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Listing Source
With courtesy of
Porchlight Real Estate Group
Posted by
REcolorado (Denver)
Porchlight Real Estate Group
Posted by
REcolorado (Denver)
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1516 Lafayette Street
Denver, CO 80218 — Denver County — Park Ave Add NeighborhoodResidential $724,000 Active Listing# 9729220
3 beds 2 baths 2090.00 sqft Lot size: 6250.00 sqft 0.14 acres 1885 build
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Property Description
$10,000 Seller concession! 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.
Listing Details
- Property Type
- Residential
- Listing#
- 9729220
- Source
- REcolorado (Denver)
- Last Updated
- 03-04-2025 04:14pm
- Status
- Active
- Off Market Date
- 11-30--0001 12:00am
Property Details
- Property Subtype
- Single Family Residence
- Sold Price
- $724,000
- Original Price
- $725,000
- Location
- Denver, CO 80218
- SqFT
- 2090.00
- Year Built
- 1885
- Acres
- 0.14
- Bedrooms
- 3
- Bathrooms
- 2
- Levels
- Two
Map
Property Level and Sizes
- SqFt Lot
- 6250.00
- Lot Features
- Ceiling Fan(s), High Ceilings, Laminate Counters, Open Floorplan, Pantry, Primary Suite, Smart Thermostat
- Lot Size
- 0.14
- Basement
- Partial, Unfinished
Financial Details
- Previous Year Tax
- 3380.00
- Year Tax
- 2023
- Primary HOA Fees
- 0.00
Interior Details
- Interior Features
- Ceiling Fan(s), High Ceilings, Laminate Counters, Open Floorplan, Pantry, Primary Suite, Smart Thermostat
- Appliances
- Dishwasher, Range, Range Hood, Refrigerator
- Electric
- Central Air
- Flooring
- Laminate
- Cooling
- Central Air
- Heating
- Forced Air
Exterior Details
- Water
- Public
- Sewer
- Public Sewer
Garage & Parking
Exterior Construction
- Roof
- Composition, Other
- Construction Materials
- Brick
- Builder Source
- Public Records
Land Details
- PPA
- 0.00
- Road Surface Type
- Alley Paved
- Sewer Fee
- 0.00
Schools
- Elementary School
- Wyatt
- Middle School
- Whittier E-8
- High School
- East
Walk Score®
Listing Media
- Virtual Tour
- Click here to watch tour
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