Listing Courtesy of: Alexander Lundy - Coldwell Banker Residential 54

1180 Yosemite Street UNIT 301 Denver, CO 80220

Condo Residence
2 Beds
1 Baths
720 Sq. Ft.
0.01 Acre Lot
Extremely rare opportunity to buy a property in the Denver metro area (a 2 bedroom property no less) for $100,000! This fairly large top floor, end unit condo faces west with a view to the mountains, and bedroom windows facing north. It has 2 bedrooms, 1 bathroom, a kitchen and living room featu...ring nice natural light and an open feel. The building is located near the University of Colorado Anschutz Medical Campus and the neighboring Children's Hospital Colorado. Buyers should expect to buy the property in as-in condition, or should make any and all inspection item requests in their initial offer. Buyers looking to buy as a primary residence should know that they may need to pursue specific types of loans from the property (Vectra, Compass, & Key Bank are believed to offer the right kind of loans), but the Seller is open to Seller financing as well. In the event that a buyer wanted to pursue seller-finance, they may need a meaningful downpayment to accompany the offer, perhaps around 10%. Otherwise lower down payment options may also be available. Investors may be interested to know that other units in the building have renter for $1300+, representing a good opportunity for meaningful cashflow and a good ROI. The HOA is reasonable and covers most utilities and expenses, including water. The building also has a new roof from within the last few years, but Buyer is advised to confirm that with the HOA for him/herself during the due diligence phase. Individuals both familiar and unfamiliar with Denver will know that this condo represents a nearly extinct type of property in Denver - the very affordable property that's actually close to, well, everything! A short 15 min drive to downtown Denver and the Capital, 25 mins to the airport, 6 mins to the beloved Stanley Marketplace, and <5 mins to the fantastic Lowry Sports Complex and Dog Park! The unit is within walking distance of satellite locations for the Community Colleges of: Denver, Aurora, and even UNC! Continue reading
MLS#
8299646
Property Type
Condo
Status
Bedrooms
2
Bathrooms
1 Full
Year Built
1961
HOA Fee
$298 Monthly
Square Feet
720 sq. ft
Lot Size
0.01
Stories
1
Sewer
Public Sewer

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Listing Courtesy of: Alexander Lundy - Coldwell Banker Residential 54
Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, AndreaD.Conner@Xome.com, 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


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