1537 North Fairfax Street
1537 North Fairfax Street
Open: 5/25 11:00AM - 02:00PM
Open: 5/25 11:00AM - 02:00PM
Description
Duplex Configuration: Comprises two well-appointed units, offering flexibility and multiple income opportunities. The upper unit features two bedrooms and one bathroom,...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.
- Listed by James Hund • eXp Realty, LLC • denverhomestoday@gmail.com
Property Details for 1537 North Fairfax Street
Open Houses
Location
Property Details for 1537 North Fairfax Street
| Status | Active |
|---|---|
| MLS # | 2789120 |
| Days on Compass | 19 |
| Taxes | $2,014 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1949 |
| Lot Size | 0.04 AC / 1,928 SF |
| County | Denver County |
Location
Building Information for 1537 North Fairfax Street
Payment Calculator
$3,824 per month
30 year fixed, 7.25% Interest
$3,656
$168
$0
Property Information for 1537 North Fairfax Street
- Building Area Total (SqFt Total): 1946
- Sqft Total: 1946
- Living Area (SqFt Finished): 1946
- Above Grade Finished Area: 973
- Living SqFt: 973
- Sq Ft Apx: 973
- Below Grade Unfinished Area: 0
- Area Source: Public Records
- PSF Total: 344
- PSF Above Grade: 689
- PSF Finished: 344
- Master on Main: No
- Entry Location: Courtyard
- Direction Faces: East
- Basement: Exterior Entry, Finished, Full, Walk-Out Access
- Basement Ceiling Height: 7'-8'
- Foundation Details: Concrete Perimeter, Structural
- Heating: Electric, Wall Furnace
- Cooling: Air Conditioning-Room
- Interior Features: Ceiling Fan(s), In-Law Floor Plan, Jack & Jill Bathroom, Jet Action Tub, Kitchen Island, Open Floorplan, Quartz Counters, Radon Mitigation System, Smoke Free
- Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
- Flooring: Carpet, Laminate, Tile
- Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater
- Laundry Features: In Unit
- Virtual Tour URL Unbranded: https://tours.oatisgreenphotography.com/e/t6V7bcP
- Pets Allowed: Yes
- Bedrooms Total: 3
- Bathrooms Total: 2
- Parking Features: Concrete, Dry Walled
- Attached Garage: No
- Parking Details: Less Than 1
- Parking Total: 1
- Garage Spaces: 1
- Offstreet Spaces: 0
- Parking Count: 1
- Carport Spaces: 0
- Reserved Spaces: 0
- RV Spaces: 0
- Association Fee Total Annual: $0
- Senior Community: No
- School Of Choice: Yes
- Elementary School: Park Hill
- Elementary School District: Denver 1
- Middle Or Junior School: McAuliffe International
- Middle Or Junior School District: Denver 1
- High School: East
- High School District: Denver 1
- Lot Size Acres: 0
- Lot Size Square Feet: 1928
- Lot Features: Level
- Zoning: U-TU-C
- Fencing: Full
- Property Exclusions: Personal Property
- Green Verification Count: 0
- Green Energy Efficient: Water Heater
- Out Building Count: 0
- Horse: No
- Construction Materials: Brick, Concrete
- Property Condition: Updated/Remodeled
- Roof: Composition
- Common Walls: End Unit, No One Above, No One Below
- Patio And Porch Features: Front Porch, Patio
- Livable Structure Count: 0
- Unit Count: 2
- Water Source: Public
- Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
- Sewer: Public Sewer
- Electric: 110V, 220 Volts
Schools near 1537 North Fairfax Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Charter - | 6 to 8 | |||
| Charter - | 6 to 8 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Park Hill School PublicPK to 5 | ||
DSST: Montview Middle School Charter6 to 8 | ||
DSST: Conservatory Green Middle School Charter6 to 8 | ||
McAuliffe International Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of eXp Realty, LLC, James Hund
Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
