Denver, CO 80218,1516 Lafayette St
Denver, CO 80218,1516 Lafayette St
Denver, CO 80218,1516 Lafayette St
Denver, CO 80218,1516 Lafayette St
Denver, CO 80218,1516 Lafayette St
Denver, CO 80218,1516 Lafayette St
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HomeSmart Realty Partners

HomeSmart Realty Partners

+1(970) 644-5002
$ 725,000
Est. payment | /mo

3 Beds

2 Baths

1,825 SqFt


$ 725,000
Est. payment | /mo

3 Beds

2 Baths

1,825 SqFt

Key Details

Property Type Single Family Home

Sub Type Residential-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,825 sqft

Subdivision Park Ave Add

MLS Listing ID 9729220

Bedrooms 3

Full Baths 1

Three Quarter Bath 1

HOA Y/N false

Abv Grd Liv Area 1,825

Originating Board REcolorado

Year Built 1885

Annual Tax Amount $3,380

Lot Size 6,098 Sqft

Acres 0.14

Property 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.

Location

State CO

County Denver

Area Metro Denver

Zoning G-RO-3

Rooms

Basement Partial, Unfinished

Primary Bedroom Level Upper

Master Bedroom 15x15

Bedroom 2 Main 12x13

Bedroom 3 Main 10x13

Interior

Interior Features Open Floorplan, Pantry, Loft

Heating Forced Air

Cooling Central Air, Ceiling Fan(s)

Appliance Dishwasher, Refrigerator

Exterior

Garage Spaces 4.0

Roof Type Composition,Other

Street Surface Paved

Handicap Access Level Lot

Porch Patio

Building

Lot Description Level

Story 2

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Two

Structure Type Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Wyatt

Middle Schools Whittier E-8

High Schools East

School District Denver 1

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Porchlight Real Estate Group • Nwieder@porchlightgroup.com,720-878-2589
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 644-5002

wendy@homesmartrp.com

431 Colorado Avenue, Junction, CO, 81501

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1516 Lafayette St