$240,000
For Sale

3575 Chestnut Place #601

Denver, CO 80216
645 sqft | 2 beds | 1 bath | 0.16 acres | #8448259
Listing OfficeInvalesco Real Estate
Type:Purchase
Structure:Condo
Zone:Residential

Description

The Burrell offers affordable luxury in the heart of Denver's vibrant RiNo Arts District. These brand new one-, two-, and
three-bedroom condos include Energy-Star-rated appliances, in-unit washer/dryer, open living spaces, and large windows
for tons of natural light. This convenient location near I-25 and I-70 is ideal for commuters who want to be close to open
space, bike trails, public transit, DIA, local breweries, and more. The Burrell condos also feature LED lighting throughout,
and on-site solar panels to help offset Common area utility costs.
The Burrell Condos are not just a place to live; they're a tribute to the legendary musician, Charles Burrell, whose timeless music continues to inspire us. These units are available
to individuals or households who meet set income and asset requirements through Elevation Community Land Trust's
permanently affordable homeownership program. 2023 maximum household income limits are: 1 person ($69,520); 2
people ($79,440); 3 people ($89,360); 4 people ($99,280); 5 People ($107,280). Visit Elevation Community Land Trust's
website for more information and to begin your application process. https://www.elevationclt.org/buy-a-home/.
In
addition to the HOA Fee, every homeowner pays a monthly land lease fee of $100 to Elevation Community Land Trust
(ECLT). Owner occupancy is a requirement of purchase. A limited number of Type B ADA-convertible units are available.
Sketches, renderings, and photographs depicting lifestyle amenities, construction, and recreational facilities, unit finishes,
appliances, layout, size and locations, designs, materials, furnishings, views, plans, and specifications are proposed only,
and the developer reserves the right to modify to withdraw any or all in its sole discretion and without notice. HOA Dues
are estimated and subject to change. Up to $10,500 Seller Concession offered exclusively to buy down interest rate with
participating lenders.

  • Property Details
      • Utility FeaturesCable Available, Electricity Connected, Internet Access (Wired), Natural Gas Not Available, Phone Available
      • InteriorHigh Ceilings, Open Floorplan, Quartz Counters, Smoke Free, Wired for Data
      • Lot DescriptionBorders Public Land, Near Public Transit, Open Space
      • ViewCity, Mountain(s), Water
      • FoundationConcrete Perimeter
      • Pets AllowedCats OK, Dogs OK
      • Property ConditionNew Construction
      • Structure TypeHigh Rise (8+)
      • Elementary SchoolWhittier E-8
      • Middle SchoolWhittier E-8
      • Sewer InformationPublic Sewer
      • Property SubtypeCondominium
      • Property TypePurchase
      • School DistrictDenver 1
      • Original List Price$240,000
      • MLS #8448259
      • MLS #8448259
      • Utility SourcePublic
      • High SchoolManual
      • CountyDenver
      • Hoa Fees287.85
      • Cost240000
      • Acres0.16
      • Year Built2023
      • SubdivisionRiNo
      • Taxes Annual$117
      • Square Feet645
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
      • Hoa1

Location

Kari NealeighReal Estate Professional
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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