1201 S Sherman Street, Denver, CO 80210

$900,000
4
BD
2
BA
1,728
SqFt

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Sold Price
$900,000
List Price
$950,000
Closing Date
Sep 20, 2024
Type
Multifamily
Property Sub Type
Single Family Residence
Status
CLOSED
MLS Number
6695864
Architectural Style
Contemporary
Structural Style
Contemporary
Bedrooms
4
Bathrooms
2
Sqft Total
1,728
Neighborhood
Platt Park
Year Built
1954

Property Description

WOW, this is a fantastic duplex in the heart of Platt Park, a great place to invest your hard- earned money. Completely renovated in 2022 and currently enjoyed by loyal tenants, this is an excellent investment for someone looking to invest in real estate in a great Denver submarket. Easily rented, or turn this property into your heart’s desire and take it back to a single family home once the leases expire. Already zoned for an ADU (special conditions may apply) this property provides numerous possibilities. The property comes with an oversized two car garage, a super bonus often absent from these duplex rentals in central Denver. Get top rental rates with this fully renovated property and enjoy the benefits of current cash flow. To protect tenants from unnecessary showings, this property is shown by appointment only to serious investors; no casual curious folks, sorry. Property includes a nice, quiet yard; fully fenced for animal friends. The upstairs enjoys a front covered patio and both units share a nice back patio. Located with easy access to the RTD bus line, South Platte River bike trail, wo light rail stops, and all that Pearl Street and South Broadway have to offer in Platt Park. Enjoy a peaceful, quiet location that's also close to superb restaurants, shops, bars, grocery stores and more, all within blocks of the property. This is the investment property you've been waiting for, ready for the enjoyment of tenants and owners alike! Don't worry about lots of costly repairs as the systems, appliances, and interior features are all nearly NEW. This is a TURN-KEY investment opportunity!

Additional Information

Lot Size Acres
0.1
Lot Size Sq Ft
4,380
Tax Amount
$3,244
Tax Year
2023
Exterior Features
Private Yard
Sewer
Public Sewer
Flooring
Carpet, Tile, Wood
Basement Type
Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
Heating
Forced Air, Natural Gas
Cooling
Central Air
School District
Denver 1
Elementary School
McKinley-Thatcher
Middle Or Junior School
Grant
High School
South
Parking Total Searchable
2
Parking Features
Oversized

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Hamilton Hahn LLC . kit@hamiltonhahn.com,303-916-5110

Selling Office: Kentwood Real Estate Cherry Creek.