2347 Rainbow Drive UNIT 9,  Denver CO, 80229 (Under Contract)

$205,000
|
4 beds, 2 Full baths, 1,904 sqft
|
MLS# 1643937
Skip Slideshow
Last Updated: 8/22/2017 2:23 AM
Description for 2347 Rainbow Drive UNIT 9 Denver, CO 80229
WHAT A BUY!! 4 bedroom home for $205,000! Investor special! AWESOME cash flow!! Tenant occupied until the end of August but Tenant wants to stay. For you owner occupants - this is the buy of the year! Great lay-out in LARGE townhome. Updated home with good sized bedrooms and large bathrooms. Good natural light, good neutral colors. Tons of space PLUS central AC . Small back patio and open lawn areas between buildings. Existing tenant is Section 8. New lease rate of $1,600 per month already approved for the next 12 mos plus additional income of $160 per month for a total income of $1,760. See supplements for cash flow projections. SELLER WILL BE COMPLETING A 1031 EXCHANGE.
This Townhouse property in Denver, CO, MLS # 1643937, is located in the neighborhood of Southeast 24-T. 2347 Rainbow Drive UNIT 9 is within the Mapleton R-1 School District, served by SKYVIEW High School, MONTEREY K-8 Middle School, and MONTEREY K-8 Elementary School.
Price
$205,000
Southeast 24-T
Adams
4
2 Full
1,904 (approx)
1643937
Pending
Description
WHAT A BUY!! 4 bedroom home for $205,000! Investor special! AWESOME cash flow!! Tenant occupied until the end of August but Tenant wants to stay. For you owner occupants - this is the buy of the year! Great lay-out in LARGE townhome. Updated home with good sized bedrooms and large bathrooms. Good natural light, good neutral colors. Tons of space PLUS central AC . Small back patio and open lawn areas between buildings. Existing tenant is Section 8. New lease rate of $1,600 per month already approved for the next 12 mos plus additional income of $160 per month for a total income of $1,760. See supplements for cash flow projections. SELLER WILL BE COMPLETING A 1031 EXCHANGE.
Listing Information for 2347 Rainbow Drive UNIT 9 Denver, CO 80229
Property Type: Townhouse Low-Rise 4
2 Full 0.04 Acres
1,904 (approx) 1975 Yes-1 space
Wood Siding, Frame
Southeast 24-T
1,822 Sq. Ft. (approx)
Public Sewer
Neighborhood
School Information
District: Mapleton R-1
MONTEREY K-8 MONTEREY K-8 SKYVIEW
Room Information
Bathrooms
2
Interior Features
952 Sq. Ft. Above Ground ,952 Sq. Ft. Below Ground
Tile, Carpet
Central Air
Gas Heat, Forced Air
Finished, Slab, Full, Cellar
3
Double Pane
Updated, Vaulted, Window Coverings
Exterior / Lot Features
1 Carport Spaces, 2 Parking Spaces, Detached Carport, Off Street
Wood, Frame
Sprinkler System
R-3
Fenced (any type)
Paved Road
Financial Considerations
$235 Monthly
R0055258
$809
2016
Listing Price History

Denver Real Estate

Denver is located in Colorado. Denver, Colorado 80229 has a population of 682,545.

The median household income in Denver, Colorado 80229 is $51,800. The median household income for the surrounding county is $51,800 compared to the national median of $53,482. The median age of people living in Denver 80229 is 34 years.

Loading nearby sales and history ...
Courtesy: Your Castle Real Estate Inc
The data relating to real estate for sale in this website comes from the MLS Database of METROLIST, INC. All data in this website is deemed reliable but is not guaranteed. This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. The information contained in this publication is subject to change without notice. METROLIST, INC. MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL. All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. METROLIST, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. © 2017 METROLIST, INC. – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Information is deemed reliable but is not guaranteed.

We're here to help with your home search!
Customer Service
877.412.4811
Ask a Question?
Send Now
Start a no spam email conversation
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time
Nearby homes for sale