Denver, CO 80210,1518 S Sherman St
Denver, CO 80210,1518 S Sherman St
Denver, CO 80210,1518 S Sherman St
47
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$1,295,000
Est. payment /mo
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5 Beds
3 Baths
2,734 SqFt
Open Sat 11AM-1PM

1518 S Sherman St Denver, CO 80210

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Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 2,734 sqft

Subdivision Platt Park

MLS Listing ID 9886633

Style Cottage/Bung

Bedrooms 5

HOA Y/N false

Abv Grd Liv Area 3,276

Year Built 1897

Annual Tax Amount $5,330

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Income Property

Source REcolorado

Property Description

Positioned on a 6,250 sq ft double lot, in the heart of Platt Park, this rare, FULL side-by-side duplex offers a turnkey investment with proven rental income. It's an ideal setup for house hackers looking to offset their mortgage, a private yet convenient mother-in-law suite or a phenomenal dual rental investment! This property includes two fully separate units-1518 (North Unit) and 1520 (South Unit)-each with private entrances, kitchens, laundry, patios and yard access, ideal for all living strategies.

Unit 1518 is a spacious 4-bedroom, 2-bath residence featuring a bright, open layout and tasteful updates including two brand new GORGEOUS bathroom remodels. Most recently leased at $3,200/month-below market-to reliable, long-term tenants, it provides stable income with room to increase rents or an amazing place to simply call Home.

Unit 1520, a 1-bedroom, 1-bath unit, has consistently averaged $2,700/month on Airbnb with 30 day stay minimums. With vaulted ceilings, an open kitchen, and an upstairs, private suite, it appeals to both short-term and mid-term tenants and was once a spectacular pied-a-terre!

Each residence offers its own private outdoor retreat. At 1518, you'll find a charming bungalow-style front porch, perfect for relaxing, along with access to a spacious backyard featuring a private pergola. Meanwhile, 1520 boasts a cozy and secluded front porch-ideal for enjoying your morning coffee-and its own entry to the large backyard, easily tailored to your desired level of privacy. A rare three-car garage adds secure parking and additional rental appeal.

Located just blocks from South Pearl Street, the Platt Park Farmers Market, two light rail stops, and the upcoming NWSL Stadium, this two unit duplex combines prime location with proven cash flow. Whether you're focused on steady long-term tenants, furnished mid-term rentals, or short-term income, this property delivers both immediate returns and long-term equity growth.

Location

State CO

County Denver

Area Metro Denver

Zoning U-SU-B1

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central Air

Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave

Exterior

Garage Spaces 3.0

Utilities Available Natural Gas Available, Electricity Available, Cable Available

Roof Type Fiberglass

Handicap Access Level Lot

Porch Patio

Building

Lot Description Level

Story 2

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Two

Structure Type Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Mckinley-Thatcher

Middle Schools Grant

High Schools South

School District Denver 1

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner


Information and Real Estate Services (IRES)
Listed by Kevin Shelledy • Compass - Denver • kevin.shelledy@compass.com,720-357-2650

Learn More About LPT Realty

Rebecca Askin

Rebecca Askin

Agent | License ID: 100104388

+1(720) 313-2579

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1518 S Sherman St