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Under Contract
$599,000($476,111 down)$768 /mo

3240 N Madison Street, Denver, CO 80205

3 Bed ·2 Bath ·1420 Sqft
PITI Monthly
$1,374.9 /mo

Listing courtesy of: Bobby Reginelli, MODUS Real Estate

Assumed Rate

3.5%
7.52%

Principle & Interest

$768 /mo
$1,198 /mo

What's Special

INVESTORS
REMODELED
SPACIOUS
MODERN
FENCED YARD
CLOSE TO HIGHWAYS
HISTORIC
CHARMING

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.

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Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Concrete, Linoleum, Tile, Vinyl

Exterior

Fencing
  • Fencing: Full, Partial
Roof
  • Roof: Fiberglass, Rolled/Hot Mop, Tar/Gravel
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Duplex
  • Architectural Style: Mid-Century Modern
Materials
  • Brick
  • Roof: Fiberglass, Rolled/Hot Mop, Tar/Gravel
Condition
  • Year Built: 1945
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Clayton
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $421.83
  • Tax Annual Amount: $3834
  • On Market Date: 2024-11-15T00:00:00.000Z

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MLS ID: REC5629319

Listing From: recolorado

Last updated: 2024-11-16T22:37:16.000Z

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Assumed Rate

3.5%
7.52%

Principle & Interest

$768 /mo
$1,198 /mo
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