$1,050,000
For Sale

2362 S Broadway

Denver, CO 80210
Listing OfficeMODUS Real Estate
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Rare opportunity to acquire a fully entitled and shovel ready 20 unit development along Broadway and Evans. The proposed plans include 13,145 of buildable square footage between three stories plus a rooftop deck. The plans call for predominantly 1 bedroom units that range between 450 square feet to 727 square feet. The seller's will close upon a receiving a permit. This is an excellent opportunity to put a shovel in the ground day 1 and not be burdened by expensive interest carry. Currently the property is a duplex with tenants in each unit. The lease specifies that landlord may terminate the lease with a 60 day notice at any point. Please reach out to the listing broker for a full plan and due diligence set.

  • Property Details
      • Property SubtypeImproved Land
      • Sewer InformationPublic Sewer
      • Original List Price$1,050,000
      • Property TypePurchase
      • SubdivisionRosedale
      • School DistrictDenver 1
      • Taxes Annual$13,620
      • MLS #9290849
      • Cost1050000
      • MLS #9290849
      • Utility SourcePublic
      • CountyDenver
      • Lot DescriptionLevel
      • Acres0.14

Location

Day and CoReal Estate Group

Interested in Purchasing 2362 S Broadway?

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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