1516 Lafayette Street
Denver, CO 80218
1825 sqft | 3 beds | 1 bath | 0.14 acres | #9729220
Description
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.
Interior Details
- InteriorOpen Floorplan, Pantry, Loft
Beds & Baths
- Bedrooms3
- Bathrooms1
- Full Baths1
Property Details
- Lot DescriptionLevel
Measurements
- Acres0.14
- Square Feet1825
Parking
- Parking Spaces4
Construction Details
- BasementPartial, Unfinished
- Property TypePurchase
Condition
- Year Built1885
Utilities / Energy Details
- Sewer InformationCity Sewer, Public Sewer
- Utility SourceCity Water
Community and Neighborhood Details
- SubdivisionPark Ave Add
Location
- Middle SchoolWhittier E-8
- CountyDenver
- Elementary SchoolWyatt
- High SchoolEast
Other
- MLS #9729220
Location
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Last Updated: . Source: IRES
Listing Courtesy
Listing Agent: Nikki Wiederaenders (#55044816), Phone: (720) 878-2589
Listing Office: RE/MAX ALLIANCE (#PORCH)
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.
