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3238-3240 N Madison St, Denver, CO 80205

PENDING as of 11/15/2024 - 599000
Brick ranch home with a landscaped yard and snowy lawn at 3238-3240 N Madison St, Denver, CO 80205

Listing courtesy of MODUS Real Estate IDX Logo

  • Bedrooms

    3

  • Baths

    2

  • Sq. Feet

    1420

  • Year Built

    1945

  • Days On Market

    12

  • $/SqFt

    $422

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Home 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!

  • Appliances: Dryer,Oven,Refrigerator,Washer
  • Flooring: Carpet,Concrete,Linoleum,Tile
  • # Full Baths: 2
  • # Partial Baths: 0
  • Exterior: Garden,Private Yard,Rain Gutters
  • Construction Materials: Brick,Concrete
  • Roofing: Fiberglass,Rolled/Hot Mop,Tar/Gravel
  • Cooling: Central Air
  • Heating: Forced Air

Approximate Room Sizes / Descriptions

Bathroom (Full)Upper
Bathroom (Full)Lower
BedroomUpper
BedroomUpper
BedroomLower
  • Garage Spaces: 0
  • Lot: Level
  • Senior Community: No
  • List Status: Active
  • : BobbyILoveYourWay@gmail.com,720-636-6096

Neighborhood

The average asking price of a 3 bedroom Denver home in this zip code is $694,242 (15.9% more than this home).

This home is priced at $422/sqft, which is 3.5% less than similar homes in the 80205 zip code.

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School Information

  • School District:Denver 1
  • Elementary:Columbine
  • Middle School:Whittier E-8
  • High School:East

Financial

  • Approx Payment:$2,914*
  • Taxes:$3,834

Area Stats

These statistics are updated daily from the RE colorado. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (720) 327-5071 and speak with one of our real estate consultants.

Listing Courtesy of MODUS Real Estate.

3238-3240 N Madison St, Denver CO is a single family home of 1420 sqft and is currently priced at $599,000 . This single family home has 3 bedrooms. A comparable home for sale at 2947 N Franklin St in Denver is listed at $500,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos and Foreclosures in Denver, CO. Mckees, North Denver and Bergers are nearby neighborhoods. MLS 5167112 has been posted on this site since 11/15/2024 (today).

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