Denver, CO 80210 2480 S Lafayette St
$1,250,000
44 more
Presented By: Corcoran Perry & Co.; swindholz@corcoranperry.com,720-557-9980
Beds • 8
Baths • 4
SQFT • 3,307
Home Details
Mid-Century condos within one building in fabulous DU neighborhood, right next to the Harvard Gulch path. NO HOA Dues to pay, as you own the whole building. Four units- two bedroom, one bath, each with their private back patio area. The building has been well taken care but could yield a much higher cap rate with some minor cosmetic updates. The building has had one owner for 27+ years. Three units are currently leased and have had long time tenants! The rents are currently drastically reduced due to the Tenant's longevity at their residences. One unit is vacant and has been updated, allowing you to live in it while you rent and/or improve the other units, this unit could also be rented for an increased Cap Rate.
Close to Craig and Swedish hospitals, DU and adjacent to Harvard Gulch path.
Presented By: Corcoran Perry & Co.; swindholz@corcoranperry.com,720-557-9980
Interior Features for 2480 S Lafayette St
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area3307
Air Conditioning Y/NYes
BasementStructural Floor
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesEat-in Kitchen
General for 2480 S Lafayette St
AccessibilityAccessible Approach with Ramp, Level Lot
AppliancesRefrigerator, Washer, Dryer, Disposal
Attached Garage No
Cap Rate4.599999
CityDenver
Construction MaterialsBrick/Brick Veneer
CoolingEvaporative Cooling, Ceiling Fan(s)
CountyDenver
ElectricSeparate Meter Electricity
Elementary SchoolAsbury
ExclusionsTenant's Personal Belongings
Facing DirectionWest
Garage Y/NNo
Gross Income72000
HOANo
HeatingForced Air
High SchoolSouth
High School DistrictDenver 1
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet9370
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolGrant
Net Operating Income57248
New ConstructionNo
Number Of Units Total4
Operating Expense14752
Other StructuresKennel/Dog Run
Patio/Porch FeaturesPatio
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameDU Harvard Park
Tax Annual Amount6658
Tax Year2023
Tenant PaysGas, Electricity
ViewMountain(s)
Year Built1955
ZoningE-TU-C
Exterior for 2480 S Lafayette St
Building Area Total3307
Exterior AmenitiesBalcony
FencingPartial
Horse Y/NNo
Lot FeaturesCorner Lot, Level, Abuts Ditch, Abuts Public Open Space
Lot Size Acres0.22
Lot Size Area9370
SpaNo
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
South High School
Middle School
Grant Middle School
Elementary School
Asbury Elementary School
