• Asking Price See Price
  • Estimated Value: $810,565
  • MEADE DENVER, CO 80204

  • 6 Beds 2 Baths 2,718 SqFt
  • Townhouse or Condo / REO Foreclosure

Property Details for MEADE St, DENVER, CO 80204

Features

Facts

Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Welcome to 1403 Meade St, a beautiful brick bungalow that is also a two unit duplex. Nestled in the heart of Denvers 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.

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