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Home » Real Estate » CO » Denver » 80216 » 4926 Sherman St, Denver, CO, 80216
$550,000

4926 Sherman St, Denver, CO, 80216

3 Beds
1 Bath
1,242 Square Feet
RARE OPPORTUNITY TO OWN AN AMAZING RENOVATED HOUSE WITH AN ADU THAT ARE BOTH LICENSED CITY OF DENVER RENTALS. THIS AMAZING OPPORTUNITY SITS OFF OPEN SPACE ON ARGO PARK IN THE DESIRABLE GLOBEVILLE NEIGHBORHOOD. WOULD MAKE AN INCREDIBLE INVESTMENT OR MOVE IN ONE UNIT AND GET EXTRA RENTS FROM THE SEPARATE ADU/MOTHER IN LAW SUITE. THE UPSTAIRS/MAIN HOUSE IS VACANT AND WAS RENTED FOR $2100 A MONTH. THE LOWER/GARDEN LEVEL ADU WITH A SEPARATE ENTRANCE RECEIVES $1250 A MONTH AND IS RENTED THROUGH APRIL 2025. THE ADU/LOWER LEVEL ALSO HAS A ENTRANCE/STAIRS IN THE HOUSE SO A BUYER COULD USE THE ADU AS A BASEMENT. THIS GREAT PROPERTY HAS UNPARALLELED CITY VIEWS ALONG WITH AN INCREDIBLY PRIVATE BACKYARD THAT HAS A HUGE NEWER DECK THAT'S PERFECT FOR ENTERTAINING AND SPENDING TIME OUTDOORS. THERE IS SECOND BACKYARD AREA THAT HAS A OVERSIZED FLAGSTONE PATIO AND OFFERS EVEN MORE OPPORTUNITY TO ENJOY THE PRIVACY AND VIEWS. THIS PROPERTY IS OFF ARGO PARK OPEN SPACE WITH TRAILS AND IS ALSO A FEW BLOCKS TO GLOBEVILLE/ARGO PARK. THERE ARE NO NEIGHBORS IN THE BACKYARD BECAUSE OF THE PARK/OPEN SPACE. THE MAIN KITCHEN HAS NEWER STAINLESS STEELE APPLIANCES WITH QUARTZ COUNERS. THE ADU HAS NEWER BUTCHER BLOCK COUNTERS AND NEW APPLIANCES AS WELL AS A REFINISHED 3/4 BATHROOM. NEW SYSTEMS INCLUDE THE FURNACE, HOT WATER HEATER AND ELECTRIC PANEL. THE HOUSE ALSO HAS A SWAMP COOLER.
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 3
Property Sub Type Income Property
Square Feet 1,242
MLS # 4600042

Market Trends

New Properties On Market
14
27% Increase In New Listings
Average Asking Price
$575,128
$158,492 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$488
$116 Increase In List Price/Sq. Ft.
Average Days On Market
19
18 Day Decrease In Days On Market
Data as of Nov 15, 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 10/11/2024 at 4:20 am