1024 Lipan, Denver, CO 80204
1024 Lipan, Denver, CO 80204
1024 Lipan, Denver, CO 80204
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$750,000
Est. payment /mo
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3 Beds
2 Baths
1,687 SqFt
New

1024 Lipan Denver, CO 80204

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,687 sqft

Subdivision Lincoln Park

MLS Listing ID IRE3829232

Style Victorian

Bedrooms 3

HOA Y/N No

Year Built 1885

Annual Tax Amount $3,423

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Duplex

Source ires

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.

Location

State CO

County Denver

Community Lincoln Park

Area Metro Denver

Zoning U-TU-B

Direction Speer to Lipan South to property

Interior

Heating Baseboard, Electronic Air Filter

Cooling Wall/Window Unit(s)

Appliance Dishwasher, Refrigerator, Microwave

Exterior

Exterior Feature Balcony

Parking Features Detached

Garage Spaces 2.0

Fence Fenced

Utilities Available Electricity Available

View Y/N Yes

View City

Roof Type Composition

Porch Patio

Garage Yes

Building

Lot Description Corner Lot, Level, House Faces West

Sewer Public Sewer

Water City

Architectural Style Victorian

Level or Stories Two

Structure Type Frame,Wood Siding

New Construction false

Schools

Elementary Schools Greenlee

Middle Schools Kipp Sunshine Peak Academy

High Schools Denver District 1

School District Denver District 1

Others

Acceptable Financing Cash, Conventional, FHA, 1031 Exchange

Listing Terms Cash, Conventional, FHA, 1031 Exchange


Information and Real Estate Services (IRES)
Listed by Carrie Hill

GET MORE INFORMATION

Byron Becerril

Byron Becerril

Local Real Estate Professional License ID: 100083676

+1(970) 689-1248

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1024 Lipan