Homes for sale - 1483 Detroit ST, Denver, CO 80206

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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$800,000

Est. payment - /mo

2,488 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,488 sqft

Price per Sqft $321

Subdivision Congress Park

MLS Listing ID 1581857

HOA Y/N No

Abv Grd Liv Area 2,488

Originating Board recolorado

Year Built 1896

Annual Tax Amount $6,030

Tax Year 2023

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Quadplex

Property 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

Location

State CO

County Denver

Interior

Heating Forced Air

Cooling None

Fireplace N

Exterior

Garage Spaces 4.0

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Teller

Middle Schools Morey

High Schools East

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

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Listed by Required Properties LLC • team@rprops.com,952-201-5676

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

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