770 Monroe Street, Denver, CO 80206

$727,000
4
BD
2
BA
1,000
SqFt
Sold Price
$727,000
List Price
$695,000
Closing Date
Apr 02, 2021
Type
Single Family Residential
Status
CLOSED
MLS Number
5709481
Bedrooms
4
Bathrooms
2
Finished Sqft
1,000
Above Grade Sqft
1000
Total Sqft
2000
Subdivision
Congress Park
Sub-Area
Congress Park
Year Built
1923

Property Description

Perfect opportunity to build equity and customize your dream home. Live walking distance to Congress/Cheeseman Park, Cherry Creek North and the new 9th Ave/Colorado Development (called 9+CO). This home in the 7th Avenue Historic District feeds into the renowned Steck Elementary School but is not historically designated. Live in a top ranked area in Denver known for walkable local businesses, rich architectural style, and a shady canopy of mature trees. Classic 2000 sf 1923 brick bungalow with 3 bedrooms 1.75 bathroom on a 4460 sf lot with a small garage. Spacious foyer leads into a classic living room with a fireplace and dining room. Great opportunity to upgrade the kitchen and create an open concept during the process. Two bedrooms and one bathroom with vintage pink tile complete the main level. The basement includes a large family/bedroom with egress, 3/4 bathroom, laundry, bedroom without egress, and storage/mechanical room. This home has been a rental earning $2400/m since 2018 with room to increase rent to $2800 according to Zillow. Move in ready or a great opportunity to renovate. A similar home with beautiful upgrades sold for $880K (1168 Adams Street) and 608 Cook Street will close for $930K. Add a second story and transform this into a 3000+ sq ft home worth $1.385K like 737 Garfield across the alley. At 916 Jackson a homeowner is doing a full remodel and adding a second story for $450K leaving equity for the new owner. Four doors from 8th Ave provide ample separation. Three minutes from Trader Joes, Snooze, and Postino and much more at new 9+CO. Walking distance from 12th Ave shops/restaurants in Congress Park or head south to Sixth Ave restaurants including Barolo and the luxury shops of Cherry Creek North. Home sold as-is (new water-main in 2013 and newer furnace). All offers are due Monday 3/1 at 5pm with an acceptance deadline of Tuesday 3/2/2021 at 5pm.

Additional Information

Taxes
$2,926
School District
Denver 1
Elementary School
Steck
Middle School
Hill
High School
George Washington
Garage Spaces
1
Parking Spaces
1
Style
Bungalow
Basement
Full
Basement Finished
Yes
Fireplaces
1
Zoned
U-SU-C
Type
Single Family Residence
Amenities
Ceiling Fan(s), Entrance Foyer, UtilitySink
Sewer
Public Sewer
Lot Size
4,460
Acres
0.1
Financial Terms
Conventional

Courtesy of Living Room Real Estate

Selling Office: Compass - Denver.

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Calculator source: Real Geeks

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