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+17209495525
You 1st Realty
1024 Lipan St, Denver, CO 80204
- $650,000
- 3
- BD
- 2
- BA
- 1,687
- SqFt
Listing courtesy of Carrie Hill.
CARRIE@RMRE-INC.COM,303-579-9449
- List Price
- $650,000
- Status
- ACTIVE
- Price Change
- ▼ $100,000 1791519929
- MLS#
- 3829232
- Subtype
- Residential Income
- Style
- Victorian
- Year Built
- 1885
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,687
- Acres
- 0.09
- Subdivision
- Lincoln Park
- Neighborhood
- Metro17/DSW
- MLS Area Major
- Metro Denver
Property Description
Exceptional opportunity to own a rare up/down duplex in Denver's highly desirable Lincoln Park neighborhood. Whether you're looking for a house hack, multigenerational property, or long-term investment, this property offers multiple income & ownership strategies. The property includes two self-contained 2-bedroom, 1-bath units , detached oversized 2-car garage. 3,750 sq.ft. lot zoned U-TU-B offering potential for future redevelopment as a new duplex, subject to zoning & city requirements. Historic character includes etched glass above the front door, high ceilings & original charm, complemented by modern updates. The sun-filled living room features wood floors & opens to a dining area & updated kitchen w/new cabinetry & granite countertops. 2 bedrooms share a beautifully renovated custom-tile full bath, in-unit laundry. 1 bedroom provides private access to the fenced backyard. Estimated rental potential is $2,750-$3,000/month. The upper-level unit offers 2 bedrooms, 2nd custom-tile full bath, in-unit laundry, a spacious eat-in kitchen that opens to the living room. A private balcony provides neighborhood views & a glimpse of the sun setting behind the foothills. The unit is currently leased at $1596/month. The detached oversized 2-car garage adds another valuable income opportunity and is currently leased to a tenant. Keep it as an income-producing asset, reserve it for personal use, or offer it to future tenants. Outdoor space includes a large covered front porch and a private fenced backyard with firepit-perfect for entertaining or relaxing. Electric baseboard heat serves both units. Walkable Lincoln Park location near Auraria Campus, downtown Denver, and the Santa Fe Arts District. Enjoy easy access to restaurants, entertainment, transit, and the many amenities of central Denver. Buyers to independently verify financing eligibility, rental income, zoning, redevelopment potential, and all property information.
Additional Information
- Exterior Features
- Balcony
- Taxes
- $3,186
- Property Description
- Victorian
- Zoning
- U-TU-B
- Appliances
- Dishwasher, Refrigerator, Microwave
- Heating
- Baseboard, Electronic Air Filter
- Air Conditioning
- Window/Wall
- Levels
- Two
- Roof
- Composition
- Parking Features
- Detached
- Garage Spaces
- 2
- School District
- Denver District 1
- Elementary School
- Greenlee
- Middle School
- KIPP Sunshine Peak Academy
- High School
- Compassion Road Academy
- View
- City
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Listings courtesy of Information and Real Estate Services, LLC as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.