1321 N Elati St Active Save Request In-Person Tour Request Virtual Tour
Denver,CO 80204
Key Details
Property Type Townhouse
Sub Type Attached Dwelling
Listing Status Active
Purchase Type For Sale
Square Footage 2,204 sqft
Price per Sqft $499
Subdivision Witters 1St Add B19 L25
MLS Listing ID 3483146
Bedrooms 5
Three Quarter Bath 2
HOA Y/N false
Abv Grd Liv Area 2,204
Originating Board REcolorado
Year Built 1940
Annual Tax Amount $4,181
Lot Size 3,049 Sqft
Acres 0.07
Property Description
Renovated in 2018, this 1940's duplex has unbeatable convenience in the heart of the Civic Center Neighborhood. The property presents a unique live-work or investment opportunity, catering to those seeking the ultimate urban experience. Just steps away from the Denver Art Museum, History Colorado Museum, the City and State Courthouses, Denver Hospital, CU Denver and Metro State Colleges. An array of restaurants and shops are also within easy reach. The location is truly accessible, a walker's paradise, with a Walk Score of 94, Transit Score of 78, and Bike Score of 97 out of 100, it's a breeze to get around the city without relying on a vehicle.
This property has been a successful investment property for the owners who have self-managed the units as furnished and unfurnished rentals. Currently, both units have lease agreements until May, 2025 with a gross income of $4,850 per month. The landlord pays water, tenants pay electric and gas. Expenses including insurance, maintenance and water total approximately $7,000/year. The owner has negotiable furniture to make the transition to furnished rentals in the future if you so choose.
The lower unit, which comprises the entire bottom floor of the duplex, is a two-bedroom, 1.5-bath charmer, with a powder room and ensuite bathroom from the primary bedroom. The second-floor unit, accessible by interior stairs from the front porch has three large bedrooms and one bath. Both units boast vaulted ceilings, beautifully restored original hardwood floors and trim, as well as in-unit washer/dryers. Renovations created open floor plans, and updated bathrooms, kitchens, and appliances. Mechanical systems including the HVAC, A/C, hot water heater and plumbing were upgraded ensuring a truly turnkey living experience.
Each unit has two off-street parking spots, a true rarity in the heart of the city. For outdoor enthusiasts, each unit has a basement that provides ample storage space to accommodate Colorado adventure gear!
Location
State CO
County Denver
Area Metro Denver
Zoning D-GT
Rooms
Basement Full,Unfinished
Primary Bedroom Level Upper
Master Bedroom 14x11
Bedroom 2 Main 12x11
Bedroom 3 Upper 13x9
Bedroom 4 Main 8x11
Bedroom 5 Upper 8x9
Interior
Heating Forced Air
Cooling Central Air,Ceiling Fan(s)
Fireplaces Type 2+ Fireplaces,Family/Recreation Room Fireplace,Dining Room
Fireplace true
Appliance Down Draft,Dishwasher,Dryer,Microwave,Freezer,Disposal
Laundry Main Level
Exterior
Exterior Feature Private Yard,Balcony
Parking Features Oversized
Garage Spaces 4.0
Utilities Available Natural Gas Available,Electricity Available
View City
Roof Type Composition
Street Surface Paved
Porch Patio
Building
Faces East
Story 2
Sewer City Sewer,Public Sewer
Water City Water
Level or Stories Two
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Greenlee
Middle Schools Strive Westwood
High Schools Southwest Early College
School District Denver 1
Others
Senior Community false
SqFt Source Assessor