Primary on Main
Address
701 Galapago St, Denver, CO
Price
$ 1,050,000
Property Attributes
- MLS#6715532
- TypeSingle Family
- Listing Status Active
- CountyDENVER
- CityDenver
- AreaMetro Denver
- NeighborhoodElmwood Add
- Zip80204
- StyleVictorian
- Year Built1886
- Taxes$ 3832
- Price$ 1,050,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3198
- Lot Size0.08 Acres
Data Source:
Information and Real Estate Services (IRES)
Property Description
Rare opportunity in Lincoln Park! 701 Galapago St is a versatile multi-unit property on a coveted corner lot offering strong income potential with the flexibility to live in one unit while renting the others. With approximately 3,382 sq ft of living space on a 3,550 sq ft lot, this property is ideal for investors, landlords, house-hackers, or owner-occupants seeking built-in rental income in one of central Denver's most dynamic neighborhoods. Extensive capital improvements completed in 2022 include new outdoor siding and exterior paint, new windows, new vinyl and wood flooring, new carpet in bedrooms, new bathrooms, new stainless steel appliances, new interior paint, new drywall, and sewer replacement in the basement. Additional system upgrades include replaced furnaces and water heaters, providing enhanced efficiency, comfort, and reduced near-term maintenance. The property features three private-entry units with the following configuration: * 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 Financial highlights include gross annual income of $70,200, operating expenses of $11,873, and a 5.03% cap rate, offering immediate cash flow with long-term appreciation potential. Located minutes from Downtown Denver, the Santa Fe Art District, parks, restaurants, breweries, shopping, and public transit, this walkable location continues to see strong demand from both tenants and homeowners alike. Whether you are seeking a turnkey investment, planning to house-hack and offset your mortgage, or looking for a centrally located primary residence with income potential, this property delivers exceptional versatility, modern improvements, and long-term value in a rapidly evolving urban corridor.
| Elementary School | Middle School | High School |
|---|---|---|
| Dora Moore Elementary School | KIPP Sunshine Peak Academy Middle School | KIPP Denver Collegiate High School |
| Price History | |
|---|---|
| 9/14/2026 | Listed $1,050,000 |
General Features
| Living Area | 3198 |
|---|---|
| Sewer | Public Sewer |
| Heating | Forced Air |
| Cooling | Ceiling Fan(s) |
| Utilities | Electricity Available |
| Roof | Composition |
| Appliances | Dishwasher,Refrigerator,Disposal,Fire Alarm |
| Zoning | U-RH-3A |
| Garage Spaces | 3 |
| Architectural Style | Victorian |
| Construction Materials | Vinyl Siding,Wood Siding |
| Exclusions | Tenant Personal Property |
| Year Built | 1886 |
| Levels | Three Or More |
| Tax Year | 2024 |
| Accessibility | Level Lot |
| County | Denver |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Energy Efficient | Windows |
| Subdivision Name | Elmwood Add |
| Full Baths | 1 |
| Status | Active |
| High School | KIPP Denver Collegiate High School |
| City | Denver |
| High School District | Denver District 1 |
| MLS Area | Metro Denver |
| Elementary School | Dora Moore |
| Property Attached Y/N | Yes |
| Tax Annual Amount | 3832 |
| Middle/Junior High School | KIPP Sunshine Peak Academy |
| MLS Area Minor | Metro17/DSW |
| Standard Status | Active |
| Expected Active Date | 2026-09-14 |
| AttributionContact | [email protected],720-496-6821 |
Interior Features
| Basement | Partially Finished |
|---|---|
| Above Grade Finished Area | 2037 |
| 3/4 Baths | 3 |
| Total Bedrooms | 6 |
| LivingAreaSource | Appraiser |
| Total Baths | 4 |
Exterior Features
| Parking Features | Off Street |
|---|---|
| Lot Features | Level,Outbuildings |
| Water Source | City |
| Lot Size Area | 3350 |
| Lot Size Acres | 0.08 |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 80204
Price
Taxes
Year Built
Visits
Information deemed reliable but not guaranteed by the MLS. © 2026 Information and Real Estate Services, LLC.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES.
The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
The IRES, LLC Data on this
The real estate listing information and related content displayed on this site is provided exclusively for consumers� personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by elevateMLS.
