885 S Sherman St Denver, CO 80209
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.
- Property TypeSingle Family Home
- NeighborhoodWest Wash Park
- CountyDenver
- Taxes$3,366
- HOA/Condo/Coop Fees$0
- Days on Site33 Days
- MLS StatusActive
- MLS ID Number4202864
- Home Size Source Appraiser
- Year Built1938
- Lot Size0.14 Acres
- Full Baths1
- Partial Baths1
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General Features
- Style Cottage/Bung
- Sewer Public Sewer
- Basement Full90%+ Finished Basement
- Number of Stories 2
- Acreage 0.14
- Property Sub Type Single Family Residence
- Garage Spaces 2
- Attached Garage No
- Utilities Natural Gas AvailableElectricity AvailableCable Available
- Zoning U-SU-B2
- Direction Faces East
- Garage Detached
- Construction Brick/Brick Veneer
- Buyer Agent Compensation 2.50 %
Interior Features
- Cooling Central AirCeiling Fan(s)
- Heating Forced Air
- Appliances DishwasherRefrigeratorMicrowaveWater Softener OwnedDisposal
- Interior In-Law FloorplanEat-in KitchenWet BarKitchen Island
- Fireplace Features 2+ FireplacesLiving RoomBasement
- Window Features Window CoveringsDouble Pane Windows
- Fireplace Yes
- Basement Foundation Full90%+ Finished Basement
- Other Interior Features In-Law FloorplanEat-in KitchenWet BarKitchen Island
- Kitchen Level Main
- Design Features Eat-in KitchenWet BarKitchen Island
Exterior Features
- Roof Composition
- Fencing Fenced
- Spa No
- Waterfront Property No
- Lot GuttersLawn Sprinkler SystemCorner LotLevel
- Patio And Porch Patio
- Fences Fenced
- Waterfront No
Community Features
- Senior Community No
- MLS Area Metro Denver
- Accessibility Features Level Lot