5540 S Sherman Street

Littleton, CO 80121

Incomes Property  $1,625,000  Sold

07-26-2017 01:59pm

Major Upgrades - New Windows, New Plumbing, New Paint, and Many Units Completely Remodeled With New Tile, Carpet, Cabinets, Microwaves, and Dishwashers. Very Low Maintenance. Good Unit Mix of 1Br and 2Br Units. Within A Mile of Light Rail. Right Off Broadway, Easy Access to Downtown Littleton, HWY 470, and A New King Soopers Nearby. Storage Units and Coin Operated Laundry On-Site.

MLS#
3560112
MLS Originator
REcolorado (Denver)
Off Market Date
06-23-2017 12:00am
Original Price
$1,755,000
Distance to Rail
1.00

Property
Income
Property Subtype
Income
Status
Sold
Status Conditions
None Known
Last Update
07-26-2017 01:59pm
Bedrooms
0
SqFt
7078
Year Built
1961
Der PSF Total
229.58

SqFt Lot
9975.00
SqFt Finished
7078
SqFt Above
7078

Sold Price
$1,625,000
Previous Year Tax
$7,976
Terms and Conditions
Cash, Conventional
Owner Paid Utilities
Gas,Water,Trash
Transaction Type
For Sale

Interior Features
Updated
Appliances
Refrigerator (Kitchen), Stove/Range/Oven
Flooring
Carpet, Tile Floor, Wood Floors
Cooling
Air Conditioning-Individual
Heating
Hot Water
Heating Fuel
Gas

Baths Full
0
Laundry Availability
Shared Laundry in Building,Coin-operated

Base Size
None
Parking Spaces
1
Vehicle Spaces
17
Type
# of Space
L x W
Description
Off-Street
17
-

Building Type
Low Rise (all units)
Roof
Composition Shingles
Construction
Brick
Construction Method
Brick

School District
Littleton 6
Elementary School
Field
Middle School
Goddard
High School
Littleton

Annual Actual Expenses
26260
Annual Projected Expenses
36560
Annual Actual Income
144255
Annual Projected Income
151665
Annual Actual Net Income
117995
Annual Projected Net Income
115105
Unit Furnished
0

PPA
7065217.39
Lot Width
0.00

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 5540 S Sherman Street, Littleton, CO 80121
- Property Type: Incomes Property, - beds, - baths, 7078 SqFT
- Sold Price: $1,625,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$1,625,000 (1)
$1,625,000 (1)
$1,625,000 (1)
$1,625,000 (1)
Area 2 (1-2 miles)
$842,250 (4)
$842,250 (4)
$842,250 (4)
$842,250 (4)
Area 3 (2-3 miles)
$842,250 (4)
$842,250 (4)
$842,250 (4)
$842,250 (4)
Area 4 (3-5 miles)
$842,250 (4)
$975,800 (5)
$975,800 (5)
$975,800 (5)

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