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$670,000
14 Days Online

1537 N Fairfax Street
Denver, CO80220

For Sale|Multi-Family|Active
Subdivision:
South Park Hill
County:
Denver

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Sat, May 18 5 PM - 9 PM UTC
Sat, May 25 5 PM - 8 PM UTC
1537 N Fairfax Street1537 N Fairfax Street1537 N Fairfax Street1537 N Fairfax Street
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Welcome to 1537 N Fairfax Street, a meticulously renovated duplex situated in the vibrant South Park Hill neighborhood, offering an outstanding investment opportunity. This property presents a compelling acquisition for savvy investors seeking a reliable income stream and excellent capital appreciation potential. Property Highlights: Duplex Configuration: Comprises two well-appointed units, offering flexibility and multiple income opportunities. The upper unit features two bedrooms and one bathroom, while the lower unit includes one bedroom and one bathroom, perfect for a variety of tenant demographics. Strong Rental Projections: Anticipated monthly rental income is a robust $4, 010, reflecting competitive market rates and enhancing yield prospects. Extensive Renovations: Recently completed high-end renovations ensure low maintenance costs and appeal to high-quality tenants. Improvements include new roofing, modern furnaces, updated kitchens, contemporary flooring, and new hot water heaters. Strategic Location: Nestled in an area known for its strong rental demand, 1537 N Fairfax offers proximity to downtown Denver, local parks, and essential amenities, boosting tenant appeal. Investment Ready: The property comes with a U-TU-C zoning classification, supporting residential income potential and ensuring a straightforward ownership experience. Additional Features: Each unit includes access to shared outdoor spaces and private entries, enhancing livability and tenant satisfaction. Investment Benefits: High Tenant Demand: Located in a high-demand rental area with a Walk Score of 79, ensuring ongoing occupancy and minimizing vacancy risks. Turnkey Operation: As a fully renovated property, investors can start generating income immediately without initial capital outlays for repairs or upgrades. Market Positioning: Priced competitively to align with market valuations, providing an attractive price-point for long-term investment.

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Listing Snapshot
Price 
$670,000
Days Online 
14 Days
Bedrooms 
3
Inside Area (SqFt) 
1,946 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.04 Acres
Year Built 
1949
MLS® Number 
2789120
Status 
Active
Property Tax 
$2,014
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 weeks agoListing first seen online
General Features
Style 
Mid- Century Modern
Construction 
BrickConcrete
Parking 
ConcreteDry Walled
Parking Spaces 
1
Sewer 
Public Sewer
Electric 
220 Volts
Basement 
Exterior EntryFinishedFullWalk- Out Access
Number of Stories 
1
Acreage 
0.04
Water 
Public
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Green Energy Efficient 
Water Heater
Property Sub Type 
Duplex
Garage Spaces 
1
Attached Garage 
No
Utilities 
Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas Connected
Foundation 
Concrete Perimeter
Zoning 
U-TU-C
Property Condition 
Updated/ Remodeled
Direction Faces 
East
Interior Features
Cooling 
Air Conditioning- Room
Heating 
ElectricWall Furnace
Appliances 
DishwasherDisposalGas Water HeaterMicrowaveOvenRangeRange HoodRefrigeratorSelf Cleaning OvenTankless Water Heater
Flooring 
CarpetLaminateTile
Interior 
Ceiling Fan(s)In-Law Floor PlanJack & Jill BathroomJet Action TubKitchen IslandOpen FloorplanQuartz CountersRadon Mitigation SystemSmoke Free
Laundry Features 
In Unit
Fireplace 
No
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Exterior Features
Roof 
Composition
Fencing 
Full
Spa 
No
Waterfront Property 
No
Lot 
Level
Patio And Porch 
Front PorchPatio
Community Features
Pets 
Yes
Senior Community 
No
Security Features 
Carbon Monoxide Detector(s)Smoke Detector(s)
Schools
School District
Denver 1
Elementary School
Park Hill
Middle School
McAuliffe International
High School
East
Listing courtesy of eXp Realty, LLC 888-440-2724



The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO real estate listings held by brokers other than eXp Realty, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Neighborhood & Commute
Source: Walkscore
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