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Listing Courtesy of: Michelle Glass - Keller Williams Realty Urban Elite 303-458-0100

$950,000

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578 Galapago Street Denver, CO 80204

Multi-Family Residence

Beds

Baths

5,700 Sq. Ft.

0.21 Acre Lot

Property Activity

Time on Site

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Last updated on 9/21/2024 6:27 PM

Listing Details

INVESTOR SPECIAL! 5 Unit, Multifamily Fix & Flip Opportunity in Baker; a highly desirable urban neighborhood of Denver. A mix of 3 bedroom and 2 Bedroom units. After Repair Value is $2.2M - $2.6M. Huge spread for experienced investors/developers. 4 Units are currently a shell, ready for permitting a...nd construction. 4 separate living spaces above ground and an unfinished basement for potential to add a 5th unit. ALL 5 units are separately metered. Alternative Option: 2nd floor would make a wonderful penthouse. All units have access to a spectacular rooftop deck for a great common area. Views of mountains, permanently protected. Ceilings 11.5 feet high. Basement 7.5 feet high. There is a common wall agreement for the attached townhome next door that is separately owned. Victorian era type architecture, common in the Baker neighborhood. Buyer responsible for verifying all city requirements. Not in the historic district. Many were previously approved by the city, but approvals have expired. Construction & Development experience needed. Hurry, this won't last long! Continue reading

MLS#

6136569

Property Type

Multi-Family

Status

Year Built

1908

Square Feet

5,700 sq. ft

Lot Size

0.21

Sewer