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For Sale79 Days
$950,000

578 Galapago Street
Denver, CO 80204

Commercial For Sale
5,700 Sq. Ft.
0.21 Acre Lot
Keller Williams Realty Urban Elite

Description for 578 Galapago Street, Denver, CO 80204

INVESTOR SPECIAL! 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. Huge spread for experienced investors/developers. 4 Units are currently a shell, ready for permitting and construction. 4 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!

Property Details

Listing Details
For Sale
Commercial
Multi-Family
None
For Sale
REC6136569
$950,000
07/31/2024
5,700 Sqft
1908
Single Family
Seller and tenant personal property
REC38971N
Location Information
US
CO
Denver
Denver
80204
Galapago
578
Street
W105° 0' 14.2''
N39° 43' 31.8''
Yes
Garage/Parking
No
No
Exterior Features
No
No
Unknown
Brick,Block,Stucco
WaterFront and WaterAccess
No
Land Info
0.21 Acre
Corner Lot
Public
Nw
U-RH-2.5
5102-07-039
Monthly
Multi-family
Paved
Utilities
Public Sewer
HOA Info
2
Monthly
5
No
Rental Info
4110
Monthly
Tax Info
A E SUMNERS ADD B4 L1 TO 3 EXC BEG SE COR L3 BEG SE COR L3TH W 125.02FT N 23.75FT E 58.50FT S 2.25FT E 7.45FT N 5.33FTE 12.78FT S 8.58FT E 19.19FT N 2.50FT E 27.10FT S 20.75FT
$4,748
2023
Listing Information
Keller Williams Realty Urban Elite
Michelle Glass
RECKWRUE
Recolorado
$1,150,000
09/30/2024 15:25:16
Low Rise (1-3)
Public

Price History

Source: MLS
DateEventPriceSource
2024-09-30 16:24:08For Sale$950,000MLS
2024-07-31 18:00:15For Sale$1,150,000MLS
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Walk Score

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Walk Score

4

Bike Score

7

Transit Score

3

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