Know someone buying a home?
Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
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. 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. Professional photos coming soon. Schedule your showing today!
This listing courtesy of:
MODUS Real Estate, Bobby Reginelli
Your BAH amount is for the military housing area.
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$--- Est. Payment - $--- BAH = $--- Remaining
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48.75% of housing units are renter occupied.
6.65% are vacant.
The median travel time to work is 19 minutes.
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.