3027 Lawrence St
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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!
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 | Apartment Style | Single Family Home |
Price Per Unit | $424,950 | Building Class | C |
Sale Type | Investment | Lot Size | 0.07 AC |
Cap Rate | 5.63% | Building Size | 1,880 SF |
No. Units | 2 | No. Stories | 1 |
Property Type | Multifamily | Year Built | 1880 |
Property Subtype | Apartment | Parking Ratio | 1.06/1,000 SF |
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)
zoning
Zoning Code | G-RH-3 |
G-RH-3 |
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3027 Lawrence St
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