$1,115,000
- Beds
- 4
- Baths
- 1.75
- sq ft
- 2,522
885 S Sherman St, Denver, CO 80209
885 S Sherman St
Denver, CO 80209
- 35 days on market
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.
Details
Property type
Single Family Residence
Property condition
Updated/Remodeled
Lot size
6,250 sq ft
Price per sq ft
$443
Year built
1938
Annual property taxes
$3,366
Price History
05/31/2024
![REColorado](/_next/static/media/reColoradoLogo.57f5a7cb.png)
REColorado #4202864
Listed
$1,115,000
Schools & Community
Neighborhood:
Washington Park West
Elementary school:
Lincoln
Middle school:
Grant
High school:
South
High school district:
Denver 1
Status: Active
Tomo last checked: 07/05/2024 at 10:30 PM
Listing updated: 06/30/2024 at 11:43 AM
Listed by: Kristin Harris, Milehimodern Phone #: (303) 876-1073
MLS: REColorado #4202864
![REColorado logo](/_next/static/media/reColoradoLogo.57f5a7cb.png)
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