1321 Elati Street
$1,100,000
5
3
3,306
3,306
$333
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,...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!
- Listed by Nicole Malo • RE/MAX of Cherry Creek • NicMalo@rmcherrycreek.com,303-331-4587
Property Details for 1321 Elati Street
Structure Type
Townhouse
ViewCity
LevelsTwo
Stories2
Subdivision NameWITTERS 1ST ADD B19 L25
AssociationNo
BasementYes
LISTING UPDATED: 08/16/2024 12:05 PM
Property Details for 1321 Elati Street
Status | Active |
---|---|
MLS # | 3483146 |
Days on Compass | 106 |
Taxes | $4,181 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Residential-Attached |
Year Built | 1940 |
County | Denver County |
Building Information for 1321 Elati Street
Building/Complex1321 Elati StFloor-Stories-Residences2Pet Policy-Year Built1940
Property Information for 1321 Elati Street
Property History for 1321 Elati Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1321 Elati Street
Taxable ValueLand$53,890Additions$70Total$53,960
Tax Record2023$4,181 ($348 / month)
Home Facts
Total Finished SqFt3,306 SqFtAbove Grade Finished SqFt3,306 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningD-GTCountyDENVERAPN05034-06-022-000
Schools near 1321 Elati Street
This home is within Denver County 1 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Charter - | 5 to 8 | |||
Public - | 6 to 8 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Greenlee Elementary School PublicPK to 5 | ||
Kipp Sunshine Peak Academy Charter5 to 8 | ||
Kepner Beacon Middle School Public6 to 8 | ||
Compass Academy Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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