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Buy a houseat 1244 Stuart St, Denver, CO 80204

$1,050,000

$1,150,000 (-8.7%)

$0/mo

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Residential

3,328 Sq. Ft.

9,558 Sq. Ft. lot

8 Bedrooms

4 Bathrooms

342 Days on market

9126680 MLS ID

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About 1244 Stuart St house

Fully rented four-plex generating $6,000 per month, with permitted palns for a 13-unit condo developement in one of Denver's hotest neighborhoods. The property is just 200 feet from the Perry Street Light Rail stop and the W Line running from Downtown Denver to Golden. It's also adjacent to the Lakewood Drygulch Park and recreation path. The building and each of the four existing units was recently remodeled with a new roof, new carpeting and tile, cabinets, countertops, some appliances, freshly painted, sewer line cleaned and boiler serviced. All tenants on a one-year lease. You also have the option of building a beautifull 13-unit condominium building. The plans are fully permitted by the City. Plans include four 2-bed/2bath units, nine 1-bed/1-bath units, and 13 covered parking spaces. Each unit includes its own private outdoor space. Lots of versatility: Rent the entire building, sell part and keep part, or sell the entire thing. You can also sell/lease the parking spaces separate from the apartments. This project was approved prior to the City's affordable housing regulations. This is a great investment as a rental or redevelopemnt project.
Fully rented four-plex generating $6,000 per month, with permitted palns for a 13-unit condo developement in one of Denver's hotest neighborhoods. The property is just 200 feet from the Perry Street Light Rail stop and the W Line running from Downtown Denver to Golden. It's also adjacent to the Lakewood Drygulch Park and recreation path. The building and each of the four existing units was recently remodeled with a new roof, new carpeting and tile, cabinets, countertops, some appliances, freshly painted, sewer line cleaned and boiler serviced. All tenants on a one-year lease. You also have the option of building a beautifull 13-unit condominium building. The plans are fully permitted by the City. Plans include four 2-bed/2bath units, nine 1-bed/1-bath units, and 13 covered parking spaces. Each unit includes its own private outdoor space. Lots of versatility: Rent the entire building, sell part and keep part, or sell the entire thing. You can also sell/lease the parking spaces separate from the apartments. This project was approved prior to the City's affordable housing regulations. This is a great investment as a rental or redevelopemnt project.

Property details

House

Above Grade Finished Area: 3328

Architectural Style: "Contemporary/Modern"

Building Area Total: 3328

Construction Materials: "Wood/Frame", "Brick/Brick Veneer"

Total Sq Ft: 3500

Levels: "Two"

Living Area: 3328

Living Area Source: Assessor

Living Area Units: Square Feet

Stories: 2

Year Built: 1978

Appliances and Equipment

Appliances: "Dishwasher", "Refrigerator"

Bathrooms

Bathrooms Full: 4

Bathrooms Total Integer: 4

Bedrooms

Bedrooms Total: 8

Room Bedroom Area: 144

Room Bedroom Length: 12

Room Bedroom Level: Main

Room Bedroom Width: 12

Location

City: Denver

Country: US

County Or Parish: Denver

Locale: Denver

Latitude: 39.735668

Longitude: -105.042656

MLS Area Major: Metro Denver

Postal Code: 80204

State Or Province: CO

Street Name: Stuart

Street Number: 1244

Street Suffix: St

Subdivision Name: West Colfax

Unparsed Address: 1244 Stuart St Denver CO 80204

Garage

Covered Spaces: 8

Garage Spaces: 8

Garage YN: t

Garage Type: Off Street

Utilities

Electric: "Electric"

Utilities: "Electricity Available", "Cable Available"

Schools

Elementary School: Colfax

High School: North

High School District: Denver 1

Middle Or Junior School: Strive Lake

Exterior Features

Exterior Features: "Private Yard"

Fence

Fencing: "Partial"

Heating

Heating: "Hot Water", "Baseboard"

Heating YN: t

Property

Crops: None

Property Attached YN: t

Property Condition: "Not New, Previously Owned"

Property Sub Type: Attached Dwelling

Property Type: Attached Dwelling

Road Surface Type: "Paved"

Taxes

Has Metro Tax District: No

Tax Annual Amount: 3816

Tax Year: 2022

Water

Has Water Rights: No

Water Source: "City Water"

Listing

Listing Id: 9126680

Listing Terms: "Cash", "Conventional"

List Price: 1050000

Mls Status: Active

Special Listing Conditions: "Other Owner"

Standard Status: Active

Lot

Lot Features: "Gutters"

Lot Size Acres: 0.22

Lot Size Area: 9558

Lot Size Square Feet: 9558

Lot Size Units: Square Feet

Second Bedroom

Room Bedroom 2 Area: 144

Room Bedroom 2 Length: 12

Room Bedroom 2 Level: Upper

Room Bedroom 2 Width: 12

Third Bedroom

Room Bedroom 3 Area: 144

Room Bedroom 3 Length: 12

Room Bedroom 3 Level: Upper

Room Bedroom 3 Width: 12

Fourth Bedroom

Room Bedroom 4 Area: 144

Room Bedroom 4 Length: 12

Room Bedroom 4 Level: Main

Room Bedroom 4 Width: 12

Fifth Bedroom

Room Bedroom 5 Area: 144

Room Bedroom 5 Length: 12

Room Bedroom 5 Level: Main

Room Bedroom 5 Width: 12

Kitchen

Room Kitchen Area: 128

Room Kitchen Length: 8

Room Kitchen Level: Upper

Room Kitchen Width: 16

Living Room

Room Living Room Area: 224

Room Living Room Length: 16

Room Living Room Level: Main

Room Living Room Width: 14

Primary Bedroom

Room Master Bedroom Area: 144

Room Master Bedroom Length: 12

Room Master Bedroom Level: Upper

Windows

Window Features: "Double Pane Windows"

Monthly cost

Estimated monthly cost

$6,472/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Mar 10, 2017

Price

$689,431

Date

Dec 23, 2016

Price

$600,000

Date

Jul 1, 1977

Price

$37,000

DatePrice
Mar 10, 2017$689,431
Dec 23, 2016$600,000
Jul 1, 1977$37,000

Schools

This home is within the Denver Public Schools No. 1.

Denver & Lakewood enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$987,000

+$31,500

$1,018,500

Seller agent commission$31,500 (3%)*

$0 (0%)

Buyer agent commission$31,500 (3%)*

$31,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $31,500 more selling your home
with a Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:37 p.m.

Data updated: May 15, 2023 at 6:47 p.m.

Courtesy of Stephen Titus, RE/MAX ALLIANCE {attribution_contact}
This content last updated on 05/15/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Provided for limited non-commercial use only under IRES Rules. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © IRES 2024. All Rights Reserved.

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