Pending

1483 Detroit Street

Denver CO, 80206

$800,000


$321.54 per sqft

Pending

2,488 sqft

Multi-family

Built in 1896

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

1581857

MLS ID

August 7, 2024

Listed

August 23, 2024

Updated

Map

1483 Detroit Street
Denver CO, 80206

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.14 Acres


Roof

Composition


Sewer

Public Sewer

School Information

School District

Denver 1


High School

East


Elementary School

Teller

Other Property Details

Taxes

$6,031


Tax Frequency

Annually


Garage

Yes


Garage Spaces

4


Parking Total

4


View

No


County

Denver


Pool

No

Listing History

Date

Event

Price

9/17/2024

Active

8/23/2024

Pending

Listed by Required Properties LLC, Jules "J.B." Hochman, Listing Contact: [email protected],303-668-4930 
 

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