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1516 Lafayette St Denver CO 80218 MLS 9729220

$725,000

Photo one of 1516 Lafayette St Denver CO 80218 | MLS 9729220

Listing courtesy of Porchlight Real Estate Group IDX Logo

1516 Lafayette St
Denver, CO 80218 MLS# 9729220
  • Bedrooms

    3

  • Baths

    2

  • Sq. Feet

    1825

  • Year Built

    1885

  • Days On Market

    6

  • $/SqFt

    $397

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Home Description: 1516 Lafayette St

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.

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  • Interior: Ceiling Fan(s),High Ceilings,Laminate Counters,Open Floorplan,Pantry,Primary Suite,Smart Thermostat
  • Appliances: Dishwasher,Range,Range Hood,Refrigerator
  • Flooring: Laminate
  • # Full Baths: 2
  • # Partial Baths: 0
  • Construction Materials: Brick
  • Roofing: Composition,Other
  • Cooling: Central Air
  • Heating: Forced Air

Available now at $725,000

Approximate Room Sizes / Descriptions

LivingMain
Bathroom (3/4)Main
FamilyMain
MudMain
KitchenMain
LoftUpper
Bathroom (Full)Upper
BedroomMain
BedroomMain
BedroomUpper
  • Garage Spaces: 0
  • Lot: Level
  • Senior Community: No
  • List Status: Active
  • : Nwieder@porchlightgroup.com,720-878-2589

Neighborhood

The average asking price of a 3 bedroom Denver home in this zip code is $899,350 (24.0% more than this home).

This home is priced at $397/sqft, which is 14.3% less than similar homes in the 80218 zip code.

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1516 Lafayette St Denver CO 80218

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School Information

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

Financial

  • Approx Payment:$3,527*
  • Taxes:$3,380

Area Stats

These statistics are updated daily from the RE colorado. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (720) 298-6702 and speak with one of our real estate consultants.

Listing Courtesy of Porchlight Real Estate Group. For information or to schedule a viewing of this property (MLS# 9729220) located at 1516 Lafayette St Denver CO 80218, call: 720-298-6702

1516 Lafayette St, Denver CO is a single family home of 1825 sqft and is currently priced at $725,000 . This single family home has 3 bedrooms. A comparable home for sale at 778 N Marion St in Denver is listed at $575,000. This home on 1516 Lafayette St has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos and Foreclosures in Denver, CO. Mcculloughs, Governors Park and Byers are nearby neighborhoods. MLS 9729220 has been posted on this site since 11/1/2024 (today).

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