401-405 S Pearl St Denver, CO 80209

Spread $2,275,000 / Est. Profit $600,000

Denver Duplex Development Opportunity

  • Characteristics

    Beds : 1 Each Unit
    Baths: 1 Each Unit
    Sqft: 1,336 (668 Unit 1 / 668 Unit 2)
    Lot Size: 3,550
    Garage: N/A
    Year Built: 1904
    County: Denver
    APN: 0515114031000

  • Condition

    Off-market duplex development opportunity in West-Wash Park. Good amount of redevelopment within a half a mile.

    Half lot with no alley access. Zoning is U-SU-B. City Zoning & Planning and Building Department have verified that if scraped a duplex can be rebuilt.

    Click HERE for zoning info

  • Numbers & Dates

    Numbers
    HOA: No
    Taxes: $3,290 (2024)
    Est. Construction Cost: $1,450,000
    ARV: $3,000,000
    Starting: $725,000
    Buy Now: $750,000


    Dates
    Investor Inspection: Tuesday 8/5 at 12:30PM (RSVP REQUIRED)
    Offers Due: Tuesday 8/5 By 7PM
    Closing: 8/19
    Possession: Delivered Vacant At Closing

    Contact
    Derek Hamlow
    DHamlow@JoeHomeBuyer.com
    719-440-4079

    *HOA, Taxes, LTR, STR, Repairs, ARV and any other figures are estimates. BTVA.

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*DISCLOSURE*
JOE HOMEBUYER IS EXPLORING ALL OPTIONS WITH THIS AGREEMENT. AS PART OF OUR DUE DILIGENCE WE ARE CONSIDERING SELLING OUR ASSIGNABLE CONTRACT FOR THIS PROPERTY. WE MAY NOT OWN THIS HOME - WE ARE NOT REAL ESTATE AGENTS. WE DO NOT REPRESENT THE SELLER. THE INFORMATION IS PROVIDED AS A COURTESY AND NOT MEANT FOR THE PURPOSES OF MARKETING THIS HOME.