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2347 Rainbow Drive 9, Denver, Colorado

$205,0004 Beds2 BathsFor Sale Under Contract

2347 Rainbow Drive 9, Denver, Colorado 80229
Your Castle Real Estate Inc - MLS® ID: 1643937

Property Details

2347 Rainbow Drive 9, Denver, Colorado 80229 - WHAT A BUY!! 4 bedroom home for $205,000! Investor special! AWESOME cash flow!! Tenant occupied until the end of August but Tenant wants to stay. For you owner occupants - this is the buy of the year! Great lay-out in LARGE townhome. Updated home with good sized bedrooms and large bathrooms. Good natural light, good neutral colors. Tons of space PLUS central AC . Small back patio and open lawn areas between buildings. Existing tenant is Section 8. New lease rate of $1,600 per month already approved for the next 12 mos plus additional income of $160 per month for a total income of $1,760. See supplements for cash flow projections. SELLER WILL BE COMPLETING A 1031 EXCHANGE.

Amenities

  • Zip80229
  • CountyAdams
  • SQFT1904
  • Bedrooms4
  • Full baths2
  • StatusActive
  • Purchase TypeFor Sale Under Contract
  • Property typeCondo/Townhome
  • Zoning typeR-3
  • School districtMapleton R-1
  • Elementary schoolMonterey K-8
  • Junior highMonterey K-8
  • High schoolSkyview
  • Year built1975
  • Lot size0.04
  • SewerPUBLIC
  • HeatingFORCED AIR
  • CoolingAir Conditioning-Central
  • Parking2
  • Tax amount$809.00
  • Tax year2016
  • Office IDCASTL
  • Agent ID312904
  • Agent nameRuth McElroy
  • MLS® ID1643937

Broker: Your Castle Real Estate Inc

Listing Courtesy of Your Castle Real Estate Inc

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“Bob Maiocco exceeded our expectations on every level. Not only does Bob have a very solid knowledge of the real estate market, his negotiating skills are second to none. Bob has a calm and even demeanor when dealing with sometimes stressful situations that can arise when buying or selling real estate. We could not have asked for a more strategic partner to help us navigate the process of making our largest financial purchase.”

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