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1483 Detroit St, Denver, CO 80206

$375,000
: 2,488
SqFt

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Sold Price: $375,000
List Price: $800,000
Closing Date: May 22, 2025
Type: Multifamily
Property Sub Type: Quadruplex
Status: CLOSED
MLS Number: 1581857
Sqft Total: 2,488
Year Built: 1896

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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

(303) 522-8226

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Additional Information

Lot Size Acres: 0.14
Lot Size Sq Ft: 6,098
Tax Amount: $6,030
Sewer: Public Sewer
Heating: Forced Air
Cooling: None
School District: Denver 1
Elementary School: Teller
Middle Or Junior School: Morey
High School: East