What you get for $300,000 in Denver’s condo market

In Condo Tracker, Investment, Market Trends, Purchasing Condosby Andrew DodsonLeave a Comment

Yes, Denver home prices have been on the rise, but you can still find those hidden gems on the market.

Here are three units priced between $300,000 and $315,000 that hit the market in the past nine days and remain for sale:

The Cherry Creek Mid-Century Condo

Cherry Creek Condo

525 Jackson St. was converted into condos in 1983.

List price: $315,000
Address: 525 Jackson St. #302
Neighborhood: Cherry Creek
Bedrooms: 2
Bathrooms: 1
Size: 814 square feet
Extras: Deeded off-street parking spot
HOA: $321/month
Description: Walking distance to Cherry Creek North, Trader Joe’s and the upcoming 9+CO Development between Eighth and Ninth avenues on Colorado Boulevard, this Mid-Century modern condo features a desirable open-floor plan and a completely remodeled kitchen. The best feature is the second bedroom, which is rare in this price category. A big downside? Laundry is in the building, but not the unit. (Listed by American Home Agents)

The Student Condo

Observatory Flats was constructed less than a year ago near Denver University.

List price: $300,000
Address: 2374 S University Blvd. #313
Neighborhood: University
Bedrooms: 1
Bathrooms: 1
Size: 725 square feet
Extras: Practically brand new. The buyer purchased in August 2019.
HOA: $234/month
Description: Steps from Denver University, this 1-bed condo at the less-than-a-year-old Observatory Flats could be the perfect investment for a parent of a student who wants their child to live somewhere nice during college. It’s also a great first-time homebuyer condo. The building is packed with amenities, including a community rooftop patio where you can grill your dinner on the barbecue or enjoy a beverage around the fire pit on cooler nights. Brand new stainless steel appliances and beautiful quart countertops. (Listed by Compass)

The Cozy Lake Condo

2806 N. Hazel Court

2806 N. Hazel Court is a converted condo building located on the edge of three popular Denver neighborhoods.

List price: $315,000
Address: 2806 N. Hazel Court #10
Neighborhood: Sloan Lake/West Highland/Jefferson Park
Bedrooms: 1
Bathrooms: 1
Size: 606 square feet
Extras: For an older condo unit (the building itself was constructed in 1896!) there is a nice amount of natural light.
HOA: $300/month
Description: For the Denverite who lives outside and doesn’t mind close, cozy quarters, this condo, which is near Sloan’s Lake and all the excitement in West Highlands and Jefferson Park, could be a great affordable option. The living room is the most spacious; the bathroom is fairly cramped. Investors might also be interested in turning it into a rental. Take a virtual tour, here.
(Listed by 8z Real Estate)

Leave a Comment