Dan Kaercher

Dan Kaercher

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$725,000

($384,629 down)
FHA

1813-1815 E Martin Luther King Jr Boulevard, Denver, CO 80205

5
3
1,987 sqft
PITI Monthly
$2,366.29 /mo

Listing courtesy of: Craig Schultz, Colorado Realty Group

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,566 /mo
$2,545 /mo

What's Special

INVESTORS
SHOPPING
DINING
SPACIOUS
CHARMING

This charming late 1890 brick duplex in the heart of the city is an excellent full income property...let someone else pay your mortgage for you! This property features a duplex with two units on a spacious 2,360 square foot lot. The upper unit is thoughtfully designed with 3 bedrooms, 2 bathrooms, and a charming living room, offering ample living and storage space. The Lower Unit has 2 bedrooms and 1 bathroom. The upper unit is currently leased for $2,150/month. The lower unit is currently leased for $1,400/month. Tenants would love to continue occupying both units. Tenant Occupied but both leases are month-to-month at this time. Located in the Whittier neighborhood with easy access to Central Park's vibrant shopping and dining scene, City Park, the Denver Zoo, RiNo, and the many hidden gems of Park Hill. Perfect for owner-occupants and investors alike—live in one unit and rent out the other or rent both units for a substantial income stream.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 8 months
Monthly PITI
$2,366.29/mo
Estimated Loan Balance
$347,977
Cash to close
$384,629
Interest Paid
$45,000

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Evaporative Cooling
  • Heating: Baseboard, Electric
Features
  • Materials: Block, Brick, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Gas Log
  • Flooring: Linoleum, Tile, Vinyl, Wood

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Duplex
  • Architectural Style: Tudor
Materials
  • Block, Brick, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1890
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Whittier
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $364.87
  • Tax Annual Amount: $3795
  • On Market Date: 2025-03-16T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $384,629 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $384,629!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$340,371
Your Cash:$384,629
Total Purchase Price:$725,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,566/mo
Traditional @ 7.5%
$2,640/mo
You save $1,074/month ($12,882/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4585043

Listing From: recolorado

Last updated: 2025-04-01T23:32:20.000Z

© , recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,566 /mo
$2,545 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $384,629 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $384,629!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$340,371
Your Cash:$384,629
Total Purchase Price:$725,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,566/mo
Traditional @ 7.5%
$2,640/mo
You save $1,074/month ($12,882/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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