This two-story contemporary house in Denver is situated in a well-maintained development of similar late 1990s houses, and is now listed for $121,900. The previous owner paid $195,000 for this house (9/16/2004), and Zillow.com now estimates that it is worth $166,000.This REO, unlike some, is in great condition and needs little or no work prior to occupancy. It could be a great starter house for an owner-occupant. Alternately, it could be a good investment property, bringing in $1,300 to $1,500 per month, easily covering the mortgage and other expenses while delivering positive cash flow. For a buyer who is looking for a newer house at a great price, check out this one.
The basics...
Address: 21428 East 41st Place, Denver, CO 80249
Current Listing Price: $121,900
PREVIOUS Sale Price: $195,000 (9/16/2004)
Size: 3 Bedrooms, 3 Bathrooms; 1,400 square feet
Lot: .10 acres
http://www.realtor.com/realestate/denver-co-80249-1100673793/
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