Great Starter Home or Investment Property

$470,000

1652 Verbena Street, Denver, CO 80220


Sold Icon  SOLD


CUTE AS A BUTTON STARTER HOME or TERRIFIC INVESTMENT OPPORTUNITY…your pick! Rooted in the Gold Rush days of the mid-1800s, Colfax avenue was originally called the GOLDEN ROAD…a well traveled gateway to the west. And what is the GOLDEN RULE in real estate? Yep…you got it…LOCATION LOCATION LOCATION folks! This home sits smack dab in the middle of the East Colfax corridor which runs between Denver’s City Park jewel and the gracious historic mansions in Park Hill, past the redeveloped award winning neighborhood Central Park and fun Stanley Marketplace, and then down to the busy economic center of the Anschutz Medical Campus and the Fitzsimmons Life Science District. That translates into an easy commute to either downtown or all the hospitals, clinics, research facilities, and university labs at Anschutz. It also means easy access to City Park amenities like the Denver Zoo and the Museum of Nature and Science, or Central Park’s farmers markets, social events and concerts, pools, and locally owned restaurants and small shops. Oh and the trails! This property is just a few blocks from miles of walking and biking trails through Westerly Creek and the newly completed Sand Creek trailways. This sweet locale is great for owners, but tenants too! Purchased after a 2015 update, these owners have 7 years of consistent rental history with rents reaching a high of $1,850/month. A super efficient floor plan with a space saving dining bar, a mud room and a kitchen with tons of workspace, an alley loaded garage with 2 additional off street spaces, and a huge lot recently rezoned to accommodate ADUs are all pluses too! And as if that isn’t enough…the property has just been freshened with NEW PAINT, REFINISHED HARDWOODS, UPDATED LIGHT FIXTURES, AND REVITALIZED LANDSCAPING to boot. EUREKA YOU’VE HIT GOLD!

Details

  • You'll Love
    Spacious kitchen with island, granite counters, & custom back splash
  • Favorite Feature
    Updated windows and newer appliances
  • Don't Miss
    Large lot leaves room for home expansion or home garden

Neighborhood