About 1266 N Lafayette Street
Priced Reduced - Bring all Offers - Chic, modernized 8-unit multifamily investment property ideally located in the esteemed Cheesman Park submarket with strong rental income and assumable interest-only debt at 3.43%! The property glows with a fully custom, contemporary renovation inside and out, seamlessly blending old-world charm with modern allure. With a new roof featuring solar technology, 3 garages, storage, and updated furnace and hot water heaters, this 5,286 SF building with 8 units is a true turnkey investment. The addition of onsite laundry, a gated patio with a fire pit, and inviting outdoor common areas enhances its appeal for residents. Zoned G-MU-3, this property embodies the essence of sophisticated urban living, making it an enticing prospect for multifamily investors seeking a unique, updated, strong performing, apartment asset. Attractive assumable debt at 3.34% interest-only and 8.44% cash-on-cash return. Can be purchased with 1568 Vine Street (6 units).
Features of 1266 N Lafayette Street
| MLS® # | 2126553 |
|---|---|
| Price | $2,300,000 |
| Bathrooms | 0.00 |
| Square Footage | 5,286 |
| Acres | 0.11 |
| Year Built | 1888 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1266 N Lafayette Street |
|---|---|
| City | Denver |
| County | Denver |
| State | CO |
| Zip Code | 80218 |
Amenities
| Parking Spaces | 3 |
|---|---|
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Roof | Solar Shingles |
|---|
Additional Information
| Date Listed | January 8th, 2025 |
|---|---|
| Zoning | G-MU-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Pinnacle Real Estate Advisors |
|---|