1483 Detroit St Active Save Request In-Person Tour Request Virtual Tour
Denver,CO 80206
Key Details
Property Type Single Family Home
Sub Type Income Property
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 false
Abv Grd Liv Area 2,488
Originating Board REcolorado
Year Built 1896
Annual Tax Amount $6,030
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
Area Metro Denver
Interior
Heating Forced Air
Exterior
Garage Spaces 4.0
Waterfront false
Roof Type Composition
Building
Story 2
Sewer City Sewer,Public Sewer
Level or Stories Two
Structure Type Brick/Brick Veneer
New Construction true
Schools
Elementary Schools Teller
Middle Schools Morey
High Schools East
School District Denver 1
Others
Senior Community false
Special Listing Condition Private Owner