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1533 - 1541 Fairfax Street

Denver, CO 80220
  • $2,990,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 9402602
UPDATED: 89 min ago
$2,990,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,818
    SQFT
  • $305
    $/SQFT
Type:
Commercial
Built:
1949
County:
Area:

School Ratings & Info

REcolorado logo Offered by eXp Realty, LLC.

Description

This multi-unit complex located in Denver's South Park Hill neighborhood comprises four townhomes and one duplex, each recently fully renovated to modern standards. Spread over a total area of 9,818 sq ft on a combined 12,218 sq ft lot, this property offers enhanced living spaces and a sound investment potential. Property Details: Renovations: The properties have been updated with new roofs, efficient furnaces, modern kitchens including new appliances, contemporary flooring throughout, quartz countertops, jacuzzi tubs, and new tankless hot water heaters. Unit Configuration: Townhomes: Each townhome features 3 bedrooms and 2 bathrooms, providing ample space for families or shared living arrangements. Duplex: The upper unit consists of 2 bedrooms and 1 bathroom, while the lower unit has 1 bedroom and 1 bathroom, ideal for different rental needs. Rental Income: Projected gross annual income is $231,504, with the townhomes projected rental income for $3,818 each and the duplex units contributing a total of $4,010 per month . Outdoor Features: Two of the units have a private yard and an irrigation system, enhancing the outdoor living experience. Location: Centrally located with a high Walk Score of 79, the property is in proximity to essential amenities and public transportation. Offered at $2,990,000, this collection represents a significant investment opportunity in one of Denver's most sought-after areas.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than DreamSmith Team | RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.thedreamsmithteam.com/homes/149482338
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1533 - 1541 Fairfax Street Denver, CO 80220

  • Price: $2,990,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 89 min ago
  • MLS #: 9402602
0
Beds
0
Baths
0
½ Baths
0.28
Acres
9,818
SQFT
$305
$/SQFT
1949
Built
County:
Denver
Area:
Denver
Property Description
This multi-unit complex located in Denver's South Park Hill neighborhood comprises four townhomes and one duplex, each recently fully renovated to modern standards. Spread over a total area of 9,818 sq ft on a combined 12,218 sq ft lot, this property offers enhanced living spaces and a sound investment potential. Property Details: Renovations: The properties have been updated with new roofs, efficient furnaces, modern kitchens including new appliances, contemporary flooring throughout, quartz countertops, jacuzzi tubs, and new tankless hot water heaters. Unit Configuration: Townhomes: Each townhome features 3 bedrooms and 2 bathrooms, providing ample space for families or shared living arrangements. Duplex: The upper unit consists of 2 bedrooms and 1 bathroom, while the lower unit has 1 bedroom and 1 bathroom, ideal for different rental needs. Rental Income: Projected gross annual income is $231,504, with the townhomes projected rental income for $3,818 each and the duplex units contributing a total of $4,010 per month . Outdoor Features: Two of the units have a private yard and an irrigation system, enhancing the outdoor living experience. Location: Centrally located with a high Walk Score of 79, the property is in proximity to essential amenities and public transportation. Offered at $2,990,000, this collection represents a significant investment opportunity in one of Denver's most sought-after areas.
Exterior Features

Architectural Style Mid-Century Modern Attached Garage YN No Carport Spaces 0 Construction Materials BrickConcrete Lot Features IrrigatedSprinklers In Front Lot Size Area 12218 Offstreet Spaces 0 Parking Total 5 Road Frontage Type Public Road Surface Type Paved Roof Composition Rv Spaces 0 Structure Type Low Rise (1-3)

Property Features

Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Comparable Listing YN No Electric 110V220 Volts Green Energy Efficient Water Heater Green Verification Count 0 Leasable Area 9818 Lease Considered YN No Listing Terms CashConventional Number Of Units Vacant 6 Operating Expense Includes InsuranceMaintenanceReal Estate Tax Possession Closing/DOD Property Sub Type Multi-Family Road Responsibility Public Maintained Road Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Sewer Public Sewer Tax Annual Amount 10008 Tax Legal Description 1533 N Fairfax Street: COLFAX HEIGHTS SOUTH B3 L32 TO 35 INC EXC THE REAR 8FT COMMSE CORN L32 N 45FT W 57.6FT S 42.2FT W 37.8FT N 7.9FT W26.5F T S 10.7FT E 122FT TPOB 1535 N Fairfax Street: COLFAX HEIGHTS SOUTH B3 L32 TO 35 INC EXC THE REAR 8FT COMMSE COR L32 TH N 45FT TPOB TH W 57.6FT S 42.2FT W 37.8FT N7 .9FT W 26.5FT N 23.1FT E 30.1FT N 2.3FT E 10.8FT N 5.6FT E 1537 N Fairfax Street: COLFAX HEIGHTS SOUTH B3 L32 TO 35 INC EXC THE REAR 8FT COMMSE CORN L32 N 48FT TPOB TH N 3FT W 75.6FT N 6.3FT Tax Year 2022 Tenant Pays Cable TVElectricityGasInternetTelephoneTrash CollectionWater Utilities Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas Connected Water Included YN Yes Water Source Public Zoning U-TU-C

REcolorado logo Listing courtesy of eXp Realty, LLC:denverhomestoday@gmail.com,303-746-7504. MLS #9402602


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than DreamSmith Team | RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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REcolorado logo Offered by eXp Realty, LLC.