tomo logo

$725,000

Beds
3
Baths
1.75
sq ft
1,825

1516 N Lafayette St, Denver, CO 80218

1516 N Lafayette St

Denver, CO 80218

  • 51 days on market
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.

Details

Property type

Single Family Residence

Lot size

6,250 sq ft

Price per sq ft

$398

Year built

1885

Annual property taxes

$3,380

Price History

11/01/2024
REColorado

REColorado #9729220

Listed
$725,000
+29.46%
09/24/2021
REColorado

REColorado #7240508

Sold
$560,000

Schools & Community

Neighborhood: 

City Park West

Elementary school: 

Wyatt

Middle school: 

Whittier E-8

High school: 

East

High school district: 

Denver 1

Status: Active

Tomo last checked: 12/22/2024 at 11:50 AM

Listing updated: 11/08/2024 at 11:45 AM

Listed by: Nikki Wiederaenders, Porchlight Real Estate Group Phone #: (303) 733-5335

MLS: REColorado #9729220

REColorado logo

Recently listed in Denver

$649,900|2 bd|1.0 ba|House
$392,500|2 bd|2.25 ba|House
$550,000|3 bd|2.75 ba|House
$939,000|3 bd|2.25 ba|House
$275,000|2 bd|1.0 ba|Townhouse
$625,000|2 bd|1.5 ba|House

Explore top cities in Colorado

tomo logo
  • © 2024 Tomo Real Estate
  • 1424 11th Ave, Suite 201, Seattle, WA 98122
  • (404) 738-5385

Resources

BlogTomo Mortgage

Disclaimers

mls-logo

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Tomo Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL. PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.