3238 3240 N Madison Street
Denver, CO 80205
- 3 beds
- 2 baths
- 1,420 sqft
- 7,280 sqft lot
- $421 per sqft
- 1945 build
- – on site
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!
Listing courtesy of MODUS Real Estate
Last checked:
Checking…
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Last updated Nov 16, 2024
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MLS# 5167112 —
The Building
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Year Built:1945
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Direction Faces:West
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Architectural Style:Mid-Century Modern
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Construction Materials:Brick, Concrete
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Structure Type:Duplex
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Exterior Features:Garden, Private Yard, Rain Gutters
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Window Features:Double Pane Windows
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Roof:Fiberglass, Rolled/Hot Mop, Tar/Gravel
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Basement:true
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Levels:Multi/Split
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Green Energy Efficient:HVAC, Roof, Thermostat, Windows
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Building Area Total:1500
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Building Area Source:Public Records
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Above Grade Finished Area:1420
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Property Attached:false
Interior
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Flooring:Carpet, Concrete, Linoleum, Tile
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Laundry Features:Common Area
Room Dimensions
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Living Area:1420
Location
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Latitude:39.76280278
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Longitude:-104.94601056
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Parcel Number:2251-48-010
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Property Condition:Updated/Remodeled
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Zoning:U-TU-C
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Lot Features:Level
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Lot Size Area:7280
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Lot Size Acres:0.17
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Lot Size SqFt:7280
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Lot Size Units:Square Feet
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Exclusions:Staging and tenant personal property. Owners property in shed.
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Fencing:Full
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Road Responsibility:Public Maintained Road
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Road Frontage Type:Public
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (720) 636-6096
- Office phone:
- (303) 974-4717
Taxes
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Tax Year:2023
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Tax Annual Amount:3834
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Tax Legal Description:J COOK JRS NORTH DIVISION OF CAPITOL HILL B13 L4 & 5 & N/4L6
Beds
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Bedrooms Total:3
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Upper Level Bedrooms:2
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Lower Level Bedrooms:1
Baths
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Total Baths:2
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Full Baths:2
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Lower Level Baths:1
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Upper Level Baths:1
The Listing
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Virtual Tour URL Unbranded:https://www.zillow.com/view-imx/4f32e2cd-d539-45ac-9c05-663fe41b7dba?setAttribution=mls&wl=true&initialViewType=pano
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Virtual Tour URL Unbranded 2:https://bobbyreginelli.modusrealestate.com/3240-n-madison-st1
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Home Warranty:false
Heating & Cooling
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Heating:Forced Air
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Cooling:Central Air
Utilities
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Utilities:Cable Available, Electricity Connected, Internet Access (Wired)
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dryer, Oven, Refrigerator, Washer
Schools
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Elementary School:Columbine
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Elementary School District:Denver 1
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Middle Or Junior School:Whittier E-8
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Middle Or Junior School District:Denver 1
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High School:East
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High School District:Denver 1
The Community
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Subdivision Name:Clayton
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Senior Community:false
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Pets Allowed:Cats OK, Dogs OK
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Association:false
Parking
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Parking Total:6
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Attached Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).