For sale about 1 month ago

$1,300,000

8+ bd ba 3143 sqft

1571-1575 Uinta St, Denver, CO 80220

Residential Duplex

Current Rent **

N/A

Projected Rent **

$6,997

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Paul Ko

Unit 1 Details
  • Current Rent:
  • Bedroom: 4 bd
  • Bathroom: 3 ba
  • Square Footage: 1608 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent:
  • Bedroom: 4 bd
  • Bathroom: 2½ ba
  • Square Footage: 1535 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No

New Construction LEED Gold Duplexes in Opportunity Zone for Sale

1571 Uinta is a LiteHomes community perfectly set a short distance from all the amenities of Denver's trendy downtown. These LEED Gold Certified homes are located just north of East Colfax Street in an up-and-coming neighborhood, ripe for
redevelopment. The five duplex units will provide a total of 10 homes each offering one single-car detached garage per home.

This location puts tenants or new homeowners in a convenient and centralized location. Tucked between downtown Denver to the west and 1-225 to the east, this neighborhood offers many opportunities to enjoy the community. Aside from the everyday necessities available on East Colfax Ave, nearby amenities include: Denver Botanic Gardens, William H Nichols Park, Stanley Marketplace, King Soopers and Safeway grocery stores, Greenway Off Leash Dog Park, Common Grounds Golf Course, and the Anschutz Medical Campus.

The Opportunity Zones Program provides an incentive for investors to reinvest unrealized capital gains into Opportunity Funds in exchange for a temporary tax deferral and other benefits tied to long-term holdings. With trillions of dollars in unrealized capital gains sitting on the sidelines in stocks and mutual funds, U.S. investors can now roll passive holdings of capital into investments in distressed communities.

Location:

1571-1575 Uinta St, Denver, CO 80220

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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.