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$ 599,000

Est. payment | -/mo

3 Beds

2 Baths

1,420 SqFt

Save

$ 599,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,420 SqFt

OPEN HOUSE

Sat Nov 16, 11:00am - 12:00pm

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,420 sqft

Price per Sqft $421

Subdivision Clayton

MLS Listing ID 5629319

Style Mid-Century Modern

Bedrooms 3

HOA Y/N No

Originating Board recolorado

Year Built 1945

Annual Tax Amount $3,834

Tax Year 2023

Lot Size 7,405 Sqft

Acres 0.17

Property Description

Welcome to 3238-3240 Madison Street, a charming mid-century styled brick duplex in the heart of Denver. This listing is for both units of this duplex which offers the perfect investment potential for first time buyers and experienced investors alike. The upstairs 2 bed, 1 bath unit is available for immediate move in and is recently remodeled. Newer double pane windows, new paint, new lights, modern bathroom, newer appliances and a great layout. The garden level 1 bed, 1 bath unit is currently leased for $1500/month until February 2025 and has its own separate front entrance. There is a shared laundry/utility room with washer/dryer in the basement and extra storage for both units. The roof was just recoated in 2024, brand new water heater installed and a new central air conditioner. Step outside into your spacious backyard on this nearly 8000sqft lot! There is so much room for expansion and the potential to build a garage or ADU(s). The full fenced yard also has so many amazing spaces for gardening and includes a large shed for all your tools/toys. There is a gate off the alley which allows you to park up to 6 vehicles including large RVs, boats, etc. in the yard. Secure fencing all around the property provides a haven for furry friends and lots of space to entertain. Close to highways, coffee shops, parks, great restaurants, City Park Golf Course and so much charm in the historic Clayton neighborhood. Not often does a property with so much potential come onto the market at a price below $600k. Offset your mortgage payment or perhaps even live for free. Financing incentives available. Please reach out to listing agent Bobby Reginelli for details. While the upstairs two bedroom unit is vacant and available to show anytime, we have arranged for a 1 hour period to show both units at our OPEN HOUSE this Saturday, November 16 from 11am - 12pm.

Professional photos coming Friday, November 15 or sooner.

Set up your showing today. This property won’t last long.

Location

State CO

County Denver

Zoning U-TU-C

Rooms

Basement Daylight, Exterior Entry, Finished, Full, Partial, Walk-Out Access

Interior

Interior Features High Speed Internet, Laminate Counters, Smart Thermostat

Heating Forced Air

Cooling Central Air

Flooring Carpet, Concrete, Linoleum, Tile, Vinyl

Fireplace Y

Appliance Dryer, Freezer, Gas Water Heater, Refrigerator, Washer

Laundry Common Area, In Basement, Laundry Closet

Exterior

Exterior Feature Garden, Lighting, Private Yard, Rain Gutters

Fence Full, Partial

Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available

Roof Type Fiberglass,Rolled/Hot Mop,Tar/Gravel

Total Parking Spaces 6

Garage No

Building

Lot Description Landscaped, Level, Near Public Transit

Story Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

Structure Type Brick

Schools

Elementary Schools Columbine

Middle Schools Whittier E-8

High Schools East

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Pets Description Cats OK, Dogs OK

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

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(719) 621-4778

admin@sorella.realestate

3240 N Madison ST Denver, CO 80205