2480 S Lafayette St Active

Denver,CO 80210

$ 1250000

8 Beds

4 Baths

3307 SqFt


Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 3,307 sqft

Price per Sqft $377

Subdivision Du Harvard Park

MLS Listing ID 6562494

Bedrooms 8

Year Built 1955

Annual Tax Amount $6,658

Lot Size 9,583 Sqft

Property Sub-Type Income Property

Property Description

Mid-Century condos within one building in fabulous DU neighborhood, right next to the Harvard Gulch path. NO HOA Dues to pay, as you own the whole building. Four units- two bedroom, one bath, each with their private back patio area. The building has been well taken care but could yield a much higher cap rate with some minor cosmetic updates. The building has had one owner for 27+ years. Three units are currently leased and have had long time tenants! The rents are currently drastically reduced due to the Tenant's longevity at their residences. One unit is vacant and has been updated, allowing you to live in it while you rent and/or improve the other units, this unit could also be rented for an increased Cap Rate.
Close to Craig and Swedish hospitals, DU and adjacent to Harvard Gulch path.

Location

State CO

County Denver

Area Metro Denver

Zoning E-TU-C

Rooms

Other Rooms Kennel/Dog Run

Interior

Heating Forced Air

Cooling Evaporative Cooling,Ceiling Fan(s)

Exterior

Exterior Feature Balcony

Fence Partial

View Mountain(s)

Roof Type Composition

Building

Lot Description Corner Lot,Level,Abuts Ditch,Abuts Public Open Space

Story 2

Sewer City Sewer,Public Sewer

Structure Type Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Asbury

Middle Schools Grant

High Schools South

School District Denver 1

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