Investors, this is the one! Approx. $15,341 annual net income with a long-term tenant in place - roughly 13% ROI at current occupancy. Current tenant paying $1,794, that ROI is truly after all expenses. 1 BR, 1 BA, 482 SF in a well-kept community with a strong owner-occupant presence. Hold the huge cash flow now. When the tenant eventually moves out and the market improves, renovate and sell into the owner-occupant market. Small condo. Massive ROI. Real flip upside later. PHOTOS ARE EXAMPLES ONLY and are not representative of the current condition of this tenant-occupied unit.
Listing courtesy of Matthew Collins.
Matt@DenverRealtyGuru.com,720-266-8040
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