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Dewey Shanks

[email protected] +1(806) 681-3612

$ 599,000

Est. payment -/mo

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1545 N Sheridan #1 Denver, CO 80214

1 Bed

1 Bath

1,300 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,300 sqft

Subdivision Edgewood

MLS Listing ID IRE2817796

Style Cottage

Bedrooms 1

Full Baths 1

HOA Y/N No

Year Built 1939

Annual Tax Amount $2,466

Tax Year 2025

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Single Family Residence

Source ires

Property Description

This modest house could be a great first time buyer investment. It sits on a large lot, conveniently located at the convergence of Lakewood, Edgewater, and Denver. The W Colfax and Sheridan corridor has seen sustained residential investment over the past decade steadily narrowing the gap between what this land is and what it can become. The zoning M-G-U at 1545 Sheridan and R-MF at 1555 Sheridan carry no maximum or minimum unit density, leaving you free to determine the right course of action for its future. From adding an ADU to building two new homes with ADUs to maximizing density is all up to you.
Both parcels are occupied on month-to-month leases. 1545 Sheridan, as a 1-bed/1-bath residence at $1,600/mo, and 1555 Sheridan as a vacant lot lease at $500/mo- generating $2,100 combined if the added income benefits your vision. Sloan's Lake Park and Bus Stop are just steps away, the Sheridan Station (W Line) is less than half a mile with direct service to Union Station and the Denver Federal Center. The Edgewater Marketplace-Target, King Soopers, Alamo Drafthouse-is within one mile. Walk Score:86.

Location

State CO

County Jefferson

Community Edgewood

Area Metro Denver

Zoning M-G-U & R-MF, Lakewood

Direction Property access on to Sheridan is only from the north bound direction. Coming from I-70 or all city streets crossing Sheridan (like 44th, 32nd, 29th, 26th, 20th or 17th Avenues) you head south and driveway is on your right before the Colfax Ave intersection. Coming from the south from 6th Avenue and all city Streets that cross Sheridan (like 8th, 10th, 13th, 14th and Colfax Avenues) head north to 16th or 17th avenues and turn back south. the Property entrances will be on the west.

Rooms

Basement Full, Slab, Daylight

Interior

Heating Forced Air

Exterior

Parking Features Detached

Garage Spaces 2.0

Utilities Available Electricity Available, Cable Available

View Y/N No

Roof Type Composition

Porch Patio

Garage Yes

Building

Lot Description Level, House Faces East, Paved

Sewer Public Sewer

Water City

Architectural Style Cottage

Level or Stories Two

Structure Type Frame,Brick,Concrete

New Construction false

Schools

Elementary Schools Edgewater

Middle Schools Jefferson

High Schools Jefferson Dist R-1

School District Jefferson Dist R-1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Information and Real Estate Services (IRES)

Listed by Julie Leins

NEARBY SCHOOLS & PROPERTIES

Dewey Shanks

Agent | License ID: IREP32281

+1(806) 681-3612

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Colorado

Dewey Shanks

1545 N Sheridan #1 Denver, CO 80214

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1545 N Sheridan #1