Sold
Listed By:
Laura Allred;
Sold By:
RE/MAX of Cherry Creek
Address
327 N Monroe Street, Denver, CO
Price
$ 4,200,000
Property Attributes
  • MLS#7091033
  • TypeLand
  • Listing Status Closed
  • CountyDENVER
  • CityDenver
  • NeighborhoodCherry Creek North
  • Zip80206
  • Style
  • Taxes$ 15197
  • Price$ 4,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.29 Acres
Data Source:
REColorado (MTOMLS)
Property Description

**REcolorado Compliance Note: Listing Entered For Comp Purposes *** Rare double lot for residential development in Cherry Creek North. This future development site, priced on land value, consists of 12,500 sf. Current improvements, 2 well maintained occupied duplexes sold in as-is condition. New windows installed in 2022. 4 units, each have 2 beds, 1 bath and 1 car space in detached alley loading garages. Duplexes offer the opportunity to generate income while plans for site are being made. Current lease terms end in late 2025 and early 2026. The site is currently zoned G-RH-3. Please do not disturb tenants, all showings for inside must be requested and approved. Buyer to verify all information including but not limited to; zoning, taxes, school districts, water, setbacks and all additional information that may raise questions or concerns to the Buyer.

Price History

General Features

Zoning GRH3
Buyer Financing Cash
Lot Size Square Feet 12500
Lot Size Units Square Feet
Elementary School District Denver 1
High School District Denver 1
Contingency None Known
County Denver
Listing Terms 1031 Exchange,Cash,Conventional
Tax Year 2024
Property Type Land
Middle/Junior School District Denver 1
Utilities Electricity Connected,Natural Gas Connected,Sewer Connected
Subdivision Name Cherry Creek North
Sewer Public Sewer
Electric 110V,220 Volts
Standard Status Closed
City Denver
Concessions No
Status Closed
Exclusions Tenants personal property
Possession Other,Rental Agreement,Subject To Tenant Rights
Tax Annual Amount 15197
Attached Garage No
Property Subtype Improved Land
Directions GPS
HOA No
Garage Spaces 4
Ownership Corporation/Trust

Exterior Features

Lot Size Area 12500
Lot Size Acres 0.29
Street Suffix Street
Street Name Monroe
Total Parking 4
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 80206

Price
AVG $1.07M
$4.2M
Taxes
AVG $14,638
$15,197

Areas We Cover