985 Xavier St, Denver, CO 80204

Description

Unit 1 (front): Previous tenant paid $2,270/mo, lease expires 7/31/2026; DELIVERED VACANT, buyer can occupy or re lease. Unit 2 (rear): Leased $1,469/mo through 6/2027, tenant in place. Total income potential: $3,739/month ($44,868 annually). Seller schedules new sewer line replacement prior to closing. $7,500 closing cost credit applies at settlement. 1 year Choice home warranty active/transferable. All inspection reports available: home inspection, sewer scope, asbestos disclosure. We are offering a sub $400k proven asset at a compelling cap and COC return. As such, and due to excellent concessions, the seller will demand a 7-day inspection period with $12,500 EM going ...