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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,267 sqft
Price per Sqft $47
Subdivision City Of Sheridan
MLS Listing ID 4592175
Sold Date 05/09/24
Bedrooms 10
HOA Y/N No
Abv Grd Liv Area 6,267
Originating Board recolorado
Year Built 1960
Annual Tax Amount $3,726
Tax Year 2022
Property Description
Investor Opportunity to renovate 3 units and build 3 additional townhomes with an annual projected income of $154,800. Everything is in place to break ground on this project immediately. This property has been re-zoned to accommodate the construction of three additional townhomes to the west. The project is fully permitted and has been approved by the city of Sheridan. The permit authorizes the full renovation of the existing structure to accommodate three dwelling units, as well as the new construction of three townhomes to the west, for a total of six units, plus six separate storage units in the basement of the existing unit. Full asbestos mitigation has been performed on the existing structure. The seller can provide a full and complete plan set for review and use. Please schedule any showings on ShowingTime and reach out to the listing agent for additional access details. Some of the data provided in this listing assumes the buyer will complete the project as laid out in the corresponding plan set.
Location
State CO
County Arapahoe
Zoning PUD
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Roof Type Membrane,Other
Total Parking Spaces 5
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick,Frame,Stone
Schools
Elementary Schools Sheridan
Middle Schools Sheridan
High Schools Sheridan
School District Sheridan 2
Others
Senior Community No
Ownership Agent Owner
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with CENTURY 21 Prosperity
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Diana Nelson
Team Leader | License ID: FA100065608
Team Leader License ID: FA100065608