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472 N Lafayette Street
Denver, 80218
Pending
$1,399,000
Pending
7
Beds
5
Baths
2
Garage
3,634
Sq.Ft.
0.11
Acres
MLS# 2592253
Cumulative Days on Market: 27 (since April 4th, 2024) Data provided by the MLS.

Property Details

One of the ONLY multifamily properties in all of Country Club! Absolute A+ location for this solid brick Denver Square home that was built as two units: the main home at 470 Lafayette is 4 beds, 3 baths with basement, while 472 Lafayette (pictures coming soon) is a 2-story, 3 bedrooms and 2 baths at 1400 square feet. Currently rented to long-time tenant thru July, but Pro Forma for 3 bedroom is $2800 and $3500+ for the main home. With a 2 car garage, separate covered front porches for beautiful sunsets, private back yards for each unit, separate furnace / AC units, laundry on both sides, and separately billed utilities, this 3600 sqft property makes an amazing 1031 target in one of the most storied and beautiful neighborhoods in Denver.AirDNA report attached, showing potential $92k in revenue for the 3 bedroom 2 bath side...WOW!! Call with any questions!

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Property Highlights

Price
$1,399,000
Property Type
Residential Income
Property Sub Type
Duplex
Architectural Style
Denver Square
Total Bathrooms
5
Year Built
1908
Acres
0.11

Location

County
Denver
Direction Faces
West
Subdivision
Country Club
Zoning
U-SU-C

Property Details

Condition
Updated/Remodeled
Price
$1,399,000
Property Sub Type
Duplex
Property Type
Residential Income

Building

Levels
Two
Structure Type
Duplex
Total Area
3,634

Community

Local Schools

Elementary School
Dora Moore
High School
East
Middle School
Morey
School District
Denver 1

Interior Features

Bedrooms and Bathrooms

Bedrooms
7
Total Bathrooms
5

Rooms and Basement

Basement Features
Finished, Partial
Has Basement
Yes

Area and Spaces

Above Grade Finished Area
2,802
Below Grade Finished Area
832
Living Area
3,634

Interior Features

Electic
110V, 220 Volts
Flooring
Carpet, Wood
Interior Features
Built-in Features, Smoke Free
Laundry Features
In Unit

Heating and Cooling

Heating Features
Forced Air

Building Details

Construction

Architectural Style
Denver Square
Year Built
1908

Materials

Construction Materials
Brick
Roof
Composition

Terms

Commercial

Cap Rate
4.80

Terms

Contingency
None Known
Exclusions
Seller and tenant's personal belongings
Ownership
Individual
Special Conditions
None
Special Terms
1031 Exchange, Cash, Conventional

Taxes

Tax

Tax (Annual)
$4,849

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
Water Source
Public

Lot

Acres
0.11
Lot Features
Level
Lot Size
4,620
Lot Size Area Sq Ft
4,620

Exterior Features

Exterior Features
Balcony, Private Yard, Rain Gutters
Fencing
Full
Patio And Porch Features
Covered, Front Porch, Patio

Parking

Garage Capacity
2
Total Parking Spaces
2
Listed by Your Castle Real Estate Inc, [email protected], 303-550-5949.
Listing Data last updated 05/01/2024 08:31 AM
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Property History

16 days ago
Property information last updated
27 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 27. Data provided by the MLS.

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Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 05/01/2024 08:31 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Listing Data last updated: 05/01/2024 08:31 AM
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