2411 S Josephine Street

Property Description

Excellent Rental or Investment Opportunity in Observatory Park!
Located just 1 block southeast of the University of Denver (DU), this home offers strong rental potential and long-term value. With 4 large bedrooms (2 upstairs, 2 on main level) and no basement bedrooms, the layout is ideal for both investors and owner-occupants.

Key Features:
4 Spacious Bedrooms (2+2 configuration).

2 Full Bathrooms (1 up / 1 lower).

Center Island Kitchen with electric range (2024), fridge (2020), dishwasher (2020), and disposal.

Wood Floors (resurfaced in 2020).

Double Pane Windows for efficiency

Cool A/C via Evaporative Cooler (new in 2023).

Efficient Boiler.

Covered Rear Patio and Fenced Backyard.

Two Storage Sheds + Basement Storage Area.

Washer & Dryer Included.

Off-Street Parking: Partial carport + 2 paved off alley spaces.

Recent Improvements (Over $30,000 Invested):
2024: New Boiler Water Heater ($3,647), Electric Range ($658).

2023: New Evaporative Cooler ($7,333), Boiler Tank Replacement ($515).

2020: LG Refrigerator ($600), Dishwasher ($535), Refinished Wood Floors ($1,125), Full Interior Paint.

2019: New Hail/Wind Resistant Roof ($7,000).

2012: Backyard Concrete Pad & Fencing ($8,000).

This property is well positioned for consistent rental income or appreciation. Don't miss this opportunity in a prime location near DU, public transit, shops, and restaurants!

*Some photos are from several years ago.*

Overview

Property Status

Active Under Contract

Lot Size

7,500 Sq.Ft.

MLS ID

6436601

Property Type

Residential

Year Built

1960

Features & Amenities

Neighborhood

Denver

Water Source

Public

Roof

Composition

Lot Features

Level

Heat Type

Baseboard

Air Conditioning

Evaporative Cooling

Other Interior Features

Built-in Features, Kitchen Island

Sewer

Public Sewer

Substructure

Concrete Perimeter

Other Exterior Features

Private Yard, Rain Gutters

Elementary School

University Park

Middle School

Merrill

High School

South

School District

Denver 1

Sales Price

$750,000

Real Estate Tax

$3,465/yr

Zoning

U-SU-C

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