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1266 N Lafayette Street, Denver, CO 80218
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$2,300,000
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Home Details for 1266 N Lafayette Street
Price
$2,300,000
Type
Commercial/Industrial
Year Build
1888
Lot Size
0.11
County
Denver
Garage
3
Tax
$8,337
MLS®️ Listing#
2126553
On exitrealty.com
254 days
Property Description
Priced Reduced - Bring all Offers - Chic, modernized 8-unit multifamily investment property ideally located in the esteemed Cheesman Park submarket with strong rental income and assumable interest-only debt at 3.43%! 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 8.44% cash-on-cash return. Can be purchased with 1568 Vine Street (6 units).
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Listing Courtesy: Pinnacle Real Estate Advisors - rlawson@pinnaclerea.com,303-962-9555
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