3238 N Madison St, Denver, CO 80205 – 5167112 - Jim Thomas

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Jim Thomas

jim@thomasratay.com +1(720) 317-9621

$599,000

Est. payment - /mo

3 Beds

2 Baths

1,420 SqFt

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UPDATED:

11/16/2024 09:56 PM

Key Details

Property Type Single Family Home

Sub Type Residential-Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,420 sqft

Subdivision Clayton

MLS Listing ID 5167112

Style Contemporary/Modern

Bedrooms 3

Full Baths 2

HOA Y/N false

Abv Grd Liv Area 1,420

Originating Board REcolorado

Year Built 1945

Annual Tax Amount $3,834

Lot Size 7,405 Sqft

Acres 0.17

Property Description

Don't miss this rare opportunity to own a property with significant income potential. Welcome to 3238-3240 Madison Street, a charming mid-century styled brick duplex in the heart of Denver. This listing offers an exceptional investment opportunity for first-time buyers and seasoned investors alike. The upstairs 2-bedroom, 1-bathroom unit is move-in ready, boasting recent renovations including newer double-pane windows, fresh paint, modern lighting, an updated bathroom, newer appliances, and a thoughtfully designed layout. The garden-level 1-bedroom, 1-bathroom unit is currently leased for $1,500 per month until February 2025 and has its own private entrance. Both units share a convenient laundry/utility room in the basement, complete with washer and dryer, and offer additional storage space. Recent property improvements include a recoated roof (2024), a brand-new water heater, and a new central air conditioning system. The sewer line has been updated to PVC. Step outside into your spacious backyard on this nearly 8,000 square foot lot, where the possibilities are endless. Expand your living space, build a garage or ADU(s), or create your own private oasis with gardening and entertaining areas. The large shed provides ample storage for tools and toys, and the fenced yard offers a secure haven for pets. With alley access, you can park up to 6 vehicles, including large RVs and boats. Located in the historic Clayton neighborhood, this property is close to highways, coffee shops, parks, restaurants, and the City Park Golf Course. Don't miss this rare opportunity to own a property with immense potential at a price below $600,000.
Utilize this income property to offset your mortgage payment or potentially live rent-free. Financing incentives are available. Contact listing agent Bobby Reginelli for more details.
Open House: Saturday, November 16th, 11:00 AM - 12:00 PM. Schedule your showing today!

Location

State CO

County Denver

Area Metro Denver

Zoning U-TU-C

Rooms

Other Rooms Outbuildings

Basement Partially Finished, Walk-Out Access

Primary Bedroom Level Upper

Bedroom 2 Upper

Bedroom 3 Lower

Interior

Heating Forced Air

Cooling Central Air

Window Features Double Pane Windows,Triple Pane Windows

Appliance Refrigerator, Washer, Dryer

Exterior

Garage Spaces 6.0

Fence Fenced

Utilities Available Electricity Available, Cable Available

Waterfront false

Roof Type Tar/Gravel,Fiberglass,Flat

Street Surface Paved

Handicap Access Level Lot

Building

Lot Description Gutters, Level

Faces West

Story 2

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Bi-Level

Structure Type Brick/Brick Veneer,Concrete

New Construction false

Schools

Elementary Schools Columbine

Middle Schools Whittier E-8

High Schools East

School District Denver 1

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

Read Less Info

Information and Real Estate Services (IRES)

Listed by MODUS Real Estate • BobbyILoveYourWay@gmail.com,720-636-6096

GET MORE INFORMATION

Jim Thomas

+1(720) 317-9621

Principal & Broker Associate | FA100031661

Principal & Broker Associate FA100031661

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