2823 W Archer Place, Denver, CO 80219

$430,000
6
BD
3
BA
2,087
SqFt

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Courtesy of Keller Williams Realty Urban Elite . MichelleDirect@kw.com,720-741-0613

Selling Office: METROPOLITAN DENVER R E BRKG.

Sold Price
$430,000
List Price
$485,000
Closing Date
Jul 31, 2024
Type
Multifamily
Status
CLOSED
MLS Number
9584926
Finished Sqft
2,087
Above Grade Sqft
1297
Total Sqft
2594
Subdivision
Valverde
Sub-Area
Valverde
Year Built
1953

Property Description

Visit 2823archer.com for more info! **Investor Fixer Upper Special** - Experienced Investors only. This triplex is a great fix and flip opportunity. Can be converted to a Triplex, Duplex or one large house. After Repair Value is estimated to be $800,000 as a Triplex. It is stripped down to the studs, includes a 2 car detached garage + ample space to build a 3rd garage space. The main floor unit has the potential for a 3 bedroom, 1 bath unit and the basement has the potential for a 1 bedroom, 1 bath unit and a 2 bedroom, 1 bath unit. The property is located just 14 minutes from Downtown Denver, and in the developing neighborhood of Valverde. New development construction surrounds this property, including on the lot next door. Purchase significantly below market value and capitalize on the opportunity to build equity through strategic improvements. Note: Property being sold in "as-is" condition.

Additional Information

School District
Denver 1
Elementary School
Barnum
Middle School
Kepner
High School
West
Garage Spaces
2
Parking Spaces
2
Basement
Full, Unfinished
Lot Size
9,147
Acres
0.21
Taxes
$1,798
Tax Year
2023

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