BEDS3
BATHS2 full
SQUARE FEET1,083
MLS#5226187
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONAthmar Park 3
SCHOOLDenver 1
Listing Courtesy of:
Real Broker, LLC DBA Real
Agency Contact: nikolinaj21@icloud.com,720-496-6821
Property Description
Welcome to your ideal Athmar Park home! This charming 3-bedroom, 2-bath ranch-style residence offers timeless mid-century curb appeal on a generous 6,400 sq ft lot. With original hardwood floors and a functional, open layout, the home combines classic character with modern potential. The highlight is the expansive, level backyard?perfect for entertaining, gardening, adding an ADU, or simply enjoying the mature trees and outdoor space. Located in the heart of Athmar Park, one of Denvers most beloved and historic neighborhoods, this home offers quick access to Federal Blvd, Santa Fe Drive, I-25, and downtown Denver. Enjoy being steps away from local parks including Aspgren, Huston Lake, Vanderbilt, and Habitat Park. Whether youre commuting or exploring the city, this location is unbeatable. Solidly built and full of opportunity, 711 S Lipan St is move-in ready with room to personalize, making it a rare find in both value and location. Dont miss your chance to call this vibrant neighborhood home!Seller is offercing Closing Cost Concession up to 2%! This property at 711 S Lipan St also functions as a strong-performing investment asset in Denvers thriving rental market. Currently leased at approximately $2,800 per month, it benefits from the high demand for 3-bedroom homes in the Athmar Park area (Rental rates range from $2,600-$3,300 in this area. With $33,600 in annual rental income and a purchase price of \$430,000, the property yields a gross cap rate of approximately 7.8%?a compelling return compared to the typical 4?5% rates in surrounding neighborhoods. Year over year, it has demonstrated consistent rental performance, making it not only a welcoming primary residence but also a savvy, income-generating opportunity for investors.
Property Features
Property Type: Residential - Single Family
Cooling: None
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.15 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $1,971
Year Built: 1956
Amenities
Garden
Private Yard
Feature Descriptions
Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
Baths 3/4: 0
Baths Full: 2
Baths Half: 0
Baths Total: 2
Days on Site: 7
Exclusions: n/a
Exterior: Wood Siding
Fencing: Full
Flooring: Vinyl, Wood
Lot: Level
Parcel#: 5164-04-017
Parking: Unpaved, Gravel
Parking Notes: Unpaved, Gravel
Patio/Porch: Covered, Patio
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Water: Public
Local Schools
High School: Abraham Lincoln
Middle School: Grant
Elementary School: Goldrick
School District: Denver 1
Listed By / Shown By
Listed By
Agency Name: Real Broker, LLC DBA Real
Agency Contact: nikolinaj21@icloud.com,720-496-6821
Shown By
Agent Name: Tias (Ty) Hecht
Agent Phone: (719) 332-0433
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 2,225.12 per month $1,945.67 Principal & Interest $164.25 Property Tax $115.21 Homeowner's InsuranceChange Payment Information
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711 S Lipan Street | MLS# 5226187
This single family home located at 711 S Lipan Street, Denver, CO 80223 is currently listed for sale with an asking price of $395,000. This property was built in 1956 and has 3 bedrooms and 2 full baths with 1083 sq. ft. S Lipan Street is located in the Athmar Park 3 subdivision within the Denver 1 school district. Search Athmar Park 3 real estate on tyhecht.thecuttingedgerealtors.com today.