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1540 Ulster St, Denver, CO 80220

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

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Sold Price: $499,000
List Price: $499,000
Closing Date: Mar 31, 2025
Type: Multifamily
Property Sub Type: Duplex
Status: CLOSED
MLS Number: 9487854
Structural Style: Bungalow, Mid-Century Modern
Bedrooms: 4
Bathrooms: 2
Sqft Total: 1,567
Year Built: 1954

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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.

(303) 522-8226

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Additional Information

Lot Size Acres: 0.13
Lot Size Sq Ft: 5,620
Tax Amount: $2,586
Water Source: Public
Sewer: Public Sewer
Basement Type: Crawl Space
Heating: Forced Air, Natural Gas
Cooling: None
School District: Denver 1
Elementary School: Ashley
Middle Or Junior School: Hill
High School: George Washington