1483 Detroit Street
Denver, CO 80206
2488 sqft | 0.14 acres | #1581857
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
Property Details
- Property ConditionFixer, Under Construction
- SubdivisionCongress Park
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Structure TypeQuadruplex
- School DistrictDenver 1
- Original List Price$800,000
- Property SubtypeQuadplex
- MLS #1581857
- MLS #1581857
- Elementary SchoolTeller
- CountyDenver
- Taxes Annual$6,030
- Cost800000
- Middle SchoolMorey
- Acres0.14
- Square Feet2488
- Year Built1896
- High SchoolEast
- Parking Spaces4
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Jules "J.B." Hochman (#REC026271)
Listing Office: Required Properties LLC (#RECM7499)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
