$725,000
Beds: 3
Baths: 2
Sqft: 1,825
Sqft lot: 6,250
Acre lot: 0.14
14 Days On Market -

Courtesy of Nikki Wiederaenders, Porchlight Real Estate Group Nwieder@porchlightgroup.com,720-878-2589

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Status: Active
Property Type: Single Family Residence
Year Built: 1885
Days On Website: 14
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.

Features

Building

  • Above Grade Finished Area: 1825
  • Below Grade Finished Area: 265
  • Building Area Total: 1825
  • Construction Materials: "Brick/Brick Veneer"
  • Total Sq Ft: 2090
  • Levels: "Two"
  • Living Area: 1825
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Stories: 2
  • Year Built: 1885

Property Access

  • Accessibility Features: "Level Lot"

Appliances & Equipment

  • Appliances: "Dishwasher", "Refrigerator"

Basement

  • Basement: "Partial", "Unfinished"

Bathrooms

  • Bathrooms Full: 1
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Integer: 2
  • Baths Full Additional: 0
  • Baths Full Basement: 0
  • Baths Half Additional: 0
  • Baths Half Basement: 0
  • Baths Three Quarters Additional: 0
  • Baths Three Quarters Basement: 0
  • Baths Three Quarters Lower: 0
  • Baths Three Quarters Upper: 0

Bedrooms

  • Bedrooms Total: 3

Location

  • City: Denver
  • Country: US
  • County Or Parish: Denver
  • Locale: Denver
  • Latitude: 39.740475
  • Longitude: -104.970634
  • MLS Area Major: Metro Denver
  • Postal Code: 80218
  • State Or Province: CO
  • Street Name: Lafayette
  • Street Number: 1516
  • Street Suffix: St
  • Subdivision Name: Park Ave Add
  • Unparsed Address: 1516 Lafayette St Denver CO 80218

Cooling

  • Cooling: "Central Air", "Ceiling Fan(s)"
  • Cooling YN: t

Garage

  • Covered Spaces: 4
  • Garage Spaces: 4
  • Garage YN: t
  • Garage Type: Off Street

Schools

  • Elementary School: Wyatt
  • High School: East
  • High School District: Denver 1
  • Middle Or Junior School: Whittier E-8

Energy Saving

  • Green Energy Efficient: "Thermostat"

Heating

  • Heating: "Forced Air"
  • Heating YN: t

Property

  • Crops: None
  • Property Condition: "Not New, Previously Owned"
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Road Surface Type: "Paved"

Family Room

  • Has Family Room: t
  • Room Family Room Area: 162
  • Room Family Room Length: 9
  • Room Family Room Level: Main
  • Room Family Room Width: 18

Taxes

  • Has Metro Tax District: No
  • Tax Annual Amount: 3380
  • Tax Year: 2023

Water Features

  • Has Water Rights: No
  • Water Source: "City Water"

Interior Features

  • Interior Features: "Open Floorplan", "Pantry", "Loft"

Listing

  • Listing Id: 9729220
  • Listing Terms: "Cash", "Conventional", "FHA", "VA Loan", "1031 Exchange"
  • List Price: 725000
  • Mls Status: Active
  • Special Listing Conditions: "Private Owner"
  • Standard Status: Active

Lot

  • Lot Features: "Level"
  • Lot Size Acres: 0.14
  • Lot Size Area: 6250
  • Lot Size Square Feet: 6250
  • Lot Size Units: Square Feet

Exterior Features

  • Patio And Porch Features: "Patio"

Second Bedroom

  • Room Bedroom 2 Area: 156
  • Room Bedroom 2 Length: 12
  • Room Bedroom 2 Level: Main
  • Room Bedroom 2 Width: 13

Third Bedroom

  • Room Bedroom 3 Area: 130
  • Room Bedroom 3 Length: 10
  • Room Bedroom 3 Level: Main
  • Room Bedroom 3 Width: 13

Kitchen

  • Room Kitchen Area: 180
  • Room Kitchen Length: 12
  • Room Kitchen Level: Main
  • Room Kitchen Width: 15

Living Room

  • Room Living Room Area: 288
  • Room Living Room Length: 16
  • Room Living Room Level: Main
  • Room Living Room Width: 18

Primary Bedroom

  • Room Master Bedroom Area: 225
  • Room Master Bedroom Length: 15
  • Room Master Bedroom Level: Upper
  • Room Master Bedroom Width

Property Map

Map View

$725,000 - 1516 Lafayette St, Denver, CO 80218

Street View

Directions

1516 Lafayette St
Denver, CO 80218
City: Denver

Nearby Schools

Local Sales

Photo of Sydney Sowy

Sydney Sowy

(210) 788-9633

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This content last updated on November 15, 2024 12:46PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.