$1,115,000
Active
34 Days Online
4 Beds2 Baths2,578 SQFT
Active

885 S Sherman St Denver, CO 80209

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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

Schools

School District
Denver 1
Elementary School
Lincoln
Middle School
Grant
High School
South

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Monthly Payment (Est.)

$5,905
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