Off-Market Condo at 3249 W Fairview Pl, Denver, CO 80211

3249 W Fairview Pl, Denver, CO 80211

Unit - #207

$520,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $102 per day and long-term for an average of $2,619 per month, based on similar listings in the area. Estimated short-term cap rate of -2.3%. Estimated long-term cap rate of -1.8%. Situated in the heart of Highland Park, this charming two story residence blends historic character with modern updates. Sunlight pours into the open main living area, where exposed brick, newly painted crisp white walls and an accent wall create an inviting ambiance. Abundant windows throughout inspire a luminous atmosphere. The condo was recently renovated with the help of award-winning Denver interior design firm, Inside Stories. The stylish kitchen features all-white cabinetry, stainless steel appliances, a tiled backsplash and a peninsula with seating, seamlessly connecting to the sun-filled dining area. A half bath with a modern vanity is an added convenience. Escape to the private balcony for a breath of fresh air or enjoy the shared raised patio. Upstairs, the expansive primary suite offers a tranquil retreat with a cozy seating area, a large walk-in closet, newer carpet, a laundry area with a washer and dryer set and an en-suite bath complete with a classic clawfoot tub. The building offers a large, fenced-in, dog-friendly grass space and is tucked away on a quiet, one-way street just one block from Highland Park. With a prime location just moments from Highland Square and LoHi, this home offers effortless access to some of the city’s best dining, shopping and entertainment.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$478
Rental Policy
daily
Yearly Taxes
$1854
Bedrooms
1
Bathrooms
2
SQFT
1,144
Furnished
N/A
Year built
1996
Listing Status
Off Market
MLS
4148666

Short-term Rental Potential
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$28,896

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$454

Price/SQFT

Long-term Rental Potential
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$31,428

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,619/mo

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