20 Beds
10 Baths
7,500 SqFt
20 Beds
10 Baths
7,500 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $246
Subdivision Westwood
MLS Listing ID 3064703
Bedrooms 20
HOA Y/N No
Abv Grd Liv Area 7,500
Year Built 1956
Annual Tax Amount $9,525
Tax Year 2024
Property Sub-Type Quadruplex
Source recolorado
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
Zoning E-TU-C
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Roof Type Unknown
Total Parking Spaces 16
Garage No
Building
Lot Description Level
Sewer Public Sewer
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Force
Middle Schools Dsst: Byers Middle School
High Schools John F. Kennedy
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "