Turnkey Fourplex Investment Opportunity with Expansion Potential & Adjacent Land Upside!
Exceptional value-add multifamily investment opportunity located in a Qualified Opportunity Zone in the rapidly growing Sheridan/Denver market! This remodeled income-producing property offers a rare combination of strong in-place cash flow and future development potential.
Spanning approximately 4,515 sq ft,the property features a desirable unit mix including 2-and 3-bedroom units plus a studio. One of the property's standout value-add features is a unit currently leased to two separate tenants, generating enhanced rental income. All units are currently occupied, and leases will transfer with the sale.
The owner has invested heavily in recent capital improvements, including three new furnaces, HVAC upgrades, updated electrical service, critical sewer infrastructure work, and replacement of most windows throughout the property. Tenant amenities set this property apart with parking for 15+ vehicles, private yard areas, multiple storage sheds/outbuildings, and even a basketball court.
Positioned on an oversized lot with favorable zoning characteristics, the property also presents compelling long-term redevelopment and expansion potential. Current zoning may allow future expansion up to 8 units, subject to Buyer obtaining all required approvals and permits from the City of Sheridan. Seller is separately offering the adjacent land parcel located at 3435 ½ W Mansfield Ave (MLS #3939482), creating exciting possibilities for expanded parking,or future development opportunities.
Conveniently located minutes from Downtown Denver,Santa Fe Drive, and US-285, this property benefits from strong rental demand driven by accessibility, redevelopment activity, and proximity to major employment, shopping and dining.
Ideal for investors seeking immediate cash flow, long-term appreciation, or future development upside in one of the Denver metro area's evolving investment corridors.
4,515 Sq Ft
0.5 Acres privados Tamanho do lote
investimento
402 US$ Imposto mensal
Construído em 1920
MLS/ID do anúncio 4416130
Calhas de chuva
Quintal privado
Cooling - Evaporative Cooling
Arrefecimento - Ar condicionado central
Construction - Wood Siding
Construction - Block
Máquina de lavar
Frigorífico
Gama
Micro-ondas
Public Water
Public Sewer
Mountains View
Composição
Parking - Unpaved
Lot - Near Public Transit
Lot - Level
Aquecedor de água a gás
Secadora
Eliminação
Máquina de lavar louça
Acesso acessível com rampa
In Unit Laundry
Heating - Forced Air
Vinil
Parcial
CUSTO MENSAL TOTAL
0 US$
0 US$
0 US$
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. […] PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
© {{YEAR}} METROLIST, INC., DBA RECOLORADO® – All Rights Reserved.