3238 N Madison St Pending Save Request In-Person Tour Request Virtual Tour
Denver,CO 80205
Key Details
Property Type Single Family Home
Sub Type Residential-Detached
Listing Status Pending
Purchase Type For Sale
Square Footage 1,420 sqft
Price per Sqft $421
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
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