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Archived over 2 years ago

$250,000

3 bd 2 ba 1138 sqft

9995 E Harvard, Denver, CO 80231

Residential Condo

Current Rent **

N/A

Projected Rent **

$2,800

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

3/2 Denver Condo. Huge cash flow potential

Holy smokes! You’ve never seen a place like this before. Beautifully remodeled 3 bed, 2 bath with a master bathroom fit for a King and Queen. Forget the looks… how about the location? Just minutes away from Cherry Creek State Park, the Denver Tech Center, and Cherry Creek! Not to mention, you can hop on I-225 and get to the airport super quick! Not sold yet?? Say goodbye to your utility bills! The HOA fee includes water, sewer, and electricity. Not sure if this is your forever home? Or heck… maybe you just want it as an investment property? Typical rents are $2500-$2800 in this complex. Can you say 1% rule?? Good luck finding that anywhere else in Denver! Okay… one more thing. A bit of insider knowledge for you. The HOA is planning to build a new parking garage and community park in 2022. Boom! Added appreciation right there. Act fast! This one will be gone quickly.

Location:

9995 E Harvard, Denver, CO 80231

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.