CO > Denver > Congress Park
Denver, CO 80206,1483 Detroit ST
Denver, CO 80206,1483 Detroit ST
Denver, CO 80206,1483 Detroit ST
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Bill Watson

Bill Watson

+1(303) 842-0836
$800,000
Est. payment /mo
2,488 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,488 sqft

Price per Sqft $321

Subdivision Congress Park

MLS Listing ID 1581857

HOA Y/N No

Abv Grd Liv Area 2,488

Originating Board recolorado

Year Built 1896

Annual Tax Amount $6,030

Tax Year 2023

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Quadplex

Property Description

1483 Detroit is a 2,488 square foot 4 plex converted mansion in Denver, CO.  A year ago the property was struck by lightning.  An insurance claim was filed at that time.  The property is currently gutted down to the studs.  The owner is looking to find a buyer who would like to assign the insurance claim and finish the project.

Estimated Finish Value: $1,150,000
Price: $800,000
Rehab Estimate: $400,000
Rehab Covered by Insurance: $375,000*
Potential Profit: $325,000

*to be verified by Purchaser

Location

State CO

County Denver

Interior

Heating Forced Air

Cooling None

Fireplace N

Exterior

Garage Spaces 4.0

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Teller

Middle Schools Morey

High Schools East

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

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REColorado (REColorado MLS)
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Required Properties LLC • team@rprops.com,952-201-5676
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"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(303) 842-0836

bill@watsonrg.com

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