1516 Lafayette St Active Save Request In-Person Tour Request Virtual Tour
Denver,CO 80218
Key Details
Property Type Single Family Home
Sub Type Residential-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,825 sqft
Price per Sqft $397
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