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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 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.

Overview

Property Status
Commercial
Lot Size
6,400 Sq.Ft.
MLS ID
5226187
Property Type
Commercial
Year Built
1956

Features & Amenities

Total Area
1,083 Sq.Ft.
Neighborhood
Baker
Architecture Styles
Traditional
Stories
1
Water Source
Public
Roof
Composition
Lot Features
Level
Parking
Unpaved, Gravel
Heat Type
Forced Air
Air Conditioning
None
Appliances
Dishwasher, Disposal, Oven, Range, Refrigerator
Sewer
Public Sewer
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Other Exterior Features
Garden, Private Yard
Elementary School
Goldrick
Middle School
Grant
High School
Abraham Lincoln
School District
Denver 1
Sales Price
$395,000
Real Estate Tax
$1,971/yr
Zoning
E-SU-DX

Downloads

711 S Lipan Street

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 711 S Lipan Street, Denver, CO 80223

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 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.

Overview

Property Status
Commercial
Lot Size
6,400 Sq.Ft.
MLS ID
5226187
Property Type
Commercial
Year Built
1956

Features & Amenities

Total Area
1,083 Sq.Ft.
Neighborhood
Baker
Architecture Styles
Traditional
Stories
1
Water Source
Public
Roof
Composition
Lot Features
Level
Parking
Unpaved, Gravel
Heat Type
Forced Air
Air Conditioning
None
Appliances
Dishwasher, Disposal, Oven, Range, Refrigerator
Sewer
Public Sewer
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Other Exterior Features
Garden, Private Yard
Elementary School
Goldrick
Middle School
Grant
High School
Abraham Lincoln
School District
Denver 1
Sales Price
$395,000
Real Estate Tax
$1,971/yr
Zoning
E-SU-DX

Downloads

711 S Lipan Street

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 711 S Lipan Street, Denver, CO 80223

711 S Lipan Street
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