5255 Memphis Street Unit 702, Denver, CO 80239

$253,000
2
BD
2
BA
925
SqFt

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Courtesy of Corcoran Perry & Co. . btrampler@corcoranperry.com,303-638-1633

List Price
$253,000
Price Change
▼ $4,500 1780449556
Type
Condo
Property Sub Type
Condominium
Status
ACTIVE
MLS Number
3320928
Architectural Style
Contemporary
Structural Style
Contemporary
Bedrooms
2
Bathrooms
2
Baths Half
1
Sqft Total
925
Neighborhood
Trails at Parkfield Lake
Year Built
2002

Property Description

This unit comes with something most listings can't offer right now: an assumable loan at 4%. That's a real number, not a teaser rate, and it transfers to a buyer who plans to live here — a meaningful edge in this rate environment. The loan is an FHA assumable loan - buyer is subject to lender approval and qualification requirements. Beyond that: a ground-floor 2-bedroom, 1.5-bath condo in northeast Denver's Trails at Parkfield Lake community, 925 square feet. The primary bedroom fits a king bed with room to spare. The second bedroom is non-conforming, so it works as an office, guest room, or whatever you need it to be. Location holds its own too. The A Line is five minutes away — Union Station and downtown without touching a highway. DIA is a 10-minute drive. Anschutz, Children's Hospital, UCHealth University of Colorado Hospital, and the VA are all an easy commute, which matters if you work at any of them. Outside, Parkfield Lake Park is right there — walking paths and open space that keep things quiet despite how connected the location is. Community pool for summer. Dining and shopping along Peña and Tower Road cover the day-to-day. Good fit for a first-time buyer looking for a smart entry point, or a healthcare worker or traveler who wants this location and a payment most buyers can't touch right now.

Additional Information

Lot Size Acres
15
Lot Size Sq Ft
653,400
HOA Fees
$364
Tax Amount
$1,242
Tax Year
2024
Exterior Features
Balcony
Sewer
Public Sewer
Interior Features
Clubhouse, Fitness Center, Pool, Trail(s)
Flooring
Laminate, Tile
Heating
Forced Air, Natural Gas
Cooling
Central Air
School District
Denver 1
Elementary School
Lena Archuleta
Middle Or Junior School
Dr. Martin Luther King
High School
KIPP Denver Collegiate High School
Unit Number
702
Parking Total Searchable
1
Parking Features
Asphalt

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