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.
Sold for $300,000 on 05/09/24
$300,000
3851 S King Street, Denver, CO 80236
10beds
9baths
7,390sqft
Triplex
Built in 1960
-- sqft lot
$1,027,100 Zestimate®
$41/sqft
$1,538 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 10, 2024 at 09:26am
Listed by:
William S. Lawrence 303-704-5840 william@c21prosperity.com,
Century 21 Prosperity
Bought with:
William S. Lawrence, 100088430
Century 21 Prosperity
Source: REcolorado,MLS#: 4592175

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 9
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Unfinished
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 7,390
- Total interior livable area: 7,390 sqft
- Finished area above ground: 6,267
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Details: Off Street Spaces: 5
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 031972051
- Zoning: PUD
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Brick, Frame, Stone
- Roof: Membrane,Other
Condition
- Fixer,Under Construction
- New construction: Yes
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Denver
- Subdivision: City Of Sheridan
Other
Other facts
- Listing terms: Cash,Conventional,Other
- Ownership: Agent Owner
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,027,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,027,100