701 Galapago St

Denver CO 80204

MLS#: 4745067

$1,090,000

 

Discover a wonderful opportunity to own a fully renovated historic multi-unit property in one of Denver’s most vibrant and rapidly growing neighborhoods. Situated on a coveted corner lot, this property offers multiple private-entry units. Blends of modern finishes with historic charm. Inside, spacious living areas with vaulted ceilings create an open and inviting atmosphere. Ideally located near Downtown Denver, the Santa Fe Art District, and Lincoln Park, the property is surrounded by restaurants, shopping, breweries, museums, and nightlife, making it a highly desirable location. Whether you are an investor looking for strong rental income potential or searching for a versatile owner occupied income property, this is a rare opportunity in an unbeatable location.

    • 12 bed / 6 bath

    • Building Area Total (SqFt Total): 3,382

      Above Grade Finished Area: 2,169

      Below Grade Total Area: 1,213

    • Built 1886 - Remodeled 2022

    • Forced Heat

      • Two furnaces; located in the basement and on the 2nd Floor

      • New upstairs furance 2024

      • Basement furnace

    • No Central AC

    • Two Water Boilers

      • New 2025

    • Zoning U-RH-3A

    • Street Parking

  • Cap Rate 5.03

    Gross Income : $70,200

    Operating Expenses : $11,873

    Unit A [ Ground Level ] 3 bed 2 bath

    Rent $2,150

    Unit B [ Second Level ] 2 bed 1 bath

    Rent $2,000

    Unit C [ Basement Level ] 2 bed 1 bath

    Rent $1,700

  • New Outdoor Siding & Paint

    New Windows

    New Vinyl & Wood Flooring

    New Carpet in Bedrooms

    New Bathrooms

    New Stainless Steel Appliances

    Sewer Replacement in Basement

    New Indoor Paint

    New Drywall

Video
Due Dilligence
A blue two-story house with white trim and a small front porch, located between two other buildings. The house has a black fence and a small landscaped area with a bush in front.

A blue two-story house with white trim and a small front porch, located between two other buildings. The house has a black fence and a small landscaped area with a bush in front.

A two-story house with dark gray siding, a gabled roof, and white trim. The front yard has a white picket fence, a small garden with sunflowers, and a paved walkway leading to the front door. String lights are hanging above the yard, and there is a l

A two-story house with dark gray siding, a gabled roof, and white trim. The front yard has a white picket fence, a small garden with sunflowers, and a paved walkway leading to the front door. String lights are hanging above the yard, and there is a large tree on the left side.

Front porch of a house with dark gray siding, white door with decorative glass, potted plants, and sunflowers, with a concrete walkway and steps leading up to the door.

Front porch of a house with dark gray siding, white door with decorative glass, potted plants, and sunflowers, with a concrete walkway and steps leading up to the door.

Unit A [ Main Level ] Living Room

Unit A [ Main Level ] Living Room

Unit A [ Main Level ] Dining Room

Unit A [ Main Level ] Dining Room

Unit A [ Main Level ] Kitchen

Unit A [ Main Level ] Kitchen

Modern kitchen with black lower cabinets, white upper cabinets, stainless steel appliances, wooden shelves, and a wood floor. There is a window above the sink, and various kitchen items are on the counters.

Modern kitchen with black lower cabinets, white upper cabinets, stainless steel appliances, wooden shelves, and a wood floor. There is a window above the sink, and various kitchen items are on the counters.

Unit A [ Main Level ] Master Bedroom

Unit A [ Main Level ] Master Bedroom

Unit A [ Main Level ] Bathroom 1

Unit A [ Main Level ] Bathroom 1

Unit A [ Main Level ] Bathroom 1

Unit A [ Main Level ] Bathroom 1

Unit A [ Main Level ] Second Bedroom

Unit A [ Main Level ] Second Bedroom

Unit A [ Main Level ] Second Bathroom

Unit A [ Main Level ] Second Bathroom

Unit A [ Main Level ] Second Bathroom

Unit A [ Main Level ] Second Bathroom

Unit B [ Second Level ]

Unit B [ Second Level ]

Indoor staircase with gray carpet, white walls, and a white handrail on the right side. A window at the top lets in natural light.

Indoor staircase with gray carpet, white walls, and a white handrail on the right side. A window at the top lets in natural light.

Unit B [ Second Level ] Kitchen

Unit B [ Second Level ] Kitchen

Unit B [ Second Level ] Kitchen

Unit B [ Second Level ] Kitchen

Unit B [ Second Level ] Kitchen

Unit B [ Second Level ] Kitchen

Unit B [ Second Level ] Bedroom / Office

Unit B [ Second Level ] Bedroom / Office

Unit B [ Second Level ] Living Room

Unit B [ Second Level ] Living Room

A small home office setup under a sloped ceiling, featuring a black desk with a computer monitor, a black ergonomic office chair, and two potted plants on a shelf and wall. There is a small gray rug under the chair, and a white air purifier to the le

A small home office setup under a sloped ceiling, featuring a black desk with a computer monitor, a black ergonomic office chair, and two potted plants on a shelf and wall. There is a small gray rug under the chair, and a white air purifier to the left. To the right, a black tower fan and a bookshelf with books and decorations.

Living room with a black bookshelf decorated with a plant on top, a black TV on the wall, a black table with a potted plant, and a pet crate with food and water bowls in the background.

Living room with a black bookshelf decorated with a plant on top, a black TV on the wall, a black table with a potted plant, and a pet crate with food and water bowls in the background.

Unit B [ Second Level ] Mud Room - Second Access

Unit B [ Second Level ] Mud Room - Second Access

Unit B [ Second Level ] Bedroom 2

Unit B [ Second Level ] Bedroom 2

Unit B [ Second Level ] Bathroom

Unit B [ Second Level ] Bathroom

Unit B [ Second Level ] Second Access Door

Unit B [ Second Level ] Second Access Door

Unit C [ Basement ]

Unit C [ Basement ]

A hallway leading into a kitchen area with a stove and countertop, with a rug on the wooden floor and a white wall on the right side with a vertical blind window shade, and a red and white warning sign on the wall.

A hallway leading into a kitchen area with a stove and countertop, with a rug on the wooden floor and a white wall on the right side with a vertical blind window shade, and a red and white warning sign on the wall.

A messy bedroom with a bed, wall art, fairy lights, a dresser, a fan, shoes, and various decorative items.

A messy bedroom with a bed, wall art, fairy lights, a dresser, a fan, shoes, and various decorative items.

A cozy bedroom with white walls, a bed with black and white checkered pillows and a yellow blanket, and wall decorations including a pink heart saying 'DUMP HIM' and various pictures. There are light-colored curtains covering the window, a large mirr

A cozy bedroom with white walls, a bed with black and white checkered pillows and a yellow blanket, and wall decorations including a pink heart saying 'DUMP HIM' and various pictures. There are light-colored curtains covering the window, a large mirror on the wall, and an open closet with clothes and shoes. Carpeted flooring and a doorway leading to another room are visible.

A bedroom with a bed, an open closet with clothes, a window with plants and books, and various decorative items.

A bedroom with a bed, an open closet with clothes, a window with plants and books, and various decorative items.

A kitchen with white cabinets, a gray refrigerator with magnets, a stove with a lemon-themed towel, and a black microwave. There is a shelf with food on the left, a window and door at the back, and a careful decoration with a garland on a column in t

A kitchen with white cabinets, a gray refrigerator with magnets, a stove with a lemon-themed towel, and a black microwave. There is a shelf with food on the left, a window and door at the back, and a careful decoration with a garland on a column in the center.

A kitchen with white cabinets, a black rack with snack bags, a wooden shelf, and various kitchen appliances on the counter. There is a window in the ceiling and a green plant draped over the corner.

A kitchen with white cabinets, a black rack with snack bags, a wooden shelf, and various kitchen appliances on the counter. There is a window in the ceiling and a green plant draped over the corner.

A hallway in a house with white walls and light wood flooring. There is a small sitting area with a black chair and a yellow blanket. A poster of Pink Floyd and another wall art are visible. Green vine decorations hang from the ceiling. Part of a kit

A hallway in a house with white walls and light wood flooring. There is a small sitting area with a black chair and a yellow blanket. A poster of Pink Floyd and another wall art are visible. Green vine decorations hang from the ceiling. Part of a kitchen or dining area with black barstools and a small round table is on the left side.

A cozy living room with a gray couch decorated with yellow, white, and pink pillows, a wooden side table, a globe, a tall floor lamp, and artwork on the wall. There's a small workspace with a desk and chair, and decorative string lights hanging from

A cozy living room with a gray couch decorated with yellow, white, and pink pillows, a wooden side table, a globe, a tall floor lamp, and artwork on the wall. There's a small workspace with a desk and chair, and decorative string lights hanging from white partition walls.

A bathroom vanity with a rectangular mirror, a white sink, a black faucet, and various toiletries. The mirror reflects a window with orange curtains and a colorful artwork on the wall.

A bathroom vanity with a rectangular mirror, a white sink, a black faucet, and various toiletries. The mirror reflects a window with orange curtains and a colorful artwork on the wall.

An empty white tiled shower with a black overhead showerhead and a black shower control handle. A metal caddy hanging from the showerhead holds bottles of shampoo, conditioner, and body wash.

An empty white tiled shower with a black overhead showerhead and a black shower control handle. A metal caddy hanging from the showerhead holds bottles of shampoo, conditioner, and body wash.