|Built As:||Ranch 1 Story||Year Built:||1958|
|Building Type:||Residential||Construction Type:||Frame Siding|
|Built As SQ Ft:||700||Number of Rooms:||8|
|Number of Baths:||1.00||Number of Bedrooms:||4|
|Attached Garage SQ Ft:||0||Detached Garage Square Ft:||yes|
|Basement SQ Ft:||700||Finished Basement SQ Ft:||560|
This property is currently a rental just East of Federal on 1st avenue in Denver.
2818 E. 1st Ave. Denver Colorado
Price $87,900 – Nothing this cheap in that area. – Sold
If nobody picks this one up than I am going to keep it for myself. This property cash flows.
3 bedrooms, 1 upstairs and 2 downstairs. The basement ceilings are a bit low.
1 bathroom. Laundry room on the first floor. There is a very large open family room on the 1st floor. 1200ft upstairs and 500 ft downstairs
It has a very nice Section 8 tenant that has been in the property for a couple of years and is looking at staying if possible. This means guaranteed rent and cash flow put right into your bank without chasing the rent. Nice for a landlord.
This Denver rental house had nice addition built on the back in 2001. With upgrades to the mechanicals.In the past year the basement underwent a slight remodel. Fixing some bad plumbing and replacing the drywall. New carpeting both upstairs and down stairs.
Denver Permit Records:
2818 W 1st Ave was built in 1926. Our computerized permit records for Denver properties go back as far as 1993.The computer records for this address display 6 permits since 1993; 2 residential construction permits issued in 2000, 1 roofing permit issued in 2000, 1 electrical permit issued in 2001, 1 plumbing permit issued in 2001, and 1 mechanical permit issued in 2001.
Solds in the area
Because many investors receive biased advice, approximately 95% of all Americans will fail to be able to retire the way they want. They are often told that only way they can comfortably retire is to have a huge nest egg in the form of a stock and bond portfolio.
Focusing on the income from an investment portfolio versus the size of a portfolio can be the difference between living well in retirement or running out of money.
Do you know that after expenses in 8 out of 14 decades the S&P 500 has a compound rate of return of 3% or less? Few people do.
So where should you invest your money?
Most good rental income properties in Denver offer a NET rental income greater than 6.5%. The rental income alone has beaten stocks in 11 out of 15 decades and that is not accounting for property appreciation, which is a great security against inflation. The current real estate market is considered one of the best opportunities in decades.
There are many different ways you can invest in real estate. The classic is to purchase a rental property and collect the rent. Over the years the property will be paid off, the rents will increase, and the property will gain value. At retirement you can collect rents while the house equity is left untouched.
If owning Denver rental property does not appeal to you or if you are looking for another investment, many people are investing in notes. Notes are loans on real property where the investor is protected by holding the deed of trust. Many of these notes pay 6 to 15% interest rates and without the fees charged by stock brokers.
There is no ideal investment for everyone; every investment involves different types of risk. It is really a question of which investment options provide the highest probability of success for the least amount of risk.
It’s time to look to Real Estate for your IRA
Few investors take advantage of the tax advantages of a Roth Real Estate IRA. A Real Estate IRA, when properly structured can earn tax-free growth and income. Denver Real Estate is one of the few hard assets that can protect you from inflation and generate monthly income.
Most of this information comes from the web site “Howtoretirehappy.com”
For more information please call any time.
Denver, CO 80216
1 bed, 1 bath, 744 sq ft, 1 car detached garage , Has a second floor that is not counted
Extend the second level and make it a 2 bed, 2 bath
Make it work and make some money!
Estimated ARV $85,000
Estimated Fix: $ not sure yet, Looks pretty nice
Your Cost: $48,500
Lincoln Street at E 47th Ave
Denver landlord have a lot to be happy about these days. The Denver rental houses are filled with vacancy rates lower than they have been in years. This makes for a lot of cash flow houses being purchased. This makes it a great time to purchase that Denver rental house. Renters are knocking down the doors for Denver landlords to get into these Denver rentals. The Denver Rental vacancy rate has fallen to 6.1%. This makes the Denver Rental house market one of the top three in the county. This also leaves Denver landlords searching for new rental houses in Denver and the surrounding metro area. The vacancy rates are even lower in the surrounding Denver metro counties.
Due to economic conditions and the Denver Banks not lending money new Denver Apartments are not being added at the present time. Once jobs start getting created the rentals in Denver will become even harder to find. This will give Landlords in Denver a bit more control over the rents in coming years. There are some people predicting vacancy rates in Denver will drop to the mid 4% range. Denver tenants have been renting the few available Denver rental homes that are available. And people are still moving to our state.
Therefore a lot of Denver Landlords that have cash or good financing available are purchasing cash flow properties as fast as they can. If you are in the market for a cash flow rental give us a call or email us. We are always search for Denver rental homes that cash flow in Denver.
Many Investors are finding that wholesale real estate in Denver is getting hard thing to find. To find the good cheap, cash flow and fix & flip properties, Denver real estate investors have to be looking constantly.
Wholesale real estate in Denver has been to hard to find that some wholesales have turned to bidding wars to increase their profits. At Wholesaledenverdeals.com we are still setting our bottom price and selling to the first investor who commits. However, this means that when we find a Denver wholesale real estate deals you have to act quick.
There is so much competition that many of our Denver wholesale real estate deals never make it to our property website. If you have cash and can close quickly sign up for our email list where we can send you the wholesale real estate deals as soon as they are available.
We have a steady stream of Wholesale houses in Denver ready to sell.
Investment properties in Denver being flipped or rented as cash flow properties.
Colorado and Denver wholesalers are always looking for new buyers. We sell to investors want to buy, fix and flip. These sale require the most discount from the ARV or As repaired Value. We also have properties for Landlords. Landlords can generally buy at less of a discount.
Even at the lower discount this works for most Denver cash flow properties because rentals produce fairly good rental income even at slightly higher buying prices. Unfortunately there is currently steep competition for good investment properties in Denver.
We are currently searching all over the metro area for investment properties in Denver. We post those on our web site or email them out to our list of buyers.
For the best investment Properties and Denver cash flow properties visit us today at http://www.WholesaleDenverDeals.com and join our VIP buyers list.