Save
Ask
Tour
Hide
Share
$2,900,000
9 Days On Site

44 S Sherman Street
Denver, CO 80209

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
8,998
SqFt
$322
/SqFt
1960
Built
County:
Denver

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 720-419-0470
Is this the home for you? We can help make it yours.
720-419-0470
44 S Sherman Street44 S Sherman Street44 S Sherman Street44 S Sherman Street
Save
Ask
Tour
Hide
Share

NICE 13-UNIT APARTMENT BUILDING WITH GREAT INCOME AND FABULOUS POTENTIAL! Great solid-brick apartment building in great condition in desirable quiet residential neighborhood. Walking distance to south Broadway corridor, including restaurants, retail, and nightlife. Close to Baker & West Washington Park neighborhoods. Professionally managed building & well-maintained with solid, strong income and tremendous upside potential! Newer windows throughout building, 8 of 13 units have been totally remodeled over past few years. Secure building, four off-street parking spot, four balcony units - building consists of two studio, ten one bedroom, and one two-bedroom penthouse apartment. Low vacancy rate. 2024 Cap Rate was 4.79, but 06/2025 rent increases bring projected new Cap Rate of 6.42 with room for additional increases. Operating costs included remodeling expenses of some units. 2024 assessed value is $3,497,000. This is truly a rare opportunityto own a great income-producing multi-familly property with tremendous upside. Hurry - this property will not last long!

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$2,900,000
Days On Site 
9 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,998 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1960
MLS® Number 
4847818
Status 
Active
Property Tax 
$18,265
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.15
Additional Property Use 
Multi-FamilyResidential
Building Features 
Coin Laundry
Number Of Stories 
3
Parking 
Lighted
Parking Spaces 
4
Property Sub Type 
Multi Family
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
8998
Style 
Traditional
Utilities 
Natural Gas AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer Connected
Water Source 
Public
Zoning 
G-MU-3
Interior Features
Laundry Features 
Common Area
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Brick
Exterior 
BalconyLighting
Lot Features 
Near Public Transit
Roof 
Membrane
Community Features
Financing Terms Available 
CashConventional
Roads 
Alley Paved
Listing courtesy of Bunnell Real Estate Services [email protected]



The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO real estate listings held by brokers other than Bunnell Real Estate Services are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share