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
Year Built 1885
Annual Tax Amount $3,380
Lot Size 6,098 Sqft
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
Interior
Heating Forced Air
Cooling Central Air,Ceiling Fan(s)
Exterior
Garage Spaces 4.0
Roof Type Composition,Other
Building
Lot Description Level
Story 2
Sewer City Sewer,Public Sewer
Water City Water
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
Special Listing Condition Private Owner