$950,000
Active
59 Days Online
0 Beds0 Baths5,700 SQFT
Active

578 Galapago Street Denver, CO 80204

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INVESTOR SPECIAL! 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. Huge spread for experienced investors/developers. 4 Units are currently a shell, ready for permitting and construction. 4 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!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyDenver
  • Taxes$4,748
  • HOA/Condo/Coop Fees$0
  • Days on Site58 Days
  • MLS StatusActive
  • MLS ID Number6136569
  • Home Size Source N/A
  • Year Built1908
  • Lot Size0.21 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction BlockBrickStucco
  • Parking Spaces 0
  • Sewer Public Sewer
  • Number of Stories 2
  • Acreage 0.21
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Attached Garage No
  • Zoning U-RH-2.5

Interior Features

  • Fireplace No

Exterior Features

  • Spa No
  • Waterfront Property No
  • Lot Corner Lot

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Monthly Payment (Est.)

$4,774
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