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1231 N Lafayette St Denver, CO 80218

For Sale
$1,275,000

Turn of the century home near Cheesman Park and Botanic Gardens.

Lot size:
0.11 Acres

Property Features for 1231 N Lafayette St

General Information

Lot size
0.11 Acres

Building Details

Year built
1890

Source: The Agency - Denver Agent Shelby Sampson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Denver Multifamily Investment Opportunity

This multifamily property presents an investment opportunity near Cheesman Park and the Denver Botanic Gardens. The property features multiple rented units. According to the seller, renovations totaling $100,000 have been completed, including whole-house electrical work, patio improvements, and drainage enhancements. Tenants are responsible for covering all utility expenses. The seller indicates that current rents are lower than previous rates due to renovations and tenant acquisition during the winter season. The seller states that market rents are $6735 per month.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Denver
County
Arapahoe
State
Colorado
Longitude
-104.971002
Latitude
39.735811

FAQs

What type of property is this?
Apartment building - Turn of the century home near Cheesman Park and Botanic Gardens.
Where is this apartment building located?
The property is located at 1231 N Lafayette St Denver, CO.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: - Prime location: Walking distance to Cheesman Park & the Denver Botanic Gardens.; - High income potential: Current rents are below market value, with $6735/month potential.; - Recent renovations: $100k invested in property improvements including electrical, patio, and drainage.
More about this property
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