$725,000

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1516 Lafayette Street Denver, CO, United States 80218

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.

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Amenities

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 0
  • Property Type: Single Family
  • Home size: 2,090 ft2 / 194.17 m2
  • MLS: 9729220
  • Web ID: TDEJTG
  • Status: Active

Property brokered by

PorchLight Real Estate Group

(303) 733-5335

Get more listing details on brokerage site

Presented by Nikki Wiederaenders

  • (720) 878-2589
  • (303) 733-5335 (Office Phone)

Contact Nikki Wiederaenders

Contact Agent

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