982 S Sheridan Denver, CO 80226
20 Beds
10 Baths
7,500 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Subdivision Westwood
MLS Listing ID IRE3064703
Bedrooms 20
HOA Y/N No
Year Built 1956
Annual Tax Amount $9,525
Tax Year 2024
Source ires
Property Description
With all major renovations completed, the asset is positioned as a low-risk, turnkey acquisition with predictable operations and limited ongoing capital requirements. Several in-place leases remain below market, allowing a new owner to enhance returns through natural lease turnover rather than speculative value-add strategies. Additionally, individual metering for gas and electricity provides a straightforward opportunity to improve expense recoveries and increase net operating income.
982 S Sheridan Blvd represents an attractive opportunity for investors seeking a stabilized multifamily asset with multiple day-one income growth levers, durable tenant demand, and long-term appreciation supported by Denver's strong market fundamentals.
Location
State CO
County Denver
Community Westwood
Area Metro Denver
Zoning E-TU-C
Interior
Heating Forced Air
Cooling Central Air
Exterior
Parking Features Off Street
Garage Spaces 16.0
View Y/N No
Roof Type Other
Garage Yes
Building
Lot Description Level
Sewer Public Sewer
Level or Stories One
Structure Type Brick
New Construction false
Schools
Elementary Schools Force
Middle Schools Dsst: Byers Middle School
High Schools Denver District 1
School District Denver District 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Private Owner
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