1545 N Sheridan Blvd, Denver, CO 80214

$599,000
1
BD
1
BA
650
SqFt

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List Price
$599,000
Status
ACTIVE
MLS#
2817796
Year Built
1939
Bedrooms
1
Bathrooms
1
Living Area
650
Region
Metro Denver
Subdivision
Edgewood

Property Description

This modest house could be a great first time buyer investment. It sits on a large lot, conveniently located at the convergence of Lakewood, Edgewater, and Denver. The W Colfax and Sheridan corridor has seen sustained residential investment over the past decade steadily narrowing the gap between what this land is and what it can become. The zoning M-G-U at 1545 Sheridan and R-MF at 1555 Sheridan carry no maximum or minimum unit density, leaving you free to determine the right course of action for its future. From adding an ADU to building two new homes with ADUs to maximizing density is all up to you. Both parcels are occupied on month-to-month leases. 1545 Sheridan, as a 1-bed/1-bath residence at $1,600/mo, and 1555 Sheridan as a vacant lot lease at $500/mo- generating $2,100 combined if the added income benefits your vision. Sloan's Lake Park and Bus Stop are just steps away, the Sheridan Station (W Line) is less than half a mile with direct service to Union Station and the Denver Federal Center. The Edgewater Marketplace-Target, King Soopers, Alamo Drafthouse-is within one mile. Walk Score:86.

Additional Information

Taxes
$2,466
Style
Cottage
School District
Jefferson Dist R-1
Elementary School
Edgewater
Middle School
Jefferson
High School
Jefferson
Heating
Forced Air
Utilities
Electricity Available, Cable Available
Garage Spaces
2
Zoning
M-G-U & R-MF, Lakewood

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Calculator source: Real Geeks

Listing courtesy of Julie Leins.

julieleins@kw.com,720-474-0928

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