578 Galapago ST Save Request In-Person Tour Request Virtual Tour
Denver,CO 80204
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,700 sqft
Price per Sqft $166
Subdivision Baker
MLS Listing ID 4148560
Year Built 1908
Annual Tax Amount $4,748
Tax Year 2023
Lot Size 9,147 Sqft
Property Description
INVESTOR SPECIAL! 4-5 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 if you rehab each unit and sell them seperately as condos. Huge spread for experienced. investors/developers. 4 Units are currently a shell, ready for permitting and construction. Unfinished basement has a seperate meter and be remodeled to be a common area space or a 5th unit. 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!
Location
State CO
County Denver
Zoning U-RH-2.5
Interior
Heating Forced Air
Cooling Air Conditioning-Room
Exterior
Roof Type Rolled/Hot Mop
Building
Lot Description Corner Lot,Level
Story Two
Sewer Public Sewer
Structure Type Block,Brick,Stucco
Schools
Elementary Schools Dcis At Fairmont
Middle Schools Girls Athletic Leadership School
High Schools West
School District Denver 1
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None