1483 Detroit ST Active Save Request In-Person Tour Request Virtual Tour
Denver,CO 80206
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,488 sqft
Price per Sqft $321
Subdivision Congress Park
MLS Listing ID 1581857
HOA Y/N No
Originating Board recolorado
Year Built 1896
Annual Tax Amount $6,030
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Description
1483 Detroit is a 2,488 square foot 4 plex converted mansion in Denver, CO. A year ago the property was struck by lightning. An insurance claim was filed at that time. The property is currently gutted down to the studs. The owner is looking to find a buyer who would like to assign the insurance claim and finish the project.
Estimated Finish Value: $1,150,000
Price: $800,000
Rehab Estimate: $400,000
Rehab Covered by Insurance: $375,000*
Potential Profit: $325,000
*to be verified by Purchaser
Location
State CO
County Denver
Interior
Heating Forced Air
Cooling None
Fireplace N
Exterior
Garage Spaces 4.0
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Story Two
Sewer Public Sewer
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Teller
Middle Schools Morey
High Schools East
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Special Listing Condition None