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… Read More entertaining, gardening, adding an ADU, or simply enjoying the mature trees and outdoor space. Located in the heart of Athmar Park, one of Denver's 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 you're 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. Don't 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 Denver's 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. Read Less
Courtesy of Nikolina Jugovic, Compass - Denver, [email protected],720-496-6821.
Listing Snapshot
Days Online
10
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,083
Lot Size
0.15 Acres
Year Built
1956
MLS Number
9950779
30 Days Snapshot Of 80223
$618k
-2%
(avg) sold price
13
-18%
homes sold
27
+42%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: "Dirt", "Gravel"
Appliances & Equipment
"Dishwasher", "Refrigerator", "Disposal"
Second Bedroom
Level: Main
Third Bedroom
Level: Main
Building
1083 total sqft, Living Area: 1083, Above Grade Finished Area: 1083, Architectural Style: "Ranch", Building Area Total: 1083, Construction Materials: "Wood Siding", Levels: "One", Stories: 1, Year Built: 1956
Accessibility Features
"Level Lot"
Exterior Features
Patio/Porch: "Patio"
Fence
"Fenced"
Garage
Type: Off Street, Covered Spaces: 2, Garage Spaces: 2
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