A home that pays you! - $927,000.00 (Denver, CO - Mayfair Neighborhood) 1270 Jasmine St. near 13th WOULD YOU LIKE TO LIVE IN A HOME THAT PAID YOU? There are no homes for sale or sold in the 80220 zip code comparable to this amazing 2292 ft2 house where the median sale price of a home is $374 ft2--and rising! No other property in the 80220 zip code has all of the features offered by this house...or offers the income this house provides. The house sits on a 6,250 ft2 lot with a lovely and nicely landscaped front yard, a front porch with a recently installed designer powder-coated railing, a small private patio, and a beautiful and recently pruned Linden tree setting off the professionally painted brick structure. The rear yard is fully fenced with a privacy fence and a gate that closes off the drive if needed. In addition to the two mature Locust trees that allow a relaxing hammock to swing between them, there's a large--about 300ft2--covered patio, a smaller smoking patio at the back of the property, a dog run, a two-car garage--currently a storage unit for a bunch of our kid's stuff and an underused workbench. • The first-floor is an 1146 ft2 traditionally laid out home with 2 bedrooms--one of which has a built-in full-sized Murphy bed--an updated bathroom with a rain shower and a recirculating jetted tub. The living room is graced with a beautifully designed fireplace that's been converted to electric and has a properly wired inset TV alcove above. There's a separate dining room. The kitchen is brand new in 2021, with all new appliances, cabinets, and amenities. In addition, the basement laundry-utility room provides lots of storage and a top-of-the-line washer and drier. New energy-efficient windows were installed in 2021 and 36 inches of insulation was blown into the attic to reduce the cost of heating and cooling the home. The basement apartment that currently serves as an Airbnb would serve a family that needs the two extra bedrooms just as well • a separate and secure entry from the rear entrance of the house • a fully equipped kitchenette • a four-seat dining table • 2 luxuriously furnished bedrooms • an open concept living area • a warm and inviting gas fireplace • the seating area surrounds the fireplace and the TV that sits above it • a luxury bathroom with an often complimented rain shower • a separate desk for remote work • The Blue Door Denver Airbnb [airbnb.com/h/TheBlueDoorDenver] produces about $36,000.00 to $40,000.00 of income per year for the current resident owners. However, it could produce more revenue with a different management approach as we often use it for our visiting children and grandkids, take the property offline when we travel, and strictly require references from our guests. We know this creates a reduction of ten to twenty percent in revenue. The furniture and equipment in the Airbnb space--excluding the artworks--are included in the sale price. Note: We have high-volume internet capabilities in place. Many of our Airbnb guests need higher speeds and our TVs--including the one in the Airbnb--all rely on internet access. I recommend that the buyer continue the service or acquire comparable service if they are not enamored of the current supplier. Most or all of the main floor furnishings and equipment, including the televisions, & kitchen items may be offered to the right buyer for additional consideration--excluding personal items and art-works. SALE BY A REAL ESTATE AGENCY @ $927,000 GARNERS A 3% COMMISSION WE INTEND TO LIST THE PROPERTY SOON. WE WILL CHOOSE A REALTOR TO LIST THE PROPERTY THAT BELIEVES THEY CAN SELL 1270 JASMINE ST FOR OUR ASKING PRICE. IF A REALTOR CAN'T COMMIT TO THAT, THEY WILL MOST LIKELY NOT GET THE LISTING.
Off market
$688,900
1270 Jasmine St #1270, Denver, CO 80220
4beds
2,292sqft
SingleFamily
Built in 1947
6,250 Square Feet Lot
$688,900 Zestimate®
$301/sqft
$3,449 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Other, Hardwood
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,292 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Detached, Off-street, On-street
Features
- Exterior features: Brick
Lot
- Size: 6,250 sqft
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1947
Community & neighborhood
Location
- Region: Denver
Services availability
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Estimated market value
$688,900