3508 N Race St, Denver, CO 80205

Property Description

INCENTIVE of 2.5% of loan amount which can be used to reduce overall closing costs or rate buydown! SUPER RARE ASSUMABLE LOAN! The loan on this property is assumable, meaning if the buyer's qualify, they can assume the loan's interest rate which is 2.5!! With current interest rates at 6-7%, this is an incredible savings each month. The rarity of this type of loan cannot be understated. This property also qualifies for a CRA (Community Reinvestment Act incentive, which is a huge advantage for a buyer that doesn't have enough to assume the loan. This brick bungalow is located on a quiet street and within walking distance of all the action in Rino and the York Street Yards. The recently updated kitchen was opened up to the main living and dining room spaces, allowing lots of natural light throughout! The chef's kitchen features restaurant grade appliances, including a Dacor 6 burner gas stove and proving drawer. With a kitchen island, there is plenty of counter space for food prep. The primary bedroom suite features a gorgeous master bathroom with double vanity and large master shower. A convenient spiral staircase leads to a recently finished loft space that is gigantic! With exposed beams, high ceiling, and new ductless mini-split climate control system, the loft is ideal for a home office, TV space or home gym! The basement is fully finished with two bedrooms and a 3/4 bath. One of the bedrooms has an egress window. With a rear exterior door, the basement is an ideal set up for an AirBNB, or VRBO. The main floor laundry space includes 2-year old washer and dryer. Bring your creativity to the yard, which is currently xeriscaped and waiting your creative ideas. With homes being scraped nearby, this home's value will be pulled up by strength around it. Other features include; hardwood floors on the main; new windows, new ceiling fans, electric fireplace; A/C; exposed brick; 1 car alley load garage; Zoned for ADU! All appliances included. Shows like a model!