Denver, CO 80204,578 Galapago ST
Denver, CO 80204,578 Galapago ST
Denver, CO 80204,578 Galapago ST
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$950,000
Est. payment /mo
5,700 SqFt
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UPDATED:

10/04/2024 08:26 PM

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

HOA Y/N No

Originating Board recolorado

Year Built 1908

Annual Tax Amount $4,748

Tax Year 2023

Lot Size 9,147 Sqft

Acres 0.21

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

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Air Conditioning-Room

Fireplace N

Exterior

Roof Type Rolled/Hot Mop

Garage No

Building

Lot Description Corner Lot, Level

Story Two

Sewer Public Sewer

Level or Stories Two

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

Senior Community No

Ownership Corporation/Trust

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None


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REColorado (REColorado MLS)
Listed by Keller Williams Realty Urban Elite • MichelleDirect@kw.com

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Rabecca Ranaldi

+1(719) 426-0949

Broker Associate | License ID: FA 100080855

Broker Associate License ID: FA 100080855

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