1533 - 1541 Fairfax Street, Denver

$2,990,000

0 Beds
0 Baths
9,818 Sqft
.28 Acres
5 Garages

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.

Status: Active

Metrolist Services Inc (Colorado) Logo eXp Realty, LLC.

Essential Information
MLS® #9402602
Price$2,990,000
Bathrooms0.00
Square Footage9,818
Acres0.28
Year Built1949
TypeCommercial
Sub-TypeMulti-Family
StyleMid-Century Modern
StatusActive
Community Information
Address1533 - 1541 Fairfax Street
CityDenver
CountyDenver
StateCO
Zip Code80220
Utilities

Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected

Exterior
RoofComposition
Lot Description

Irrigated, Sprinklers In Front

Additional Information
Date ListedApril 19th, 2024
ZoningU-TU-C
Parking Spaces5
# of Garages5
Listing Details
Metrolist Services Inc (Colorado) LogoeXp Realty, LLC
Property History
Status Changed from Coming Soon to Active
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Metrolist Services Inc (Colorado) LogoOffice: Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
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Listing information last updated on May 2nd, 2024 at 9:19am MDT.