1483 Detroit Street, Denver, CO 80206

$375,000
2,488
SqFt

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Courtesy of Required Properties LLC . team@rprops.com,952-201-5676

Selling Office: Required Properties LLC.

Sold Price
$375,000
List Price
$800,000
Closing Date
May 22, 2025
Type
Multifamily
Status
CLOSED
MLS Number
1581857
Finished Sqft
2,488
Above Grade Sqft
2488
Total Sqft
2488
Subdivision
Congress Park
Sub-Area
Congress Park
Year Built
1896

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

Additional Information

School District
Denver 1
Elementary School
Teller
Middle School
Morey
High School
East
Garage Spaces
4
Parking Spaces
4
Lot Size
6,098
Acres
0.14
Taxes
$6,030
Tax Year
2023

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