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Home » Real Estate » CO » Denver » 80205 » 3240 N Madison St, Denver, CO, 80205
$599,000

3240 N Madison St, Denver, CO, 80205

3 Beds
2 Baths
1,500 Square Feet

Open House

November 16 11:00 am - 12:00 pm

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. The sewer line has been updated to PVC. 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 Set up your showing today. This property won't last long.
Offered By
Bobby Reginelli BobbyILoveYourWay@gmail.com,720-636-6096, MODUS Real Estate

Property Details

Property Type Residential Income
Status Active
Bedrooms 3
Property Sub Type Income Property
Square Feet 1,500
MLS # 5629319

Market Trends

New Properties On Market
45
25% Increase In New Listings
Average Asking Price
$789,310
$123,517 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$413
$89 Decrease In List Price/Sq. Ft.
Average Days On Market
16
24 Day Decrease In Days On Market
Data as of Nov 15, 2024. Remaining statistics above are calculated on activity within the period from Sep 01, 2024 to Oct 31, 2024.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 11/15/2024 at 5:36 pm