$895,000
1544 Lafayette , Denver, CO 80218
Current Rent **
$3,625
Projected Rent **
$4,400
Estimated Rent †
Estimated Rent Confidence ‡
High
Denver House Hacking Opportunity w/ ADU
1544 Lafayette is a Victorian single-family house with a carriage house located near the corner of Park Avenue & Colfax in Denver's sought after Uptown neighborhood. Perfect opportunity for an owner-occupant, investment property, or Airbnb set-up. G-RO-3 zoning provides the opportunity to convert to a residential office space! The building is within walking distance to numerous restaurants, retail stores 7 entertainment venues along Colfax & 17th Avenue. The home is also in close proximity to St. Joseph's Hospital and City Park.
The main house features 3 bedrooms & 2 baths, rented for $2,150 & lease expires 8/30. The back house is 1 bedroom & 1 bath, rented for $1,475 & lease expires 6/30. Both houses include original features throughout. New roof was installed in 2022, as well as tuck-pointing work. Recently appraised for $915,000. Recent ILC & appraisal can be provided.
Contact Lauren Anderson at [email protected] at 707-484-3320
Location:
1544 Lafayette , Denver, CO 80218
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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