2350 Tremont Pl Unit 17, Denver, CO 80205

Property Description

Experience the best of urban living in this modern and affordable 3-bedroom, 2.5-bathroom townhome located near Tremont Place and Park Avenue. Walking distance to RiNo, Downtown, Coors Field, and Union Station. The open-concept floor plan features high-quality finishes throughout, creating a spacious and stylish environment ideal for everyday living and entertaining. Enjoy breathtaking city views from your private rooftop deck and the convenience of an attached one-car garage. This is a pet-friendly home and only half a block from the dog park. Additional home features include numerous upgrades, a washer and dryer in-unit, gas stove, electric blinds, landscaping, and a built-in pergola. This property offers a rare opportunity to own a home in one of the city’s most desirable neighborhoods for under market value. The most recent appraisal was over $700K which means there is no mortgage insurance (PMI). In addition, there is no HOA fee for this unit making it cheaper than other units right next door. Utility costs are historically low ranging from $100–$150 per month for electric, water, gas, and internet. Property taxes and insurance are $200/month total. With only 3% down ($11K) and a 1% interest rate buydown, you could own this luxury townhome for $2500 a month, everything included. This home is part of the Denver HOST program. Eligible buyers must earn between 50% and 100% of the Area Median Income (AMI), with income limits of $98,100 for a one-person household and $112,100 for a two-person household. Income limits include earnings from stocks, bonds, savings, and cryptocurrency. However, 401(k) and 529 account earnings and employer contributions are excluded. Buyers must be approved by the Department of Housing Stability (HOST) https://www.denvergov.org/Government/Agencies-Departments-Offices/Agencies-Departments-Offices-Directory/Department-of-Housing-Stability/Resident-Resources/Affordable-Home-Ownership