1024 Lipan Street , Denver, CO 80204

$750,000
  • 1024 Lipan Street , Denver, CO 80204 Main Photo

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BEDS3 BATHS2 SQUARE FEET1,687 MLS#3829232
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLincoln Park SCHOOLDenver 1

Listing Courtesy of: Rocky Mountain Real Estate Inc
Agency Contact: CARRIE@RMRE-INC.COM,303-579-9449
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Property Description

Exceptional opportunity to own a rare up/down duplex in Denvers highly desirable Lincoln Park neighborhood. Whether youre looking for a house hack, multigenerational property, or long-term investment, this property offers multiple income & ownership strategies. The property includes two self-contained 2-bedroom, 1-bath units , detached oversized 2-car garage. 3,750 sq.ft. lot zoned U-TU-B offering potential for future redevelopment as a new duplex, subject to zoning & city requirements. Historic character includes etched glass above the front door, high ceilings & original charm, complemented by modern updates. The sun-filled living room features wood floors & opens to a dining area & updated kitchen w/new cabinetry & granite countertops. 2 bedrooms share a beautifully renovated custom-tile full bath, in-unit laundry. 1 bedroom provides private access to the fenced backyard. Estimated rental potential is $2,750?$3,000/month. The upper-level unit offers 2 bedrooms, 2nd custom-tile full bath, in-unit laundry, a spacious eat-in kitchen that opens to the living room. A private balcony provides neighborhood views & a glimpse of the sun setting behind the foothills. The unit is currently leased at $1596/month. The detached oversized 2-car garage adds another valuable income opportunity and is currently leased to a tenant. Keep it as an income-producing asset, reserve it for personal use, or offer it to future tenants. Outdoor space includes a large covered front porch and a private fenced backyard with firepit?perfect forentertaining or relaxing. Electric baseboard heat serves both units. Walkable Lincoln Park location near Auraria Campus, downtown Denver, and the Santa Fe Arts District. Enjoy easy access to restaurants, entertainment, transit, and the many amenities of central Denver. Buyers to independently verify financing eligibility, rental income, zoning, redevelopment potential, and all property information.

1024 Lipan Street | MLS# 3829232

This multi-family property located at 1024 Lipan Street , Denver, CO 80204 is currently listed for sale with an asking price of $750,000. Lipan Street is located within the Denver 1 school district. Search Denver real estate on www.thecuttingedgerealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Air Conditioning-Room
Garage: 2
Heating: Baseboard, Electric
Home Style: Victorian
Lot Size: 0.09 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $3,423
Year Built: 1885

Amenities

Balcony
Fire Pit
Private Yard

Feature Descriptions

Appliances: Dishwasher, Microwave, Oven, Refrigerator
Baths Total: 2
Exclusions: Tenants and Sellers personal property
Exterior: Frame, Wood Siding
Fencing: Full
Flooring: Tile, Vinyl, Wood
Laundry: In Unit
Lot: Corner Lot, Level
Parcel#: 504402012
Parking: Concrete, Exterior Access Door, Oversized, Storage
Parking Notes: Concrete, Exterior Access Door, Oversized, Storage
Patio/Porch: Covered, Front Porch, Patio, Rooftop
Sewer: Public Sewer
Special View Info: City
Utilities: Electricity Connected
Water: Public

Local Schools

High School: Compassion Road Academy
Middle School: KIPP Sunshine Peak Academy
Elementary School: Greenlee
School District: Denver 1

Listed By / Shown By

Listed By

Agency Name: Rocky Mountain Real Estate Inc
Agency Contact: CARRIE@RMRE-INC.COM,303-579-9449

Shown By

Agency Title: The Cutting Edge, Realtors
Agency Phone: (719) 999-5067

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Estimate Your Payment

Estimated Payment

$ 4,198.30 per month $3,694.30 Principal & Interest $285.25 Property Tax $218.75 Homeowner's Insurance

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Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

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