3238 N Madison Street
Denver, CO 80205
1420 sqft | 3 beds | 2 baths | 0.17 acres | #5167112
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!
Interior Details
- Bedrooms3
- Bathrooms2
- Full Baths2
Property Details
- Lot DescriptionGutters, Level
Measurements
- Acres0.17
- Square Feet1420
Parking
- Parking Spaces6
Construction Details
- BasementPartially Finished, Walk-Out Access
- Property TypePurchase
Condition
- Year Built1945
Utilities / Energy Details
- Utility FeaturesElectricity Available, Cable Available
- Sewer InformationCity Sewer, Public Sewer
- Utility SourceCity Water
Community and Neighborhood Details
- SubdivisionClayton
Location
- Middle SchoolWhittier E-8
- Elementary SchoolColumbine
- CountyDenver
- High SchoolEast
Other
- MLS #5167112
Location
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. 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.
Last Updated: . Source: IRES
Listing Courtesy
Listing Agent: Bobby Reginelli (#55049350), Phone: (720) 636-6096
Listing Office: MODUS Real Estate (#M2993)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.