1540 Ulster Street, Denver, CO 80220

$499,000
4
BD
2
BA
1,567
SqFt

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Courtesy of Compass - Denver . 720-732-1525

Selling Office: HomeSmart Realty Partners.

Sold Price
$499,000
List Price
$499,000
Closing Date
Mar 31, 2025
Type
Multifamily
Status
CLOSED
MLS Number
9487854
Finished Sqft
1,567
Above Grade Sqft
1567
Total Sqft
1567
Subdivision
East Colfax
Sub-Area
East Colfax
Year Built
1954

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.

Additional Information

School District
Denver 1
Elementary School
Ashley
Middle School
Hill
High School
George Washington
Garage Spaces
2
Parking Spaces
2
Parking Features
Exterior Access Door, Oversized
Style
Bungalow, Mid-Century Modern
Basement
Crawl Space
Lot Size
5,620
Acres
0.13
Taxes
$2,586
Tax Year
2023

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