CO > Denver
Denver, CO 80218,1266 N Lafayette ST
Denver, CO 80218,1266 N Lafayette ST
Denver, CO 80218,1266 N Lafayette ST
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William Watson

William Watson

+1(720) 463-0002
$2,100,000
Est. payment /mo
5,286 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,286 sqft

Price per Sqft $397

MLS Listing ID 2126553

HOA Y/N No

Year Built 1888

Annual Tax Amount $8,337

Tax Year 2023

Lot Size 4,762 Sqft

Acres 0.11

Property Sub-Type Multi Family

Source recolorado

Property Description

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, seamlessly blending old-world charm with modern allure. With a new roof featuring solar technology, 3 garages, storage, and updated furnace and hot water heaters, this 5,286 SF building with 8 units is a true turnkey investment. The addition of onsite laundry, a gated patio with a fire pit, and inviting outdoor common areas enhances its appeal for residents. Zoned G-MU-3, this property embodies the essence of sophisticated urban living, making it an enticing prospect for multifamily investors seeking a unique, updated, strong performing, apartment asset. Attractive assumable debt at 3.34% interest-only and 10% cash-on-cash return. Can be purchased with 1568 Vine Street (6 units).

Location

State CO

County Denver

Zoning G-MU-3

Interior

Fireplace N

Exterior

Garage Spaces 3.0

Roof Type Solar Shingles

Total Parking Spaces 3

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

Others

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 Pinnacle Real Estate Advisors
William Watson

"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(720) 463-0002

bill@watsonrg.com

CO, USA

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