1321 N Elati St Denver CO 80204 MLS 3483146
$1,100,000
Listing courtesy of RE/MAX of Cherry Creek
1321 N Elati St
Denver,
CO
80204
MLS# 3483146
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Home Description: 1321 N Elati St
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!
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School Information
- School District:Denver 1
- Elementary:Greenlee
- Middle School:Strive Westwood
- High School:Southwest Early College
Financial
- Approx Payment:$5,351*
- Taxes:$4,181
Area Stats
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(720) 298-6702 and speak with one of our real estate consultants.
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Listing Courtesy of RE/MAX of Cherry Creek.
For information or to schedule a viewing of this property (MLS# 3483146) located at 1321 N Elati St Denver CO 80204, call: 720-298-6702
1321 N Elati St, Denver CO is a single family home of 2204 sqft and
is currently priced at $1,100,000
.
This single family home has 5 bedrooms.
This home on 1321 N Elati St has not had a price change.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos and Foreclosures
in Denver, CO.
Lodo Downtown, Jefferson Park and Boulevard Highlands are nearby neighborhoods.
MLS 3483146 has been posted on this site since 8/9/2024 (today).