs and roof. Ample off street parking and large backyard for room to play and expand the building footprint. Denver's Westwood neighborhood is well located to Downtown Denver and is experiencing residential growth with favorable zoning for new development and proximity to downtown. Property will be sold in As-Is condition with a sale lease back structure to allow Tenant the identity a replacement property and move.
Several options to consider with this great property and secure rental income in place.
Location
State CO
County Denver
Zoning E-TU-C
Rooms
Basement Full
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling Air Conditioning-Room
Flooring Carpet, Laminate
Fireplace N
Appliance Gas Water Heater
Exterior
Exterior Feature Private Yard
Garage Concrete
Roof Type Composition
Parking Type Concrete
Total Parking Spaces 2
Garage No
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
Schools
Elementary Schools Munroe
Middle Schools West Leadership
High Schools West
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with RE/MAX Professionals