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Home » Real Estate » CO » Denver » 80223 » 2275 S Cherokee St, Denver, CO, 80223
$1,549,000

2275 S Cherokee St, Denver, CO, 80223

9 Beds
5 Baths
3,738 Square Feet
Amazing investment opportunity to buy, hold or redevelop in the very desirable Overland Park Neighborhood. 2275 & 2281 S Cherokee are two separate Mid-Century single family detached homes next door to each other that also have full basements. There are 4 two-bedroom units plus a one-bedroom unit. This is on a huge double oversized lot that is 12,500 square feet with mountain views and 100 SF of street frontage. There is new construction all around and the zoning allows for multiple units on this site (U-TU-C). These units have been nicely updated with wood flooring, newer carpet and appliances. The property also has a newer roof. There is an on site Landry room. Plenty of privacy with huge fenced in backyards and sprinklers. This property provides a large amount of parking. There is a two car garage plus 8 off street parking spaces. The property is under rented and protected rents are higher. All units are licensed rentals with the City. 1 block to the light rail and public transportation!! This prime location puts you right at vibrant South Broadway where you can walk to a plethora of shops, restaurants, and bars. Also providing easy light rail access, and unbeatable proximity to DU, Overland Golf Cours, Levitt Pavilion, Platte River Trail, Evans Station and several parks including Ruby Hill, Rosedale and Harvard Park. Don't let this rare opportunity pass you by! It is the buyer and buyers agents responsibility to verify total square foot and all building site details and redevelopment.
Offered By
Brian Friedman brian.friedman@cbrealty.com,303-819-4909, Coldwell Banker Global Luxury Denver

Property Details

Property Type Residential Income
Status Active
Bedrooms 9
Property Sub Type Income Property
Square Feet 3,738
MLS # 2865102

Market Trends

New Properties On Market
17
13% Increase In New Listings
Average Asking Price
$714,617
$146,409 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$385
$69 Decrease In List Price/Sq. Ft.
Average Days On Market
19
24 Day Decrease In Days On Market
Data as of Nov 14, 2024. Remaining statistics above are calculated on activity within the period from Sep 01, 2024 to Oct 31, 2024.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 11/11/2024 at 10:33 pm