2212 S Cherry St 2216Denver, CO 80222

Description

THE LISTING PRICE OF $2.4MM IS FOR THE PURCHASE OF BOTH DUPLEX UNITS. IF SOLD INDIVIDUALLY, THE PRICE WILL BE $1.2MM PER UNIT. ALL UNITS HAVE THREE BEDROOMS AND TWO BATHS. THE BASEMENT BEDROOM IS NON-CONFORMING. Prime Denver Investment Opportunity: Fully Renovated, Turnkey Duplex Properties. 2200-2208 S. Cherry Street is Duplex #1, and 2212-2216 S. Cherry Street is Duplex #2. Located in the heart of Denver, 2200-2208 S. Cherry Street offers a rare, highly flexible investment opportunity. Set on a large, sprawling lot, this offering includes two side-by-side duplex properties. Buyers can purchase a single duplex independently or acquire both buildings to maximize their portfolio. Each duplex offers two luxurious 2-bedroom, 1-bathroom units, completely renovated with high-quality finishes. Substantially updated inside and out, these properties offer a true turnkey experience with minimal deferred maintenance. The units at 2200 and 2208 are offered fully furnished. Each unit includes a complete appliance package, including a refrigerator, oven/range, microwave, dishwasher, and an in-unit washer and dryer. Solar panels have also been installed on the property, sharply reducing utility bills and significantly improving the owner's net operating income. These properties are located in a great central Denver location, close to restaurants and retail. The property is fully furnished and beautifully updated, perfect for corporate relocations, traveling professionals, and extended-stay tenants. These units have demonstrated exceptional revenue, with market rental rates up to $5,000 per month. (Seller does not warrant or guarantee that current or future market rents will reach this specific range in today's marketplace.) Potential buyers are highly encouraged to research Denver's rising demand for fully furnished apartments. There are 5 off-street parking spaces that can be divided as desired between the two duplex properties.

Property Information

Property type

Residential Income

Sub-type

Duplex

Structure type

Duplex

Year built

1963

Living area

2,840 Sq Ft

Lot size

0.28 acres

Garage spaces

2

Parking spaces

2

Zoning

E-SU-DX

Days on market

0

MLS^® Listing#

5976315

Property Features

Appliances

Dishwasher · Refrigerator · Dryer · Microwave · Disposal

Cooling

Wall/Window Unit(s)

Heating

Forced Air

Basement

Partial · Partially Finished

Parking

Off Street

Patio

Patio

Fencing

Partial

Lot features

Level

Construction

Frame

Roof

Composition

Security

Fire Alarm

Utilities

Natural Gas Available · Electricity Available · Cable Available

Sewer

Public Sewer

Water source

Public

Schools

Elementary

University Park

Middle

Merrill

High

Thomas Jefferson

Financial Details

HOA

None

Annual taxes

$7,406Tax year 2025

Directions

GPS