Map of Property

1266 Lafayette Street

For Sale

1266 Lafayette Street, Denver, CO 80218

This Denver property for sale is located at 1266 Lafayette Street. The current listed sale price for 1266 Lafayette Street is $2,400,000. 1266 Lafayette Street is situated on a lot that is 0.11 acre in size.

Contacts

broker
Robert Lawson

Pinnacle Real Estate Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 5,286 SF
  • Units 8
  • Lot Size 0.11 Acre
  • Additional Rent Contact for pricing
  • Year Built 1888
  • Date Updated Jan 9, 2025
Embrace the allure of Cheesman Park! Nestled within the vicinity of this historic neighborhood, the property offers proximity to the enchanting Cheesman Park market—an idyllic destination for multifamily and low-rise/garden apartment dwellers. Immerse yourself in the vibrant atmosphere and peruse an array of artisanal goods, delectable treats, and local crafts. Indulge in leisurely picnics or leisurely strolls through the park's lush, tree-lined paths. Nearby, discover the Denver Botanic Gardens, renowned for its stunning horticultural displays and educational programs. With an abundance of green space, cultural attractions, and a lively community atmosphere, the area creates an inviting and picturesque setting for residents to enjoy.Chicly modernized beautiful 8-unit multifamily investment property ideally located in the esteemed Cheesman Park submarket with strong rental income and assumeable interest-only debt at 3.43%! The property glows with a fully custom contemporary renovation inside and out, seamlessly blending old-world charm with modern allure. With a new roof featuring solar technology, 3 garages, storage, and updated furnace and hot water heaters, this 5,286 SF building with 8 units offers a turnkey investment. The addition of onsite laundry, a gated patio with a fire pit, and inviting outdoor common areas enhances its appeal for residents. Zoned G-MU-3, this property embodies the essence of sophisticated urban living, making it an enticing prospect for multifamily investors seeking a unique, updated, strong-performing, apartment asset.
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Highlights

  • Attractive assumable debt at 3.34% interest-only and 7.76% cash-on-cash return
  • Can be purchased with 1568 Vine Street (6 units) as a portfolio
  • Very well-maintained, recently updated 5,286 SF building with 8 units
  • Built in 1888, blending historic charm with modern appeal
  • Zoned G-MU-3 for versatile investment potential
  • Prime location in the desirable Cheesman Park area
  • Full custom contemporary renovation inside and out
  • New roof with solar technology for energy efficiency
  • 3 garages and additional storage space
  • Upgraded furnace and hot water heaters
  • Onsite laundry facilities for resident convenience
  • Gated patio with fire pit and outdoor common areas
  • Inviting spaces for resident entertainment and relaxation

Getting around

  • 90/100

    Walk Score ®

  • 55/100

    Transit Score ®

  • 96/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Denver, CO
  • Neighborhood Cheesman Park
  • Zip Code 80218
  • Market Denver

Points of Interest

  • 10th & Osage

    1.90 miles

  • Union Station Light Rail Plaza

    2.18 miles

  • Bakken Motorcars

    6.26 miles

  • Commerce City & 72nd

    6.39 miles

  • Olde Town Arvada

    7.27 miles

  • Conoco

    0.34 miles

  • 7-Eleven

    0.51 miles

  • Phillips 66

    1.63 miles

  • Sinclair

    1.65 miles

  • Chestnut Public Parking Lot

    2.09 miles

  • EVgo

    2.51 miles

  • Electrify America

    2.73 miles

  • ChargePoint

    2.83 miles

  • SemaCharge

    3.38 miles

  • eVgo

    4.06 miles

  • 1430 Humboldt Apartments Parking lot

    0.18 miles

  • Our Savior's Lutheran Church Parking

    0.52 miles

  • Business Parking

    0.63 miles

  • The Avenue Grille Parking Only

    0.65 miles

  • Underground Parking

    0.65 miles

  • K Parking Garage

    0.66 miles

  • Denver Botanic Gardens Parking Garage

    0.66 miles

  • Humboldt Garage

    0.70 miles

  • Funeral Parking

    0.70 miles

  • East High School Parking Lot

    0.76 miles

  • Days Inn Denver Downtown

    0.37 miles

  • Newhouse Hotel

    0.72 miles

  • The Cambridge

    0.82 miles

  • Ember Hostel

    0.84 miles

  • 11th Avenue Hotel and Hostel

    0.91 miles

  • the Art Hotel

    0.92 miles

  • Hampton

    1.01 miles

  • The Brown Palace Hotel and Spa, Autograph Collection

    1.06 miles

  • Sheraton Denver Downtown Hotel

    1.10 miles

  • Holiday Inn Express Denver Downtown

    1.11 miles

  • Ideal

    0.35 miles

  • Whole Foods Market

    0.36 miles

  • King Soopers

    0.40 miles

  • Natural Grocers

    0.50 miles

  • Marczyk Fine Foods

    0.61 miles

  • Safeway

    0.80 miles

  • Trader Joe's

    0.93 miles

  • Complete Nutrition Vitamin & Supplements

    1.21 miles

  • Target

    1.29 miles

  • TJ Maxx

    1.33 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Robert Lawson

Pinnacle Real Estate Advisors