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Elisabeth King

ek@elisabethkingrealestate.com +1(970) 388-0125

$ 1,495,000

Est. payment -/mo

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Active

517 Josephine Denver, CO 80206

4 Beds

2 Baths

2,278 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,278 sqft

Subdivision Cherry Creek North

MLS Listing ID IRE2753687

Bedrooms 4

Full Baths 1

Three Quarter Bath 1

HOA Y/N No

Year Built 1907

Annual Tax Amount $5,358

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Single Family Residence

Source ires

Property Description

**Cherry Creek North for less than $1.5m and $2m cheaper than any other SF home in the entire neighborhood! Add to that, the potential rental income of having two units within the same home (which is how the current owner operates the property)** Surrounded by multi-million dollar homes in the heart of Cherry Creek North! The lot itself is zoned for two 3-story tall town homes with an additional ADU (accessory dwelling unit) in the back - a 3-bay garage with another residential unit on top of the garage. The upside to this property is significant! As it sits now, it's making money due to the rental at the basement level and tremendous amount of parking. Open up the entire home all for you or continue to rent one or both units! Buy now, build equity, develop later! Incredible area - 1 block to amazing restaurants, Cherry Creek Mall 2 blocks away, walk everywhere! HUGE garage with electricity as well as your own private driveway, new roof & gutters, new water heater, remodeled kitchen upstairs and downstairs. Both bathrooms have been remodeled, upstairs is the original and massive claw-foot cast iron tub. Back yard is GORGEOUS, private and quiet. Stamped concrete patio, pergola and lots of exterior lighting, some no-maintenance/xeriscaping features have been incorporated to save on water! Professional landscaping, lovely garden area and flagstone patio on the south side of the home, beautiful mature trees and newer fence. English ivy and huge lilac tree. Lovely fully enclosed sun porch at the front of the home, finished and currently being used as an office space and additional living space. LED and solar lighting features. This home has been well maintained, loved and cared for. One of the original homes in Cherry Creek North! Buyer and buyer agent to verify ALL. There's lots of possibilities and tremendous upside with this one. Check zoning with the city and county of Denver. This is a lovely home in the BEST neighborhood in Denver and is move in ready!

Location

State CO

County Denver

Community Cherry Creek North

Area Metro Denver

Zoning G-RH-3

Direction North of 5th Ave, between Josephine and York.

Rooms

Family Room 1

Basement Full, Partially Finished, Walk-Out Access, Sump Pump

Interior

Interior Features Pantry, Walk-In Closet(s)

Heating Baseboard

Cooling Central Air, Ceiling Fan(s)

Fireplaces Type Two or More, Gas, Gas Log, Living Room, Family Room

Appliance Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Freezer, Water Purifier Owned, Disposal, Fire Alarm

Exterior

Exterior Feature Sprinkler System

Parking Features Detached

Garage Spaces 2.0

Fence Fenced, Dog Run/Kennel

View Y/N No

Roof Type Composition

Porch Patio

Garage Yes

Building

Lot Description Deciduous Trees, Level, House Faces East, Paved, Gutters

Sewer Public Sewer

Water City

Level or Stories One

Structure Type Frame,Brick

New Construction false

Schools

Elementary Schools Bromwell

Middle Schools Morey

High Schools Denver District 1

School District Denver District 1

Others

Acceptable Financing Cash, Conventional, VA, 1031 Exchange

Listing Terms Cash, Conventional, VA, 1031 Exchange

Special Listing Condition Other Owner

Information and Real Estate Services (IRES)

Listed by Sara Hankenson

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 388-0125

ek@elisabethkingrealestate.com