Listing Details
- MLS#: 9593218
- MLS Originator: REcolorado (Denver)
- Property Type: Incomes Property
- Property Subtype: Duplex
- Status: Sold
- Price: $650,000
Property Details
- Bedrooms: 0
- Sqft: 2180.00
- Acres: 0.17
- Year Built: 1903
- Parking Count: 1
The MS-3 (Main Street) zoning makes this an amazing redevelopment parcel with 7,430 square feet, four blocks to wildly-popular Tennyson Street in Berkeley. It’s both 4824 and 4826 W 38th Ave, a side-by-side duplex that’s zoned for commercial and/or residential uses. Long-term, the value is in the land/great zoning. Initially, it was priced for redevelopment. Now, after price reductions, this is also an ideal candidate for an owner-occupying business or as a rental income property with what appears to be GREAT appreciation potential awaiting the urban infill redevelopment market to spring back up post-COVID. With mixed-use zoning and great signage opportunities, sufficient parking and centered between the vibrant West Highlands and Berkeley neighborhoods, this would be an excellent location for a wide variety of businesses. It also works well as a residential rental. This property was built as residential and is currently set-up as residential so financing it on a 30-year residential mortgage should work fine.
Load & Tax Information
- Previous Year Tax: $ 11,676
- Tax Year: 2019
Heating, Ventilating & Air Conditioning
Fireplaces Location & Features
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