$375,000
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1483 Detroit ST Denver, CO 80206
2,488 SqFt
Key Details
Sold Price $375,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,488 sqft
Price per Sqft $150
Subdivision Congress Park
MLS Listing ID 1581857
Sold Date 05/22/25
HOA Y/N No
Abv Grd Liv Area 2,488
Year Built 1896
Annual Tax Amount $6,030
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Quadruplex
Source recolorado
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
Location
State CO
County Denver
Interior
Heating Forced Air
Cooling None
Fireplace N
Exterior
Garage Spaces 4.0
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Sewer Public Sewer
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Teller
Middle Schools Morey
High Schools East
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
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