Homes for sale - 1540 Ulster ST, Denver, CO 80220

$499,000

Est. payment - /mo

4 Beds

2 Baths

1,567 SqFt

UPDATED:

Key Details

Sold Price $499,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,567 sqft

Price per Sqft $318

Subdivision East Colfax

MLS Listing ID 9487854

Sold Date 03/31/25

Style Bungalow,Mid-Century Modern

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 1,567

Originating Board recolorado

Year Built 1954

Annual Tax Amount $2,586

Tax Year 2023

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Duplex

Property Description

LARGE PRICE ADJUSTMENT $76,000 - Seller says Sell - Duplex Opportunity! 1538 & 1540 Ulster Street – The Perfect Blend of Potential and Convenience - Ready for your vision! Both units of this duplex are currently vacant, making it ideal for a smart investor or buyers eager to enter the market. Move in, renovate, or rent—it's all up to you! Live in one side and rent out the other to offset your mortgage. Each unit offers 2 bedrooms, 1 bath, and 784 sq ft of cozy living space, with washer and dryer hookups in both. This property also boasts a spacious, oversized 2-car garage—perfect for the owner's use or as an additional rental income source. And the neighborhood? Thriving. Developers have already started revitalizing the area; RedT recently added six new side-by-side duplexes just down the alley. With Anschutz Medical Campus, the University of Colorado, and Veterans Hospital close by, this location is a magnet for reliable renters. Plus, the ongoing improvements on East Colfax promise exciting future growth, adding even more value to this up-and-coming neighborhood. Don't miss out! Being sold "As Is" See supplements for Seller Property Disclosure, average rents, Profit and Loss Statements 2024-2020, Recent Furance cleaning, New Roof installed 2019 and zoning map for property and surrounding area.

Location

State CO

County Denver

Zoning E-TH-2.5

Rooms

Basement Crawl Space

Interior

Heating Forced Air, Natural Gas

Cooling None

Flooring Laminate, Tile, Vinyl, Wood

Fireplace Y

Appliance Disposal, Gas Water Heater, Range, Range Hood, Refrigerator

Laundry In Unit

Exterior

Parking Features Exterior Access Door, Oversized

Garage Spaces 2.0

Fence Full

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available

Roof Type Architecural Shingle

Total Parking Spaces 2

Garage No

Building

Lot Description Level

Foundation Raised, Structural

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Ashley

Middle Schools Hill

High Schools George Washington

School District Denver 1

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Listed by Compass - Denver • 720-732-1525
Bought with HomeSmart Realty Partners

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(303) 842-0836

bill@watsonrg.com

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1540 Ulster ST Denver, CO 80220