Calling all Investors, Developers, and Homebuyers. Zoned G-RO-3, this home has something for everyone! Looking to offset your mortgage? Add an ADU. Nearby short and mid-term rentals are earning $20-45k/year! Average long-term rent is $3,200 for the existing structure with approximate cap rate of 4.3% and for an ADU it's 14%. Great rental potential if you are looking to hold and then develop. The 6,250 sqft lot is well suited for a duplex or multi-unit with room for a garage/ADU.
1516 Lafayette (MLS #9729220) is a single family home located in Denver, CO.
This single family home is 2,090 sqft and on a lot of 6,250 sqft (or 0.14 acres) with 3 bedrooms, 2 baths and is 139 years old. This property was listed on 11/01/2024 and has been priced for sale at $725,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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Listing information courtesy of: Porchlight Real Estate Group
