3000 S Sherman St - Multi-Family FOR SALE


Englewood, CO 80113
$895,000 USD
303-903-9638
3000 S Sherman St, Englewood, CO for Sale
$895,000 USD
Multi-Family - FOR SALE
1/16
null | 5.55% Cap Rate

3000 S Sherman St
Englewood, CO 80113


HIGHLIGHTS

  • Single family home with duplex behind it
  • Great opportunity for house hacking
  • Fully remodeled units for low maintenance
  • Separate gas and electric meters
  • Private backyards
  • In-unit laundry

OVERVIEW

3000 S Sherman St is a 3 unit property located in Englewood just a few blocks north from Swedish Hospital and 2 blocks off of the popular S Broadway corridor of downtown Englewood. Tenants enjoy a quick walk to shopping, dining, and transportation as well as a close commute to downtown Denver. The property consists of a 3bedroom house with an up/down duplex behind it. The duplex has a 2bed/1bath and 1bed/1bath unit all with their own separate entrances and private backyards. This is an excellent opportunity for a homeowner looking for passive income or a local investor looking for cash flowing property. The house has received a $50,000 remodel in 202 4 including a finished loft while the duplex received a $40,000 remodel in 2023. All of the units have their own gas and electric meters which tenants pay directly and they are currently billed back for water and trash. The house has in-unit private laundry and the duplex has shared laundry machines in the common area.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$346 USD /SF

# OF UNITS

3

PRICE/UNIT

$298,333

CAP RATE

5.55%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,009 SF

ZONING

-

APN/PARCEL ID

1971-34-1-14-001

ASK ABOUT THIS PROPERTY

Jack ShermanNorthPeak Commercial AdvisorsMore Info
303-903-9638

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Jack ShermanNorthPeak Commercial AdvisorsMore Info
303-903-9638

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.