2200 S Cherry ST #2216 new to site Save Request In-Person Tour Request Virtual Tour
Denver,CO 80222
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,586 sqft
Price per Sqft $562
Subdivision University
MLS Listing ID 4337224
Style Bungalow
Year Built 1963
Annual Tax Amount $7,679
Tax Year 2024
Property Sub-Type Quadruplex
Property Description
Located in the heart of Denver, 2200 S Cherry is a fully renovated property offering four luxurious 3-bedroom, 2-bathroom units with high-end, condo-quality finishes. Designed with flexibility in mind, the property is ideal for investors seeking either short term rental income or stable, long-term leases in a desirable urban area. 2200 S Cherry is situated in a prime location close to restaurants, retail, and parks, with easy access to public transportation. Its proximity to downtown Denver and popular neighborhoods increases its appeal for both residents and visitors. With Denver's growing population and demand for high-quality rental units, 2200 S Cherry offers strong appreciation potential and competitive returns, especially with its dual leasing options. This flexibility can help investors adjust to changing market conditions, optimizing occupancy and income. This property is ideal for investors aiming to diversify their portfolio with a premium multifamily asset in a thriving market.
Location
State CO
County Denver
Zoning E-SU-DX
Interior
Heating Floor Furnace
Cooling Central Air
Exterior
Roof Type Unknown
Building
Lot Description Level
Sewer Public Sewer
Water Public
Structure Type Frame,Wood Siding
Schools
Elementary Schools University Park
Middle Schools Merrill
High Schools Thomas Jefferson
School District Denver 1
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition None