Active
578 Galapago Street
Denver CO, 80204
$950,000
$166.67 per sqft
Active
5,700 sqft
Multi-family
Built in 1908
INVESTOR SPECIAL! 4-5 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 if you rehab each unit and sell them seperately as condos. Huge spread for experienced. investors/developers. 4 Units are currently a shell, ready for permitting and construction. Unfinished basement has a seperate meter and be remodeled to be a common area space or a 5th unit. 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!
4148560
MLSⓇ ID
August 29, 2024
Listed
September 27, 2024
Updated
Map
578 Galapago Street
Denver CO, 80204
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Air Conditioning-Room
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.21 Acres
Lot Features
Corner Lot, Level
Roof
Rolled/Hot Mop
Sewer
Public Sewer
School Information
School District
Denver 1
High School
West
Elementary School
DCIS at Fairmont
Other Property Details
Taxes
$4,748
Tax Frequency
Annually
Garage
No
Parking Total
0
View
No
County
Denver
Pool
No
Zoning
U-RH-2.5
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Data last updated 9:51 PM UTC, 9/27/2024
