237 N Madison Street, Denver, CO 80206

$2,500,000
4
BD
2
BA
1,900
SqFt
List Price
$2,500,000
Type
Single Family Residential
Property Sub Type
Single Family Residence
Status
ACTIVE
MLS Number
6215365
Architectural Style
PatioHome
Structural Style
PatioHome
Bedrooms
4
Bathrooms
2
Sqft Total
1,900
Neighborhood
Cherry Creek North
Year Built
1953

Property Description

2 Unit Duplex with two 2 BR 1 Bath Units. Recently renovated. Both have long term leases and tenants. Monthly rental income of $4300. 50s construction with detached 2 car garage and back yard. Located on one of the finest blocks in the heart of Cherry Creek North, this is one of the last undeveloped lots in Denver's most desirable neighborhood. The lot, zoned G-RH-3, allows for the development of a Cherry Creek townhome design. This property is zoned G-RH-3 and offers tremendous opportunity for live/work space in the heart of Cherry Creek North. Potential replace the existing structure with a new building to suit the lot and location. Buyer to confirm zoning and any restrictions that may apply. Sold AS-IS. Buyer to verify all relevant information. Build your custom dream home or duplex on one of the last prime building sites in Cherry Creek North. Fabulous location to walk to everything Cherry Creek North has to offer, boutiques, art galleries, hotels, and world class dining. Also, minutes from Downtown Denver's sports venues, culture and restaurants. Sold as land value in as-is condition. Property has two units that are currently leased. Buyer to verify all info including but not limited to: zoning, taxes, school districts, water, setbacks, etc., and any other info that raises a question or concern to the Buyer. You must give us 24 hour notice for showings, property is tenant occupied.

Additional Information

Lot Size Acres
0.14
Lot Size Sq Ft
6,250
Tax Amount
$6,125
Tax Year
2019
Construction Materials
Brick, Frame
Interior Features
Granite Counters, High Speed Internet
Flooring
Vinyl, Wood
Basement Type
Crawl Space, Unfinished
Heating
Forced Air
Cooling
Central Air
School District
Denver 1
Elementary School
Steck
Middle Or Junior School
Hill
High School
George Washington
Parking Total Searchable
2
Zoning
G-RH-3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of BLUESHIFT REAL ESTATE SERVICES LLC.