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Status: Active

4701 4703 Sherman St 
Denver, CO 80216

$400,000

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Explore the opportunity! Two house on a 6,250 SF double lot in the Globeville neighborhood. With just over 500 SF, the smaller house (#4701) was originally constructed in 1886, likely as a one or two room dwelling structure with no plumbing (that would come later with an addition). The larger house (#4703) with nearly 700 SF was built in 1923, long before the current Denver Zoning Code was adopted. See Denver Zoning Code for conforming use and reconstruction, especially Sec. 11.2.2.1, for flexibility in rebuilding. Both houses are in fair condition (updated in the past decade), 4701 is a one bedroom, one bath house and 4703 is larger with two bedrooms. The electrical system and the sewer line are recommended for repair or replacement. Currently vacant, both house were leased in the previous year with combined rental income of $2,550/mo. Perfect opportunity for the right Buyer - options: live in one house, rent the other; improve the property and resell; scrape and rebuild; many possibilities! Call Listing Broker, Marie Tapp at 720.207.3566 for more information. Come and discover your next opportunity!
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Bedrooms
3
Baths
2
House Size
1,194 sqft
Year Built
1923
Lot Size
0.14 ac
School District
Denver 1

Location

Market Insights

In the last 30 days, homes for sale in 80216, Denver, CO were on the market for a median of 11 days and 0% of homes sold above list price.

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Interior Information

appliances
Dryer
Refrigerator
Washer
basement
0 Bedrooms
0 Bathrooms
features
Ceiling Fan(s)
Eat-in Kitchen
flooring
Wood
Heating & Cooling
Other
Forced Air
main level
0 Bedrooms
0 Bathrooms
upper level
0 Bedrooms
0 Bathrooms

Exterior Information

features
Covered

Property Information

construction
Frame
Wood Siding
lot
Level
neighborhood
Globeville - Platte Farm
parking
2 Spaces
roof
Metal
sewer
Public Sewer
stories
One
  • Listed By Marie Tapp
  • MT@MarieTapp.com
  • (720) 207-3566
  • Studio 7G Real Estate
  • (720) 207-3566
  • MLS 2679767

Monthly Payments Calculator

Estimated Monthly Cost

$2,641

30 year fixed·6.9% interest rate
Principal & Interest
$2,108
Property Taxes
$333
Home Insurance
$200
HOA Fees
$0
%

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%
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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