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701 Galapago Street, 
Denver, CO 80204

$1,050,000


6

Beds


4

Baths


3,198

Sq Ft


Single Family

Active

Listed by

Nikolina Jugovic

Compass - Denver

MLS#

2914933

Source:

ML

About This Home

701 Galapago Street

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.

Home Facts

Single Family

4 Baths

6 Bedrooms

Built in 1886

Price Summary

1,050,000

$328 per Sq. Ft.

MLS #:

2914933


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

1

Interior

Living Area:

3,198 Sq. Ft.


Structure

Structure

Architectural Style:

Victorian

Building Area:

3,198 Sq. Ft.

Year Built:

1886


Lot

Lot Size (Sq. Ft):

3,350


Finances & Disclosures

Finances

Price:

$1,050,000

Price per Sq. Ft:

$328 per Sq. Ft.

MLS Logo
Based on information submitted to the MLS GRID as of May 23, 2026 02:21 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.