Veterans United Realty
33 Photos

1516 Lafayette St, Denver, CO 80218

$725,000 Asking Price

3 beds
2 baths
1,825  sqft
Built in 1885

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.

Listing Status:
Active
Date Added:
November 1, 2024 — 55 days ago
Listing Office:
Porchlight Real Estate Group, Nikki Wiederaenders (720-878-2589)
Office Phone:
720-878-2589
MLS ID:
9729220

Features & Amenities

Interior

General:
Open Floorplan, Pantry, Loft
Appliances:
Dishwasher, Refrigerator
Basement:
Partial, Unfinished
A/C:
true, Central Air, Ceiling Fan(s)
Heating:
true, Forced Air
Disability Feature:
Level Lot
Eco/Green Feature:
Thermostat

Construction

Roofing:
Composition, Other
General:
Brick/Brick Veneer, 2

Location

Road/Access:
Paved
Originating MLS:
REcolorado
School District:
Denver 1
County:
Denver

Lot

Zoning:
G-RO-3, PARK AVENUE ADD B30 L24 & 25

Utilities

Water:
City Water
Sewer:
City Sewer,Public Sewer

Financial

Source:
REcolorado
Exclusions:
Sellers personal property and staging items

This listing courtesy of:
Porchlight Real Estate Group, Nikki Wiederaenders

About Denver, CO

Housing

Number of Units
527,977
Median Home Value
$435,944
Median Rent
$1,329

48.75% of housing units are renter occupied.

6.65% are vacant.

Commute

Car
56.73%
Public Transportation
3.93%
Walk to Work
2.72%
Work from Home
34.89%
Other
0.58%

The median travel time to work is 19 minutes.

People

Population
1,114,255
Median Age
35.70
Median Household Size
2.53

Education

High School
19.56%
Associate’s Degree
6.38%
Bachelor’s Degree
29.05%
Graduate Degree
17.25%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Veterans United Homefront

IDXInformation source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright © 2024 IRES. Information deemed reliable but not guaranteed by the MLS.

Information being provided is 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. Information deemed reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

Broker Reciprocity is the current compilation of active listings of all Broker Reciprocity subscribers except those listings where the seller or the seller’s agency has opted out of Internet publication by so indicating on the listing contract or by written notice to the Multiple Listing Service. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last Updated: December 26, 2024 10:56 am.

Copyright © 2024 Veterans United Realty and Did You Serve, LLC. Homefront.com is NOT affiliated with any government agencies, including the VA. Homefront.com is a service of Did You Serve, LLC. Veterans United and the Veterans United House logo are registered trademarks of Mortgage Research Center, LLC, used under license agreement. Terms of Use.

Message

Interested in this home?

Request more information: