1218 N Downing St, Denver, CO 80218

Property Description

Step into a piece of classic Denver with an unusually flexible floor plan and one of Capitol Hill's most coveted locations. Just blocks from Cheesman Park and Denver Botanic Gardens, this 1901 Denver Square puts King Soopers, Whole Foods Market, Colfax, restaurants, bars, coffee shops and conveniences within easy reach. Inside, historic character takes center stage. Solid-wood floors, original woodwork, antique lighting, doors and hardware, and a turn-of-the-century fireplace and mantel create warmth and personality that cannot be replicated. Currently configured as two apartments, the home offers an opportunity to live large while generating rental income-or gradually transform it into the spacious single-family residence you've envisioned. The main level is a studio with an expansive covered front porch, bright kitchen, full bath with newly tiled tub surround, storage and access to the unfinished basement with laundry and additional storage. Upstairs, the second- and third-floor residence offers two bedrooms, two remodeled baths, a large light-filled living room, and an updated kitchen with island, stainless appliances, pantry, quartz counters and direct access to the back deck and private yard. A third-floor den/office and laundry area add even more flexibility. Outside, the fully fenced backyard offers privacy, room for pets and gardening, plus a rustic greenhouse. A detached 2-car garage with newer door and opener provides off-street parking and storage. Recent rents were $1,400/month for the main-level studio and $2,200/month for the upper 2-bedroom, 2-bath apartment, including utilities-suggesting additional upside for a new owner. Gas forced-air heat and existing ductwork offer the option to add central AC. At $699,000, this is a rare opportunity to own a character-rich Denver Square in an exceptional location-with income potential today and the opportunity to create even more value tomorrow.