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Description Open House Details Location Market Trends Schools Recent Sales
$1,100,000 Est. $3,912 / mo.*

1321 N Elati St Denver , CO 80204

Courtesy of Nicole Malo, RE/MAX of Cherry Creek NicMalo@rmcherrycreek.com,303-331-4587

Description

5 Beds
3 Baths
2,204 Sqft
3,125 Sqft lot
0.07 Acre lot
Status: Active
Property Type: Attached Dwelling
Year Built: 1940
Days on Website: 44
Renovated in 2018, this 1940's duplex has unbeatable convenience in the heart of the Civic Center Neighborhood. The property presents a unique live-work or investment opportunity, catering to those seeking the ultimate urban experience. Just steps away from the Denver Art Museum, History Colorado Museum, the City and State Courthouses, Denver Hospital, CU Denver and Metro State Colleges. An array of restaurants and shops are also within easy reach. The location is truly accessible, a walker's paradise, with a Walk Score of 94, Transit Score of 78, and Bike Score of 97 out of 100, it's a breeze to get around the city without relying on a vehicle. This property has been a successful investment property for the owners who have self-managed the units as furnished and unfurnished rentals. Currently, both units have lease agreements until May, 2025 with a gross income of $4,850 per month. The landlord pays water, tenants pay electric and gas. Expenses including insurance, maintenance and water total approximately $7,000/year. The owner has negotiable furniture to make the transition to furnished rentals in the future if you so choose. The lower unit, which comprises the entire bottom floor of the duplex, is a two-bedroom, 1.5-bath charmer, with a powder room and ensuite bathroom from the primary bedroom. The second-floor unit, accessible by interior stairs from the front porch has three large bedrooms and one bath. Both units boast vaulted ceilings, beautifully restored original hardwood floors and trim, as well as in-unit washer/dryers. Renovations created open floor plans, and updated bathrooms, kitchens, and appliances. Mechanical systems including the HVAC, A/C, hot water heater and plumbing were upgraded ensuring a truly turnkey living experience. Each unit has two off-street parking spots, a true rarity in the heart of the city. For outdoor enthusiasts, each unit has a basement that provides ample storage space to accommodate Colorado adventure gear!

Open House

Property Details and Features

Building
Above Grade Finished Area:
2204
Below Grade Finished Area:
1102
Building Area Total:
2204
Construction Materials:
"Brick/Brick Veneer"
Total Sq Ft:
3306
Levels:
"Two"
Living Area:
2204
Living Area Source:
Assessor
Living Area Units:
Square Feet
Stories:
2
Structure Type:
"Townhouse"
Year Built:
1940
Appliances & Equipment
Appliances:
"Down Draft", "Dishwasher", "Dryer", "Microwave", "Freezer", "Disposal"
Basement
Basement:
"Full", "Unfinished"
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Contact an Agent

Adam Sloat

303 736 2626 720 466 8212

Location

$1,100,000 -
1321 N Elati St Denver , CO 80204
City: Denver

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on September 21, 2024 9:47AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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