578 Galapago Street

Denver, CO 80204

$950,000
Price
Beds
6,000 Sq. Ft.
$158 / Sq. Ft.
6,000
Sq. Ft.
$158
per Sq. Ft.

Description

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...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!
  1. Listed by Michelle Glass • Keller Williams Realty Urban Elite • MichelleDirect@kw.com

Property Details for 578 Galapago Street

Structure Type
Quadruplex
Levels
Two
Stories
2
Subdivision Name
Baker
Association
No
Basement
Yes
LISTING UPDATED: 08/29/2024 06:08 PM

Property Details for 578 Galapago Street

StatusActive
MLS #4148560
Days on Compass17
Taxes$4,748 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1908
Lot Size0.21 AC / 9,148 SF
CountyDenver County

Building Information for 578 Galapago Street

Stories-Residences-Year Built1908Building Size-Lot Size0.21 AC / 9,148 SF

Property Information for 578 Galapago Street

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 6000
  • Sqft Total: 6000
  • Living Area (SqFt Finished): 5700
  • Above Grade Finished Area: 5700
  • Living SqFt: 5700
  • Sq Ft Apx: 0
  • Below Grade Unfinished Area: 300
  • Area Source: Public Records
  • PSF Total: 158
  • PSF Above Grade: 167
  • PSF Finished: 167
  • Master on Main: No
  • Basement: Unfinished
  • Heating: Forced Air
  • Cooling: Air Conditioning-Room
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 9
Parking
Parking
  • Attached Garage: No
  • Parking Type: None
  • Parking Description: None-0
  • Parking Details: 0
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 0
  • Parking Count: 0
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • School Of Choice: Yes
  • Elementary School: DCIS at Fairmont
  • Elementary School District: Denver 1
  • Middle Or Junior School: Girls Athletic Leadership School
  • Middle Or Junior School District: Denver 1
  • High School: West
  • High School District: Denver 1
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 9148
  • Lot Features: Corner Lot, Level
  • Zoning: U-RH-2.5
  • Property Exclusions: Seller and tenant personal property
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Block, Brick, Stucco
  • Property Condition: Updated/Remodeled
  • Roof: Rolled/Hot Mop
  • Common Walls: End Unit
  • Livable Structure Count: 0
  • Unit Count: 5
Water & Utilities
Water & Utilities
  • Water Source: City Sewer, Public Sewer
  • Sewer: Public Sewer

Property History for 578 Galapago Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 578 Galapago Street

Taxable ValueLand$33,690Additions$27,580Total$61,270
Tax Record2023$4,748 ($396 / month)
Home Facts
Stories2Lot Size6,254 SqFtStyleMulti-Family Res (5+ Units)Year Built1908ZoningURHCountyDENVERAPN05102-07-039-000

Schools near 578 Galapago Street

This home is within Denver County 1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - 5 to 8
Public - 6 to 8
Charter - 6 to 8
Rating
School
Distance
Kipp Sunshine Peak Academy
Charter5 to 8

Kepner Beacon Middle School
Public6 to 8

Compass Academy
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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578 Galapago Street is a multi-family home for sale in Denver, CO 80204. This property was listed for sale on August 29, 2024 by Keller Williams Realty Urban Elite, it's currently listed at $950,000. It has been on the market for a total of 17 days and was last sold on January 12, 2022. This listing's school district is Denver County 1 School District. Nearby schools include Denver Center For International Studies At Fairmont, Kipp Sunshine Peak Academy and Kepner Beacon Middle School. 578 Galapago Street is a 0-bed, 0-bath, 6,000 sqft multi-family home built in 1908.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Urban Elite, Michelle Glass

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.