74 S Sherman St, Denver, CO 80209

$875,000
4
BD
4
BA
2,538
SqFt

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List Price
$875,000
Status
ACTIVE
MLS#
1519541
Year Built
1900
Bedrooms
4
Bathrooms
4
Living Area
2,538
Region
Metro Denver
Subdivision
Washington Park West

Property Description

Amazing opportunity to own a classic Denver Square and great income producing, low maintenance quadplex in highly desirable Wash Park location. Offered at an attractive 6.58% cap rate. Several solid long-term tenants in place. Priced well under market for a quick sale. Just appraised for $1,075,000. Appraisal available in supplements. Tenants enjoy the quiet street, landscaped yard and community laundry. Out the door you have all the bars, restaurants and shops that South Broadway has to offer! And of course, don't forget the easy access to Wash Park! There is a detached garage that is currently rented for $175, and an additional off street parking space. Current rent roll and 2025 Income & Expenses can also be found in supplements.

Additional Information

Taxes
$5,344
Style
Foursquare
School District
Denver District 1
Elementary School
Dora Moore
Middle School
Dora Moore
High School
South
Heating
Hot Water
Cooling
Window/Wall, Ceiling Fan(s)
Utilities
Natural Gas Available, Electricity Available, Cable Available, Master Metered, Separate Meters
Garage Spaces
1
Tenant Pays
Gas, Electricity
Zoning
G-MU-3

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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Matt Stephens.

mcs80209@yahoo.com,303-946-0706

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