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Key Details
Sold Price $790,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,718 sqft
Price per Sqft $290
Subdivision West Colfax
MLS Listing ID 7169199
Sold Date 06/03/24
Style Bungalow
Bedrooms 6
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,453
Originating Board recolorado
Year Built 1923
Annual Tax Amount $3,306
Tax Year 2022
Lot Size 4,356 Sqft
Acres 0.1
Property Description
Welcome to 1403 Meade St, a beautiful brick bungalow that is also a two unit duplex. Nestled in the heart of Denver’s popular West Colfax neighborhood just 4 blocks south of Sloans Lake and 4 blocks north of Lakewood Gulch and light rail train line. This extraordinary property presents a golden opportunity for savvy investors seeking a duplex in one of the nation's hottest real estate markets. 2 fully equipped 3 bed/1 bath units for the price of one! Both recently renovated. This duplex house hack comes with tenants in place in the garden level unit $1900 a month/$22800 a year! This charming 6-bedroom, 2-bathroom home exudes timeless elegance and character from the Craftsman Era. The classic brick facade is a testament to its enduring quality and the rich history of the neighborhood. The main level is spacious and bright with original fireplace, built-ins, large kitchen, high ceilings, original wood trims and oak hardwood floors. The garden level unit is a mirror of upstairs but also includes a laundry room and large utility/storage closet. Both units come with all kitchen appliances, and newer washer/dryer. This south facing corner lot has multiple patio areas, all sorts of nooks for gardening, and a covered front porch. The whole property is soaked in year-round all day sunshine. Room for all your toys/rvs/boats with four off-street parking spaces, oversized two car garage and large storage shed/clubhouse. Exceptional investment potential starts the moment you sign on this property. Offset your mortgage from day one and start building equity or rent both units with this turnkey rental property. Don't miss out on this rare opportunity to own a multi-unit piece of Denver. Whether you're a seasoned investor or just starting your journey, this property is a must-see. Newer roof with warranty and Class 4 shingles.
Location
State CO
County Denver
Zoning G-RH-3
Rooms
Basement Exterior Entry, Finished, Full, Interior Entry
Main Level Bedrooms 3
Interior
Interior Features Built-in Features, Ceiling Fan(s), Laminate Counters
Heating Forced Air
Cooling Air Conditioning-Room
Flooring Carpet, Wood
Fireplaces Number 1
Fireplaces Type Living Room
Fireplace Y
Appliance Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Range, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Private Yard, Rain Gutters
Parking Features Concrete, Lighted, Oversized
Garage Spaces 2.0
Roof Type Architecural Shingle
Total Parking Spaces 6
Garage No
Building
Lot Description Level
Foundation Block
Sewer Public Sewer
Level or Stories One
Structure Type Brick,Frame
Schools
Elementary Schools Cheltenham
Middle Schools Strive Lake
High Schools North
School District Denver 1
Others
Senior Community Yes
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Porchlight Real Estate Group