Denver, CO 80223 2275 S Cherokee St

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Presented By: Coldwell Banker Global Luxury Denver; brian.friedman@cbrealty.com,303-819-4909
  • MLS# 2865102
  • 10/29/2024
  • Request Tour
  • Request Info
  • Beds • 9
  • Baths • 5
  • SQFT • 3,738
  • Garage • 2

Home Details

Huge 100K price reduction!! Amazing investment opportunity to buy, hold or redevelop in the very desirable Overland Park Neighborhood. 2275 & 2281 S Cherokee are two separate Mid-Century single family detached homes next door to each other that also have full basements. There are 4 two-bedroom plus a one bedroom unit ADU. This is on a huge double oversized lot that is 12,500 square feet with mountain views and 100 SF of street frontage. There is new construction all around and the zoning allows for multiple units on this site (U-TU-C). These units have been nicely updated with wood flooring, newer carpet and appliances. The property also has a newer roof. There is an on site Landry room. Plenty of privacy with huge fenced in backyards and sprinklers. This property provides a large amount of parking. There is a two car garage plus 8 off street parking spaces. Huge opportunity to house hack, do minor updating and raise rents with new tenants and to make this a superb investment. As of July 1st, all 4 units will be vacant. Also, all unite are licensed rentals with the City. 1 block to the light rail and public transportation!! This prime location puts you right at vibrant South Broadway where you can walk to a plethora of shops, restaurants, and bars. Also providing easy light rail access, and unbeatable proximity to DU, Overland Golf Cours, Levitt Pavilion, Platte River Trail, Evans Station and several parks including Ruby Hill, Rosedale and Harvard Park. Don't let this rare opportunity pass you by! It is the buyer and buyers agents responsibility to verify total square foot and all building site details and redevelopment.
Presented By: Coldwell Banker Global Luxury Denver; brian.friedman@cbrealty.com,303-819-4909

Interior Features for 2275 S Cherokee St

Bedrooms

Total Bedrooms9

Bathrooms

Total Baths5

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area1869
Air Conditioning Y/NNo
BasementFull
Below Grade Finished Area1869
Fireplace Y/NNo
Heating Y/NYes

General for 2275 S Cherokee St

AccessibilityLevel Lot
AppliancesRefrigerator
Architectural StyleContemporary/Modern, Ranch
Attached Garage Yes
Cap Rate5.5
CityDenver
Construction MaterialsBrick/Brick Veneer
CountyDenver
ElectricElectric, Separate Meter Electricity
Elementary SchoolAsbury
ExclusionsAny tenant property
Facing DirectionEast
Garage Spaces2
Garage Y/NYes
Gas Y/NSeparate Meter Gas
Gross Income94800
HOANo
HeatingBaseboard
High SchoolSouth
High School DistrictDenver 1
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet12500
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolGrant
Net Operating Income76441
New ConstructionNo
Number Of Units Total4
Operating Expense18359
Other StructuresKennel/Dog Run
Patio/Porch FeaturesPatio
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameOverland Park
Tax Annual Amount6240
Tax Year2023
Tenant PaysGas, Electricity, Water, Trash Collection
UtilitiesElectricity Available, Cable Available
ViewMountain(s), City
Year Built1954
ZoningU-TU-C

Exterior for 2275 S Cherokee St

Building Area Total3738
Covered Spaces2
FencingFenced
Horse Y/NNo
Lot FeaturesGutters, Lawn Sprinkler System, Level
Lot Size Acres0.29
Lot Size Area12500
SpaNo
Water SourceCity Water
Waterfront Y/NNo

Additional Details

Price History

Schools

High School South High School
Middle School Grant Middle School
Elementary School Asbury Elementary School

Jon Holsten

Price $1,399,999
MLS#2865102
List Date 10/29/2024
Property Type Income
Phone 970.237.2752
Request Tour
Request Info
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