3206 S Sherman St, Englewood, CO 80113

Multiple ownership/operating options await this unique investment property. Recognized as a legal three-unit by Arapahoe County and the City of Englewood, it is expertly renovated and reconfigured - with 3 private entrances, 3 electric meters, 3 garage spaces. Lease out all units for maximum cash flow – or live upstairs and rent out the other two. Big yards with auto-sprinklers, great front porch. Scrape in the future and build a new triplex, says Englewood Zoning. Very low property tax is based on former single-family classification. Walk to exciting South Broadway, RTD and Englewood light rail. Utility inclusions vary per unit. Three electric meters, one gas, one water meter. One unit with forced air heat, one baseboard electric, etc. Our pro-forma rent roll shows specific rents and utility inclusions. Stated rents are conservative (low) with what's included. See our Appraisal Value Package with rent roll, sold triplex comps, area rent study, Fannie Mae Form 1023 income property appraisal report.