TWO HOMES and a GREAT LOCATION
2 bedroom bungalow + 1 bdrm ADU with garage
1.75% lender credit + rental income

3206 Madison, Denver, CO 80205

$595,000

Photo #1
Photo #2   Photo #3
Photo #4   Photo #5   Photo #6

The main house at 3206 Madison and the Auxiliary Dwelling Unit (ADU) 3210 Madison enjoy a superb location with easy access to EVERYWHERE - downtown, I-70, City Park, restaurants, coffee shops and the new park at the old golf course. Classic turn-of-the-century bungalow with flagstone steps leading to a covered front porch over-looking downtown and the front range; hardwood floors and high ceilings throughout, along with updated, spacious kitchen and full bath; the unfinished full basement space is just that - UNFINISHED and great storage space, just awaiting your creative touch.

There’s a fully approved separate one bedroom, one bath, Auxiliary Dwelling Unit (ADU) with separate gas and electric service and an attached over-sized one car garage that produces an easy $1200 per month revenue to help with your mortgage - it’s known as “3210 Madison.”

The property qualifies for Community Reinvestment Act (CRA) providing 1.75% of the loan amount as a credit towards the buyer’s closing costs, pre-paid and discount points-contact the listing agent for more details. The property, location, income stream, CRA contribution pretty much makes this one a no-brainer - act quickly or you’ll miss out. The property backs to the Clayton College campus (Clayton is an early childhood education facility) and thus it’s very quiet.

Listing courtesy of CLARKE REAL ESTATE