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3240 N Madison ST Save Request In-Person Tour Request Virtual Tour
Denver,CO 80205
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
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
Abv Grd Liv Area 1,420
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. 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.
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
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