Address
1001-1003 Adams Street Denver, CO
Price
$ 1,250,000
Property Attributes
  • MLS#3675947
  • TypeIncome
  • CountyDENVER
  • CityDenver
  • NeighborhoodCongress Park
  • Zip80206
  • StyleBungalow
  • Year Built1922
  • Taxes4345
  • Price$ 1,250,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3600
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
VanWest Real Estate Group, LLC
Property Description

Fantastic, turn-key duplex located in the heart of beautiful Congress Park. Both sides are fully updated/renovated. Strong rental history and little turnover, with most tenants leasing for 2-5 years. Newer roof, easy to maintain landscaping, and great curb appeal. Live in one, rent the other for owner-occupied financing! 1001 Adams has 3 Bedrooms featuring a master suite with an en-suite master bath. The basement has a non-conforming bedroom with a large tv/entertainment room and a wet bar. 1003 Adams has 3 Bedrooms and 1.75 baths (basement bedroom is non-conforming), featuring an eat-in breakfast nook (or a home office area), a large bedroom in the basement with two closets (could easily be split into 2 bedrooms making this a 4 bedroom or converted to master suite). Both units have beautiful hardwood floors, exposed brick in the basements, individual laundry-rooms, and ample storage. There is 3 car garage (2 spaces are currently included with the 1001 lease and 1 car is included with 1003 lease) and a large patio area at the rear of the property. Opportunity to add investment value by raising rents (1001 rent has not been raised in 5 years), charging for garage spaces, charging the tenants for the water bill, and putting the lawn responsibility to the tenant. This is an incredible opportunity to purchase a full-duplex in Congress Park either as an investment property or to offset your own mortgage in the hottest neighborhood in Denver by renting one side and living in the other. Please do not disturb the tenants.

Elementary School Middle School High School
Teller Elementary School Morey Middle School East High School
Price History
9/18/2020 Listed $1,325,000
11/23/2020 6% - $1,250,000

General Features

Appliances BarFridge, ConvectionOven, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, RangeHood, Washer
Architectural Style Bungalow
Association Y/N No
Attached Garage No
Carport Spaces 0.0
Carport Y/N No
Cooling EvaporativeCooling
Elementary School Teller
Exterior Features RainGutters
Flooring Wood
Garage Spaces 3.0
Garage Y/N Yes
Heating ForcedAir
High School East
High School District Denver 1
Interior Features WetBar, BreakfastArea, GraniteCounters, MasterSuite, SmokeFree
Junior High Morey
Levels One
Ownership Individual
Parking Features Concrete
Patio/Porch Features Covered, FrontPorch, Patio
Property SubType Duplex
Property Type ResidentialIncome
Roof Composition
Security Features CarbonMonoxideDetectors, SmokeDetectors
Sewer PublicSewer
Special Listing Conditions None
Structure Type Duplex
Terms Cash, Conventional, Item1031Exchange, FHA
Zoning U-SU-B

Interior Features

Above Grade Finished Area 1800.0
Basement Full, Finished
Basement (Y/N) Yes
Below Grade Finished Area 1800.0
Common Walls Item1CommonWall
Fireplace Features FamilyRoom, GasLog
Fireplace Y/N Yes
Heating Y/N Yes
Laundry Features InBasement, InUnit
Living Area 3600.0
Total Fireplaces 2

Exterior Features

Building Area Total 3600.0
Covered Spaces 0.0
Fencing None
Lot Features CornerLot, SprinklersInFront, Level
Lot Size Acres 0.14
Lot Size Square Feet 5950.0
Total Parking 5.0
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80206

Price
AVG $1.25M
$1.25M
Taxes
AVG $4,345
$4,345
Visits
AVG 100
99
Year Built
AVG 1922
1922
Walkscore
AVG 71
71
Data Provided by Walkscore ® not using MLS data

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