$4,600,000
For Sale

327 N Monroe Street

Denver, CO 80206
Listing OfficeLaura Allred
Type:Purchase
Structure:Land
Zone:Residential

Description

Rare double lot for residential development in Cherry Creek North. This future development site, priced on land value, consists of 12,500 sf. Current improvements, 2 well maintained occupied duplexes sold in as-is condition. New windows installed in 2022. 4 units, each have 2 beds, 1 bath and 1 car space in detached alley loading garages. Duplexes offer the opportunity to generate income while plans for site are being made. Current lease terms end in late 2025 and early 2026. The site is currently zoned G-RH-3. Please do not disturb tenants, all showings for inside must be requested and approved. Buyer to verify all information including but not limited to; zoning, taxes, school districts, water, setbacks and all additional information that may raise questions or concerns to the Buyer.

  • Property Details
      • Utility FeaturesElectricity Connected, Natural Gas Connected, Sewer Connected
      • SubdivisionCherry Creek North
      • Property SubtypeImproved Land
      • Sewer InformationPublic Sewer
      • Original List Price$4,600,000
      • Property TypePurchase
      • School DistrictDenver 1
      • Taxes Annual$15,197
      • MLS #8221418
      • Cost4600000
      • MLS #8221418
      • Utility SourcePublic
      • CountyDenver
      • Acres0.29
      • Parking Spaces4

Location

Northern Colorado Real EstateReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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