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1266 Lafayette Street

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Address: 1266 Lafayette St, Denver, CO 80218, USA

Phoenix & Southwest + Apartment Buildings

Created date: January 9, 2025

Date last updated: February 4, 2025

Attractive assumable debt at 3.34% interest-only and 7.76% cash-on-cash return
Can be purchased with 1568 Vine Street (6 units) as a portfolio
Very well-maintained, recently updated 5,286 SF building with 8 units
Built in 1888, blending historic charm with modern appeal
Zoned G-MU-3 for versatile investment potential
Prime location in the desirable Cheesman Park area
Full custom contemporary renovation inside and out
New roof with solar technology for energy efficiency
3 garages and additional storage space
Upgraded furnace and hot water heaters
Onsite laundry facilities for resident convenience
Gated patio with fire pit and outdoor common areas
Inviting spaces for resident entertainment and relaxation

Property Description

Chicly modernized beautiful 8-unit multifamily investment property ideally located in the esteemed Cheesman Park submarket with strong rental income and assumeable 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 offers a 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.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$2,400,000
No. of Units:	8
Year Built:	1888
Lot Size:	0.11 Sq ft
Opportunity Zone:	No
Price per unit:	$300,000
Property Website	Click Here