1516 Lafayette Street, Denver, 80218

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1516 Lafayette Street

Denver, 80218

FOR

SALE

$725,000

For Sale

Beds

Baths

2,090

Sq.Ft.

0.14

Acres

1885

Yr. Built

MLS# 9729220

Cumulative Days on Market: Less than 1 (since November 1st, 2024) Data provided by the MLS.

Property Details

Calling all Investors, Developers, and Homebuyers. Zoned G-RO-3, this home has something for everyone! Looking to offset your mortgage? Add an ADU. Nearby short and mid-term rentals are earning $20-45k / year! Average long-term rent is $3, 200 for the existing structure with approximate cap rate of 4.3% and for an ADU it's 14%. Great rental potential if you are looking to hold and then develop. The 6, 250 sqft lot is well suited for a duplex or multi-unit with room for a garage / ADU.

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Property Highlights

Price

$725,000

Property Type

Residential

Property Sub Type

Single Family Residence

Bedrooms

Total Bathrooms

Living Area

1,825

Price / Sq Ft

$397

Acres

0.14

Year Built

1885

Location

County

Denver

Subdivision

Park Ave Add

Zoning

G-RO-3

Property Details

Price

$725,000

Property Sub Type

Single Family Residence

Property Type

Residential

Building

Levels

Two

Structure Type

House

Total Area

2,090

Community

Local Schools

Elementary School

Wyatt

High School

East

Middle School

Whittier E-8

School District

Denver 1

Interior Features

Bedrooms and Bathrooms

3/4 Bathrooms

Bathrooms on Main Level

Bedrooms

Bedrooms on Main Level

Full Bathrooms

Total Bathrooms

Rooms and Basement

Basement Features

Partial, Unfinished

Has Basement

Yes

Area and Spaces

Above Grade Finished Area

1,825

Appliances

Dishwasher, Range, Range Hood, Refrigerator

Interior Features

Flooring

Laminate

Interior Features

Ceiling Fan(s), High Ceilings, Laminate Counters, Open Floorplan, Pantry, Primary Suite, Smart Thermostat

Heating and Cooling

Heating Features

Forced Air

Building Details

Construction

Year Built

1885

Materials

Construction Materials

Brick

Roof

Composition, Other

Terms

Exclusions

Sellers personal property and staging items

Ownership

Individual

Special Conditions

None

Special Terms

1031 Exchange, Cash, Conventional, FHA, VA Loan

Taxes

Tax

Tax (Annual)

$3,380

Heating, Cooling & Utilities

Cooling Features

Central Air

Utilities

Sewer

Public Sewer

Water Source

Public

Lot

Acres

0.14

Lot Features

Level

Lot Size

6,250

Lot Size Area Sq Ft

6,250

Exterior Features

Patio And Porch Features

Front Porch

Parking

Total Parking Spaces

Listed by Porchlight Real Estate Group, nwieder@porchlightgroup.com, 720-878-2589.

Listing Data last updated 11/01/2024 02:46 PM

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Property History

Today

Property information last updated

Today

Status Active. This is the date the listing was placed on market.

739588 days ago

Date of last price change

739588 days ago

Date Sold

NOTE: Cumulative Days on Market: Less than 1. Data provided by the MLS.

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Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 11/01/2024 02:46 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

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Listing Data last updated: 11/01/2024 02:46 PM

1516 Lafayette Street - MLS#9729220 - $725,000

Listed by Porchlight Real Estate Group

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Property Highlights

Location

Property Details

Building

Community

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Interior Features

Bedrooms and Bathrooms

Rooms and Basement

Area and Spaces

Appliances

Interior Features

Heating and Cooling

Building Details

Construction

Materials

Terms

Terms

Taxes

Tax

Heating, Cooling & Utilities

Utilities

Lot

Exterior Features

Parking

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