$1,600,000
Accepting Backup Offers

1362 N Lafayette Street

Denver, CO 80218
4292 sqft | 8 beds | 0.14 acres | #2985794
Listing OfficeinMotion Group Properties
Browse 26 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Incredible investment opportunity in the heart of Denver! This 9-unit building, located just a 3-minute drive from Cheesman Park, boasts a strong rental history with 8 out of 9 units currently rented on a month-to-month basis. The property includes eight 1-bedroom, 1-bathroom units and one studio, all of which are highly sought after in this desirable location.
A bonus feature is the 3-car garage in the rear of the property, which has been converted into storage units, offering additional income potential. The units rent exceptionally well, making this property a reliable income generator with incredible possibilities for future development.
Please note: Do not disturb tenants. For more information or to schedule a viewing, please contact the listing agent directly.
Don't miss your chance to own this versatile and promising property in a prime Denver location!
There will not be a SPD as the seller has never lived in the property.

  • Property Details
      • SubdivisionCheesman Park
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Elementary SchoolDora Moore
      • Original List Price$1,600,000
      • Structure TypeQuadruplex
      • School DistrictDenver 1
      • Property SubtypeQuadplex
      • Taxes Annual$10,957
      • MLS #2985794
      • Cost1600000
      • MLS #2985794
      • Utility SourcePublic
      • CountyDenver
      • Lot DescriptionLevel
      • Middle SchoolMorey
      • Acres0.14
      • Square Feet4292
      • Year Built1940
      • High SchoolEast
      • Bedrooms8

Location

Adriana RamirezReal Estate Group
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Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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