Excellent investment opportunity with a reliable long-term tenant already in place! The current lease runs through July 31, 2027, providing immediate cash flow with annual rental income of $19,560. Located in The Terraces, a desirable 55+ community in Denver, this well-maintained 2-bedroom, 2-bath home features a spacious open floor plan with vaulted ceilings, a large kitchen offering abundant counter space and a breakfast bar, and an enclosed sunroom that provides valuable additional living space. Beautiful hard-surface flooring runs throughout the home-no carpet! The primary suite includes a private en-suite bathroom and a generous walk-in closet, while the home's thoughtful layout offers ample storage throughout. Conveniently located within walking distance of the community clubhouse and just minutes from restaurants, shopping, and everyday conveniences in the heart of Denver. A turnkey investment with stable income in a highly desirable community.
| MLS # | 4403567 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| HOA Dues | $203 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1996 |
| Days On Site | 81 |
| Listing Provided By | Charity Realty | Rachel Fortune |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,110 |
| Car Port | Yes |
| Story(s) | 1 |
| Acreage | 0.05 |
| Cooling | Ceiling Fan(s), Central Air |
|---|---|
| Heating | Central |
| Appliances | Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator |
| Roof | Architectural Shingle |
|---|---|
| Security Features | Carbon Monoxide Detector(s), Smoke Detector(s) |
| Construction Materials | Brick Full |
| Foundation Details | Slab |
| Garage Yes / No | No |
|---|---|
| Parking Features | Attached Carport |
| Community Features | Fifty Five and Older |
|---|
| List Aor | Canopy Realtor Association |
|---|
| Property | 210724 |
|---|
| State | NC |
|---|---|
| County | Lincoln |
| City | Denver |
| Zip Code | 28037 |
| Area | Lincoln |
| Community Name | The Terraces |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in The Terraces) | |
Price: $249,000 low | high Med: $250,000 sqft: 1,110 low | high Med: 1,318 $ / sqft: $224 low | high Med: $190 On site: 81 low | high Med: 203 | |
| State | NC |
|---|---|
| County | Lincoln |
| City | Denver |
| Zip Code | 28037 |
| Area | Lincoln |
| Community Name | The Terraces |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in The Terraces) | |
Price: $249,000 low | high Med: $250,000 sqft: 1,110 low | high Med: 1,318 $ / sqft: $224 low | high Med: $190 On site: 81 low | high Med: 203 | |