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$1,225,000   Price Analysis
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1231 N Lafayette St
Denver, CO 80218
7 bed 4 bath 3,600 SqFt ($340/SqFt)
4,687SqFt lot. Built 1890
Listed 2024-03-27
Ⓧ USDA Ineligible
due to price & location

near Denver

Amazing investment opportunity on this turn of the century home within walking distanc to Cheesman Park and the Denver Botanic Gardens.

All units are rented. Seller had to do renovation in the winter and get renters during an unideal season w hich is why rents are lower right now than they have been previously.

Market rents are $6735/month. Owner has put $100k into the property including whole house electrical, patio, drainage etc.


Presented by Shelby Sampson at
The Agency Denver.
Listing Agent Photo

Property MLS #2367202 from REcolorado

Bedrooms: 7

Total Bathrooms: 4
Full Bathrooms: 4

Dishwasher
Disposal
Dryer
Laundry Features: Common Area, In Basement, In Unit

Cooling Features: Air Conditioning-Room, Central Air
Heating Features: Forced Air

Basement Description: Cellar, Exterior Entry, Unfinished

Private Yard
Rain Gutters
Patio And Porch Features: Front Porch
Road Responsibility: Public Maintained Road

Lot Description: Historical District, Near Public Transit
Lot Size Acres: 0.1075987
Lot Size Square Feet: 4687

Garage Spaces: 3
Parking Total: 4

View: City, Mountain(s)

Elementary School: Dora Moore
Elementary School District: Denver 1
High School: East
High School District: Denver 1
Middle School: Morey
Middle or Junior School District: Denver 1

Morey Middle School is a public middle school located approximately 0.3 miles away.
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Dora Moore ECE - 8th Grade School is a public elementary and middle school located approximately 0.4 miles away.
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East High School is a public high school located approximately 0.9 miles away.
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Colorado Outward Bound School is a private elementary, middle and high school located approximately 0.6 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 5771.00
Source Listing Status: Active
County: Denver
Tax Year: 2022
Source Property Type: Residential Income
Exclusions: tenant's personal property
Source Neighborhood: Cheesman Park
Parcel Number: 5022-21-018
Subdivision: Cheesman Park
Property Subtype: Triplex
Source System Name: C2C

Price Changed 2024-04-29
$1,225,000
REcolorado
Listed 2024-03-27
$1,300,000
REcolorado

Total Square Feet Living: 3125
Year Built: 1890
Above Grade Finished Area: 3125
Below Grade Unfinished Area: 475.00
Common Walls: 2+ Common Walls
Construction Materials: Brick
Direction Faces: East
Entry Level: 1
Entry Location: Ground
Levels: Three Or More
Property Age: 134
Property Attached: Yes
Property Condition: Updated/Remodeled
Roof: Composition
Structure Type: Triplex
Architectural Style: Victorian

Sewer: Public Sewer
Cable Available
Electricity Connected
Internet Access (Wired)
Natural Gas Connected
Water Source: Public
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.