Great opportunity to own a meticulously maintained three story condo with a bright, open floor plan, a patio and balcony, hardwood on the main and upper floor, a cozy fireplace, two bedrooms with their own bathrooms, and beautiful views, and a community center with pool and workout area! New dishwasher, microwave and dryer. This unit has the potential to rent for upwards of $1600/month, creating a 7% cap rate after incorporating expenses, which is difficult to find in the Denver area! Minutes to the light rail station, DIA, public and charter schools, the Gaylord Rockies Resort being built, and the award winning Green Valley Ranch Golf Course and Rocky Mountain Arsenal with hiking trails and wildlife viewing. This will go fast- don't miss this opportunity!
Off market
$301,800
5255 Memphis St UNIT 719, Denver, CO 80239
2beds
2baths
1,148sqft
Condo
Built in 2002
-- sqft lot
$301,800 Zestimate®
$263/sqft
$1,860 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Eating Space / Kitchen, Open Floor Plan, Master Suite, Smoke Free, Pantry, Foyer/Entry
- Flooring: Carpet, Laminate, Linoleum / Vinyl
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,148 sqft
Property
Parking
- Parking features: Off-street
Lot
- Size: 2,309 sqft
Details
- Parcel number: 0017404046046
Construction
Type & style
- Home type: Condo
Materials
- Roof: Composition
Condition
- Year built: 2002
Utilities & green energy
- Sewer: Public
- Water: Public
Community & neighborhood
Location
- Region: Denver
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $220 monthly
- Services included: Snow Removal, Community Pool, Clubhouse, Trash Removal, Water, Sewer, Gas, Common Area Grounds Maintenance
Other
Other facts
- Property Type: Residential
- School District: Denver 1
- Construction Materials: Wood Siding, Rock
- Construction Methods: Frame
- Interior Features: Eating Space / Kitchen, Open Floor Plan, Master Suite, Smoke Free, Pantry, Foyer/Entry
- Kitchen Appliances: Smoke Alarm, Cook Top
- Sewer: Public
- Water Source: Public
- Association Fee Includes: Snow Removal, Community Pool, Clubhouse, Trash Removal, Water, Sewer, Gas, Common Area Grounds Maintenance
- Association Fee Frequency: Monthly
- Laundry Availability: Washer/Dryer Included
- Co List Agent Full Name: Brianna Springer
- Co List Agent Direct Work Phone: 720-272-9710
- Co List Agent Email: Brianna@madisonprops.com
- Co List Office Name: Madison & Company Properties
- Co List Office Phone: 303-771-3850
- Partial Ownership Type: Not Applicable
- MLS: REcolorado
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Estimated market value
$301,800