Description
***MUST BE SOLD WITH 3360 NAVAJO ST*** LISTING PRICE IS FOR BOTH PROPERTIES BOTH PROPERTIES - 2 Lots for sale located directly on the corner of N Navajo St. & W 34th Ave in the Denver Highlands. Combined lot size allows for 2+ units to be built on this beautiful corner in the center of one of Denver's hottest neighborhoods. Current Net Operating Income totals $69,019 giving this property a 4.24% CAP rate, allowing a stable cash fl ow while going through entitlements and planning with the city. Properties of this size and location do not trade hands often, do not miss your chance to plant a flag in one of the fastest growing neighborhoods in the country! 3358 N NAVAJO - Fantastic rental property in the heart of the Denver Highlands. This 4 Bed/1Bath home is currently leased through July,2023 for $2,400/month - a $26,035 NOI. Combined with the neighboring corner lot at 3360 N Navajo gives the 2 parcels a combined square footage of 6,020 SF - well over the minimum lot size of 4,500 SF to build a new duplex, urban house, tandem house, or much more. Corner lots have additional density possibilities including row homes. Join surrounding new developments with a truly irreplaceable parcel with beautiful northern views, easy walking to a multitude of bars, restaurants, concert venues, sporting stadiums, and all there is to love about Downtown and the Denver Highlands.
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3BEDS
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0.08ACRES
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1BATHS
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01/2 BATHS
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2,209SQFT
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$736$/SQFT
School Information
Offered by Unique Properties Llc.Description
***MUST BE SOLD WITH 3360 NAVAJO ST*** LISTING PRICE IS FOR BOTH PROPERTIES BOTH PROPERTIES - 2 Lots for sale located directly on the corner of N Navajo St. & W 34th Ave in the Denver Highlands. Combined lot size allows for 2+ units to be built on this beautiful corner in the center of one of Denver's hottest neighborhoods. Current Net Operating Income totals $69,019 giving this property a 4.24% CAP rate, allowing a stable cash fl ow while going through entitlements and planning with the city. Properties of this size and location do not trade hands often, do not miss your chance to plant a flag in one of the fastest growing neighborhoods in the country! 3358 N NAVAJO - Fantastic rental property in the heart of the Denver Highlands. This 4 Bed/1Bath home is currently leased through July,2023 for $2,400/month - a $26,035 NOI. Combined with the neighboring corner lot at 3360 N Navajo gives the 2 parcels a combined square footage of 6,020 SF - well over the minimum lot size of 4,500 SF to build a new duplex, urban house, tandem house, or much more. Corner lots have additional density possibilities including row homes. Join surrounding new developments with a truly irreplaceable parcel with beautiful northern views, easy walking to a multitude of bars, restaurants, concert venues, sporting stadiums, and all there is to love about Downtown and the Denver Highlands.
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