1537 N Fairfax Street
Denver, CO 80220
- 3 beds
- 2 baths
- 1,946 sqft
- 1,928 sqft lot
- $344 per sqft
- 1949 build
- – on site
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated May 3, 2024
•
MLS# 2789120 —
This property is listed in more than one place. See it here.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.