Active Under Contract

3851 S King Street, Denver, CO, 80236

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Listing Provided Courtesy of CENTURY 21 Prosperity

3851 S King Street, Denver, CO, 80236

10 Beds
9 Baths
7,390 SqFt
0 Acres

Listing Id

REC4592175
$595,000

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.

Property Details
Price:
$595,000
MLS #:
REC4592175
Status:
Active Under Contract
Beds:
10
Baths:
9
Address:
3851 S King Street
Type:
Triplex
Structure:
Triplex
Subdivision:
City of Sheridan
City:
Denver
State:
CO
Finished Sq Ft:
6,267
Total Sq Ft:
7,390
ZIP:
80236
Year Built:
1960
Interior
Cooling
Central Air
Heating
Forced Air
Exterior
Construction Materials
Brick, Frame, Stone
Parking Spots
5
Roof
Membrane, Other
Schools
School District:
Sheridan 2
Elementary School:
Sheridan
Middle School:
Sheridan
High School:
Sheridan
Financial
Buyer Agent Compensation
2.8%
Tax Year
2022
Taxes
$3,726

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3851 S King Street
Denver, CO