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3027 Lawrence St

2 Unit Apartment Building $849,900 ($424,950/Unit) 5.63% Cap Rate Denver, CO 80205

Executive Summary

LOCATION, LOCATION, LOCATION - Rare opportunity to own this Curtis Park duplex half a block to the most exciting and vibrant part of RINO which is Upper Larimer all the way from Denver Central Market to Fish & Beer and beyond. A true duplex that has two addresses and separate utilities for gas and electric. Beautiful front yard has covered patio and automatic sprinkler system.
FRONT / MAIN UNIT features beautifully remodeled kitchen with hickory cabinets, granite tile countertops, newer stainless appliances, recessed lighting, eating area and breakfast bar. Large laundry room with front load washer / dryer, lots of glass block windows for light with privacy, built-in entertainment center, French doors to 2nd bedroom and spacious walk-in closet in primary. Central air conditioning. Easy to rent or occupy $2600+
BACK UNIT is spacious with some nice updating. Always easy to rent, currently $1500 / mo but could go up. Kitchen has refrigerator, dishwasher, disposal, stove, built-in micro. Skylights, A/C unit. Newer electric service both units, newer furnace and central A/C front/main unit (2020), newer water heater (2020), newer exterior paint (2021), new main water line from meter to basement (2024). Very well maintained property. Two off street parking spaces!!! Beautiful neighborhood block on Lawrence St and walking distance to all that Larimer Street has to offer, Coors Field, Barcelona, Fish & Beer, Coffee Shops, Bars, South Platte River Trail, Downtown Denver, and more. Two blocks from Curtis Park! Could be amazing opportunity for AirB&B or owner occupied investment. AMAZING INCOME UPSIDE AND APPRECIATING POPULAR NEIGHBORHOOD!

Property Facts

Price $849,900
Price Per Unit $424,950
Sale Type Investment
Cap Rate 5.63%
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single Family Home
Building Class C
Lot Size 0.07 AC
Building Size 1,880 SF
No. Stories 1
Year Built 1880
Parking Ratio 1.06/1,000 SF

Unit Amenities

  • Air Conditioning
  • Ceiling Fans
  • Hardwood Floors
  • Vaulted Ceiling
  • High Speed Internet Access
  • Sprinkler System
  • Basement
  • Double Pane Windows
  • Lawn
  • Porch
  • Skylights
  • Smoke Free

Site Amenities

  • Fenced Lot
  • Gas Range
  • Smoke Free

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - 800
2+1 1 - 1,000
Walk Score ®
Walker's Paradise (93)
Bike Score ®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code G-RH-3
G-RH-3
  • Listing ID: 33353798

  • Date on Market: 9/30/2024

  • Last Updated:

  • Address: 3027 Lawrence St, Denver, CO 80205

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