Denver, CO 80206,1483 Detroit St
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1483 Detroit St Denver, CO 80206

2,488 SqFt


UPDATED:

09/17/2024 02:49 PM

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 2,488 sqft

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


Information and Real Estate Services (IRES)
Listed by [email protected],303-668-4930

Steve Prewitt

Broker | Owner | Real Estate Advisor | EAER40046227

+1(719) 439-0241

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1483 Detroit St