1518 S Sherman Bldg , Unit 1518-1520

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Sold Denver, CO 80210 MLS# 3526836 Sold by Andrea Cocking on 07/29/2022
$1,275,000
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Multi-Family Property Type
5 Bedroom
3 Bathroom
3 Garage
3276.00 Sq Ft
0.14 Acres
1897 Year Built

Overview

This perfectly located Platt Park property offers a unique opportunity to own both sides of a duplex for the price of a single-family home. As a duplex you can live in one side and rent the other for income or rent both sides as strictly an investment property. The property is well maintained and updated over the years and move-in ready! Unit 1518 features a large front porch, 4 bedrooms and 2 baths, a large kitchen and a separate laundry room in the back. This unit is occupied by a single tenant with a lease through January 2023 at $3,250 a month. Unit 1520 (accessible by pathway to the right) features a 2-story house with 1-bedroom, full bath, extra space for an office and full kitchen as well as separate laundry room. In addition, the property has a three car garage accessible from the alley. Just two blocks to the Platt Park, a short walk to Old South Pearl Street and the light rail all just a few blocks from your door on South Broadway. Beautiful zero- scape landscaping with sprinkle system in the front and back yards. The roof was replaced 7 years ago.

New Home Sales Hours

Courtesy Of Red Brick Real Estate
Source: REcolorado

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    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective
    Basement Details
    • Basement? Yes
    • Basement Unfinished
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 3,276
    • Living Area, Finished 2,734
    • Above grade, Finished 2,734
    • Basement, Finished 0
    • Basement, Unfinished 542
    • PSF Total $389.19
    • PSF Finished $466.35
    • PSF Above Grade $466.35
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances Dishwasher,Dryer,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Washer
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls 1 Common Wall
    • Exclusions Seller's personal property
    • Flooring Laminate,Tile,Wood
    • Furnished
    • Interior Features
    • Laundry Availability In Unit
    • Security Features
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms: 3
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 5
    More Room Details

    Unit Information

    Summary

    • Number of Units 2
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels Two
    • Stories
    • Structure Type Duplex
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture
    • Construction Materials Brick
    • Foundation Details Block
    • Roof Architectural Shingles
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features
    • Fencing
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features Front Porch,Patio
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.14
    • Lot Size Dimensions
    • Lot Size SqFt 6,250
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $9,107,142.86
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access Public Road
    • Road Responsibility
    • Road Surface Alley Paved

    Parking/Garage

    Parking Space Summary

    • Parking Features
    • Total Parking Spaces 3
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 0
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling Central Air
    • Green Energy Efficient
    • Heating Forced Air
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Public Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available
    • Water Source Public
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate
    • Cap Rate Calculation
    Actual expense details
      Commission Information
      • Buyer Agency Compensation 2.80%
      • Transaction Broker Compensation 2.80%
      • Compensation Offered
      • Dual Variable Compensation No
      • Commission Modified NA
      • Closing Comments
      Income details
      • Actual Annual Net Income $
      • Gross Income $
      • Income Includes
      • Income Includes Description
      Landleasing details
      • Land Lease Amount
      • Land Lease Amount Frequency
      • Land Lease?
      Projected
      • Other Annual Income $
      • Potential Rental Income Annual $
      • Projected Annual Expense $
      • Projected Annual Net Income $
      • Projected Gross Income $
      • Projected Gross Operating Income $
      • Projected Gross Scheduled Income $
      • Vacancy Credit Losses
      Tax details
      • Annual Tax $4,892.70
      • Legal Description L 5 & 6 BLK 2 FLEMINGS BROADWAY ADD
      • Tax Exemptions
      • Tax ID 5227-08-003
      • Tax Year 2021
      Other
      • Tenant Pays
      • Utilities Metering
      • Utilities Paid By Tenant

      Neighborhood

      Summary

      • Building Name
      • Development Name
      • Park Name
      • Senior Community No
      • Subdivision FLEMINGS BROADWAY ADDITION
      New Home Community
      • Community Description
      • Community MLS #
      • Community Name
      • Community Opening
      • Community Website
      • Current Promotions
      • Development Status
      • Directions from Agent
      • Move In Date
      • New Home Available Options
      • New Home Land MLS #
      • New Home Plan MLS #
      Zoning Details
      • Current Use
      • Incorporated? No
      • Zoning
      • Zoning Jurisdiction

      Other

      Business Details
      • Business Amenities
      • BusinessDescription
      • BusinessType
      • Year Established
      History
      • Original List Price $1,275,000
      Partial Ownership Details
      • Partial Ownership Amount
      • Week Remarks
      • Weeks Available
      Other
      • Home Warranty
      • Ownership Individual
      • Possession
      • Special Listing Conditions None Known
      • Year Built 1897

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      School Zone

      District: Denver 1
      Schools: McKinley-Thatcher Elementary School, South High School, Grant Middle School

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      0 description summary
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