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Listing Source
With courtesy of Milehimodern Posted by REcolorado (Denver)
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ('IDX') program of RECOLORADO®, Real estate listings held by brokers other than RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
885 S Sherman Street
Denver, CO 80209
— Denver
County — West Wash Park Neighborhood
Investment property with a solid track record of income. This Airbnb property has generated over $53k of income over the last year. As a fully renovated West Wash Park home, it offers a fully finished lock-off basement. Additionally, the garage studio is the perfect place to run your home business, use as a production studio, music room and more. A classic red brick exterior w/ a quaint front porch invites entry into a cozy living area grounded by a fireplace. Sliding glass barn doors open into a bright bedroom ideal for a home office. The renovated kitchen features soft-close drawers and cabinetry and a window above the sink overlooking the fully fenced backyard. A sizable primary bedroom is complemented by an adjacent serene bath. A fully finished 2nd floor bonus space offers a wet bar w/ a mini refrigerator and freezer, lounge space with storage, bedroom and dressing room area. Downstairs, the finished basement w/ rare, 94-inch ceilings hosts two bedrooms, a full bath, rec room, room for a side-by-side washer and dryer and a kitchenette w/ room for a full-size refrigerator and coffee station. The finished garage w/ running water features two rooms w/ the potential for an office or studio. A central location offers proximity to the light rail station, I-25, South Pearl Street, South Broadway and Wash Park. The owner has the basement set up as an Airbnb with a history of proven rental income. The unit rents quickly due to the tasteful renovation and proximity to the light-rail station, Wash Park and S Pearl St. The two car garage has been converted to studio space w/ two rooms and finished loft/storage space. It features insulation, drywall, electricity, running water and central a/c with a thermostat in each room. The owner has put her heart and soul into the renovations, which are obvious at every turn. You can enjoy this home as a single family or as investment with the ability for income, there are so many possibilities.
Listing Details
Property Type
Residential
Listing#
4202864
Source
REcolorado (Denver)
Last Updated
07-30-2024 05:26pm
Status
Expired
Off Market Date
07-30-2024 12:00am
Property Details
Property Subtype
Single Family Residence
Sold Price
$1,065,000
Original Price
$1,115,000
Location
Denver, CO 80209
SqFT
2578.00
Year Built
1938
Acres
0.14
Bedrooms
4
Bathrooms
2
Levels
Two
Map
Property Level and Sizes
SqFt Lot
6250.00
Lot Features
Built-in Features, Ceiling Fan(s), Eat-in Kitchen, In-Law Floor Plan, Kitchen Island, Quartz Counters, Utility Sink, Wet Bar
Lot Size
0.14
Basement
Finished, Full
Financial Details
Previous Year Tax
3366.00
Year Tax
2023
Primary HOA Fees
0.00
Interior Details
Interior Features
Built-in Features, Ceiling Fan(s), Eat-in Kitchen, In-Law Floor Plan, Kitchen Island, Quartz Counters, Utility Sink, Wet Bar
Appliances
Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Water Softener
Laundry Features
In Unit
Electric
Central Air
Flooring
Tile, Vinyl, Wood
Cooling
Central Air
Heating
Forced Air, Natural Gas
Fireplaces Features
Basement, Living Room
Utilities
Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected