2429 S Cherokee ST new to site

Denver,CO 80223

$ 475000

2 Beds

1 Bath

668 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 668 sqft

Price per Sqft $711

Subdivision Overland

MLS Listing ID 4717819

Style Bungalow

Bedrooms 2

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 668

Year Built 1917

Annual Tax Amount $2,531

Tax Year 2024

Lot Size 6,250 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

Source recolorado

Property Description

This well-maintained property presents a rare combination of long-term development potential as well as immediate livability. Situated in a highly sought-after neighborhood experiencing rapid growth and redevelopment, the lot is ZONED FOR DUPLEX (U-TU-C) construction, making it an excellent opportunity for builders or investors looking to capitalize on the area's current trend of multi-unit development. For first-time home owners, this is an ideal starter home. It's move-in ready with major updates already taken care of: New roof in 2023, new sewer line 2019, new furnace 2019 and updated all flooring & paint in 2024. Live in this home for a few years and see the neighborhood continue to transform. Whether you're looking to move in and live in the home, rent it out and hold as a long term investment, or begin the permitting process for a duplex build, this property offers flexibility for multiple strategies. Previously rented for $1649/month, it provides solid holding income while you plan your next steps.

Location

State CO

County Denver

Zoning U-TU-C

Rooms

Basement Crawl Space,Interior Entry,Partial,Unfinished

Main Level Bedrooms 2

Interior

Interior Features High Speed Internet,Laminate Counters,No Stairs,Smoke Free

Heating Forced Air

Cooling Air Conditioning-Room

Flooring Carpet,Laminate,Tile

Fireplace Y

Appliance Dishwasher,Disposal,Dryer,Range,Refrigerator,Washer

Exterior

Exterior Feature Garden,Lighting,Private Yard

Parking Features Gravel

Fence Full

Utilities Available Cable Available,Electricity Connected,Internet Access (Wired),Natural Gas Connected

View City

Roof Type Composition

Total Parking Spaces 3

Garage No

Building

Lot Description Level,Near Public Transit

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame,Wood Siding

Schools

Elementary Schools Asbury

Middle Schools Grant

High Schools South

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash,Conventional,FHA,Other,VA Loan

Listing Terms Cash,Conventional,FHA,Other,VA Loan

Special Listing Condition None

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