$800,000
2,488
0.14 Acre Lot

1483 Detroit Street, Denver, Colorado 80206

  • Residential Income Property Type
  • 2,488 Square Footage
  • 1896 Year Built
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

Basic Details
Residential Income
For Sale
1581857
$800,000
2,488
1896
0.14 Acre
Active Under Contract
Quadplex
: Composition
Listing courtesy of
Required Properties LLC
Features
: Forced Air
: None
: Public Sewer
Address Map
Detroit
1483
Street
W105° 2' 44.3''
N39° 44' 23''
Neighborhood
Teller
Denver 1
East
Denver 1
Denver 1
Morey
Additional Information
2488
: Brick
4
: Two
Financial
6030.74
Listing Information
55047737
M7499
Cash,Conventional,Other
Pending
2025-02-14T22:14:16Z
REcolorado
: None
2024-12-12T18:44:59Z
Justin Brockman
Agent info
Harder Real Estate & Development
130 West 2nd St, Suite 1