578 Galapago Street
$950,000
—
6,000
6,000
$158
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!
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!
- Listed by Michelle Glass • Keller Williams Realty Urban Elite • MichelleDirect@kw.com
Property Details for 578 Galapago Street
Structure Type
Quadruplex
LevelsTwo
Stories2
Subdivision NameBaker
AssociationNo
BasementYes
LISTING UPDATED: 08/29/2024 06:08 PM
Property Details for 578 Galapago Street
Status | Active |
---|---|
MLS # | 4148560 |
Days on Compass | 17 |
Taxes | $4,748 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1908 |
Lot Size | 0.21 AC / 9,148 SF |
County | Denver 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
Property History for 578 Galapago Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 |
---|---|---|
Denver Center For International Studies At Fairmont PublicPK to 5 | ||
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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