Investment property with a solid tr ack 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 statin, 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.

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on 885 S Sherman St
in Denver, CO
Presented by Kristin Harris at
Milehimodern.


Property MLS #4202864 from REcolorado

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 4
Bedrooms On Basement Level: 2
Bedrooms On Main Level: 2
Bedroom 1 Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Basement
Bedroom 4 Level: Basement

+ Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
3/4 Bathrooms: 1
Bathrooms On Main Level: 1
Bathrooms On Basement Level: 1

+ Interior Features

Built-in Features
Ceiling Fan(s)
Eat-in Kitchen
In-Law Floor Plan
Kitchen Island
Quartz Counters
Utility Sink
Wet Bar
Flooring: Tile, Vinyl, Wood
Window Features: Double Pane Windows, Window Coverings

+ Appliances

Bar Fridge
Convection Oven
Cooktop
Dishwasher
Disposal
Microwave
Refrigerator
Water Softener
Laundry Features: In Unit

+ Other Rooms

Bathroom (3/4) Level: Main
Bathroom (Full) Level: Basement
Utility Room Level: Basement
Extra Room-1 Level: Upper
Family Room Level: Basement
Living Room Level: Main
Basement Description: Finished, Full

+ Heating and Cooling

Cooling Features: Central Air
Fireplace Features: Basement, Living Room
Heating Features: Forced Air, Natural Gas
Number of Fireplaces: 2

+ Kitchen and Dining

Dining Room Level: Main
Kitchen Level: Main

+ Exterior and Lot Features

Lighting
Private Yard
Rain Gutters
Fencing: Full
Patio And Porch Features: Covered, Front Porch, Patio
Road Frontage Type: Public Road
Road Responsibility: Public Maintained Road
Road Surface Type: Paved

+ Land Info

Lot Description: Corner Lot, Landscaped, Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
Lot Size Acres: 0.1434803
Lot Size Square Feet: 6250

+ Garage and Parking

Garage Spaces: 2
Parking Features: Dry Walled, Finished, Storage
Parking Total: 2

+ School Information

Elementary School: Lincoln
Elementary School District: Denver 1
High School: South
High School District: Denver 1
Middle School: Grant
Middle or Junior School District: Denver 1
+ Display Complete School Details

Lincoln Elementary School is a public elementary school located approximately 0.3 miles away.
Map directions

Grant Middle School is a public middle school located approximately 1.1 miles away.
Map directions

South High School is a public high school located approximately 1.2 miles away.
Map directions

The Montessori School Of Washington Park is a private elementary school located approximately 0.7 miles away.
Map directions

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 3366.00
Source Listing Status: Active
County: Denver
Tax Year: 2023
Source Property Type: Residential
Exclusions: Washer, Dryer, Refrigerator (basement), TV and mount (dining area)
Source Neighborhood: West Wash Park
Parcel Number: 5156-10-012
Subdivision: West Wash Park
Zoning: U-SU-B2
Property Subtype: Single Family Residence
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-05-31
$1,115,000
REcolorado

+ Building and Construction

Total Square Feet Living: 2522
Year Built: 1938
Above Grade Finished Area: 1463
BelowGradeFinishedArea: 1059
Below Grade Unfinished Area: 56.00
Construction Materials: Brick
Direction Faces: East
Levels: Two
Property Age: 86
Property Condition: Updated/Remodeled
Roof: Composition
Structure Type: House
Architectural Style: Bungalow

+ Utilities

Electric: 220 Volts
Sewer: Public Sewer
Cable Available
Electricity Connected
Internet Access (Wired)
Natural Gas Connected
Water Source: Public

+ Home Features

Security Features: Carbon Monoxide Detector(s), Smart Locks