318 S Lafayette St - Multi-Family FOR SALE


Denver, CO 80209- Washington Park
$1,700,000 USD
303-557-8862
318 S Lafayette St, Denver, CO for Sale
$1,700,000 USD
Multi-Family - FOR SALE
1/8
null | Request Cap Rate

318 S Lafayette St
Denver, CO 80209
Washington Park


HIGHLIGHTS

  • Prime location near Wash Park
  • G-MU-5 Zoning
  • 6,350 sqft lot
  • Detached garage
  • Income potential

OVERVIEW

This is a rare opportunity to own a property with G-MU-5 zoning in this highly desirable neighborhood, just one block from Washington Park. The G-MU-5 zoning allows for a variety of multi-unit developments, including urban houses, duplexes, row houses/townhouses, and apartment buildings, with a maximum height of five stories. Located just steps from Washington Park, 1.5 miles from Cherry Creek Shopping Center, and less than 5 miles to Downtown Denver and the University of Denver, this property offers an exceptional development opportunity. The 6,350 sqft lot includes 2,641 sqft of living space and a detached garage, currently configured as an owner-occupied duplex that could provide immediate cash flow potential. Whether you're looking to develop or hold as an investment, this property offers incredible potential.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$644 USD /SF

# OF UNITS

2

PRICE/UNIT

$850,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Duplex with G-MU-5 Zoning in Wash Park

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

G-MU-5

APN/PARCEL ID

5142-03-027

ASK ABOUT THIS PROPERTY

Mor ZuckerLIV Sotheby's International RealtyMore Info
303-557-8862

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mor ZuckerLIV Sotheby's International RealtyMore Info
303-557-8862

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.