3851 S King St, Denver, CO 80236
- $300,000
- 10
- BD
- 9
- BA
- 6,267
- SqFt
- Sold Price
- $300,000
- List Price
- $595,000
- Closing Date
- May 09, 2024
- Type
- Multifamily
- Property Sub Type
- Triplex
- Status
- CLOSED
- MLS Number
- 4592175
- Bedrooms
- 10
- Bathrooms
- 9
- Sqft Total
- 6,267
- Year Built
- 1960
Property Description
Investor Opportunity to renovate 3 units and build 3 additional townhomes with an annual projected income of $154,800. Everything is in place to break ground on this project immediately. This property has been re-zoned to accommodate the construction of three additional townhomes to the west. The project is fully permitted and has been approved by the city of Sheridan. The permit authorizes the full renovation of the existing structure to accommodate three dwelling units, as well as the new construction of three townhomes to the west, for a total of six units, plus six separate storage units in the basement of the existing unit. Full asbestos mitigation has been performed on the existing structure. The seller can provide a full and complete plan set for review and use. Please schedule any showings on ShowingTime and reach out to the listing agent for additional access details. Some of the data provided in this listing assumes the buyer will complete the project as laid out in the corresponding plan set.
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Additional Information
- Tax Amount
- $3,726
- Water Source
- Public
- Sewer
- Public Sewer
- Basement Type
- Unfinished
- Heating
- Forced Air
- Cooling
- Central Air
- School District
- Sheridan 2
- Elementary School
- Sheridan
- Middle Or Junior School
- Sheridan
- High School
- Sheridan
Mortgage Calculator
Courtesy of CENTURY 21 Prosperity . william@c21prosperity.com,303-704-5840
Selling Office: CENTURY 21 Prosperity.