1266 N Lafayette Street

Denver, CO 80218
Square Ft.
5,286
$2,100,000
Priced Reduced to sell. Now, a 6.3% cap rate. This chic, modernized 8-unit multifamily investment property is ideally located in the esteemed Cheesman Park submarket, featuring strong rental income, and there is assumable interest-only debt at 3.34%. The property glows with a fully custom, contemporary renovation inside and out, seamlesslyRead MoreRead Less
Market LogoCourtesy of Pinnacle Real Estate Advisors [email protected]
Listing Snapshot
Days Online
266
Last Updated
Property Type
Multi Family
Square Ft.
5,286
Lot Size
0.11 Acres
Year Built
1888
MLS Number
2126553
30 Days Snapshot Of 80218
$585k
-20%
(avg) sold price
15
-25%
homes sold
92
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Construction Materials: "Brick", "Frame", Effective Year Built: 2022, Occupant Type: Tenant, Structure Type: "Low Rise (1-3)", Total Area: 5286, Unit Count: 3, Unit Types: "Array", "Array", "Array", Built in 1888, 8 total units
Disclosures
Exclusions: Tenant Possessions
Expenses
Operating Expense: $35,337, Projected Annual Expense: $35,769
Garage
3 garage spaces
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 132711.00, Gross Income: $168,048, Projected Annual Net Income: $137,607, Projected Gross Income: $173,376
Lot
Acres: 0.11, Area: 4762, Parcel Number: 5022-20-005, Square Feet: 4762
Energy Saving
Green Verification Count: 0
Parking
Parking Total: 3, Carport Spaces: 0, Offstreet Spaces: 0, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1
Property
Current Use: "Multi-Family", Property Sub Type: Multi Family, Zoning: G-MU-3
Roof
Roof: "Solar Shingles"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 8337, Legal Description: L 1 & N 1/2 OF 2 BLK 4 INSLEES ADD AMD MAP, Tax Year: 2023
Utilities
Power Production Count: 0, Water Included, Water Source: "Public"
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Sarah Manshel
Team Leader / Realtor
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial 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. 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.