(303) 399-9000
    ColoradoExpert@gmail.com
    • Hanover Commercial
    • Hanover Management
    • Hanover REO
      • REO for Banks (Sellers)
      • REO for Buyers
    • Hanover Builder Marketing
    Hanover Commercial
     
    • Hanover Realty
    • Hanover Estate Marketing
    • Hanover Corporation Websites
      • Hanover Realty Online
      • Jefferson Office Park
      • Eastglow Partnership
      • Overlook Homes
      • Village Patio Homes
      • Terrace Townhomes
      • Hanover Commercial
      • Hanover Management
      • Hanover REO
      • Hanover Corporation
      • Hanover Builder Marketing
    • About Us
      • Learn More
      • Realtor Designations
      • Meet The Team
      • Career Opportunities
    • Contact Us

    Sign Up for More Info

    • (303) 399-9000
    • ColoradoExpert@gmail.com
      Copy Email
    • HANOVER COMMERCIAL
      1030 Johnson Road Suite 340
      Golden, CO 80401
      (303) 399-9000
      ColoradoExpert@gmail.com
    • HANOVER REALTY
      1030 Johnson Road Suite 340 Golden
      Golden, CO
      www.HanoverRealtyOnline.com

    Home

      Hanover Commercial - Footer Logo


        • Privacy
        • Terms
        • DMCA
        • Accessibility
        • Fair Housing
        © 2025 Hanover Corporation. All rights reserved.
        Website built by CloseHack.
        REcolorado
        Based on information submitted to the MLS GRID as of 2025-12-14 09:18:57 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
        • Legal Notice
        • Publisher's Notice
        • Copyright Notice
        • Buyer Agency Compensation
        Information and Real Estate Services, LLC

        Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

        $2,600,000
        For Sale

        44 S Sherman Street

        Denver, CO 80209
        8998 sqft | 0.15 acres | #4847818
        • Save
        • Contact
        • Share
        • Price Change Alerts
        Listing OfficeBunnell Real Estate Services
        20 photos
        Type:Purchase
        Structure:5+ Family
        Zone:Commercial

        Description

        NICE 13-UNIT APARTMENT BUILDING WITH GREAT INCOME AND FABULOUS POTENTIAL! Great solid-brick apartment building in great condition in desirable quiet residential neighborhood. Walking distance to south Broadway corridor, including restaurants, retail, and nightlife. Close to Baker & West Washington Park neighborhoods. Professionally managed building & well-maintained with solid, strong income and tremendous upside potential! Newer windows throughout building, 10 of 13 units have been totally remodeled over past few years. Secure building, four off-street parking spot, four balcony units - building consists of two studio, ten one bedroom, and one two-bedroom penthouse apartment. Low vacancy rate. 2024 Cap Rate was 4.79, but 06/2025 rent increases bring projected new Cap Rate of 5.92 with room for additional increases. Operating costs included remodeling expenses of some units. 2024 assessed value is $3,497,000. This is truly a rare opportunityto own a great income-producing multi-familly property with tremendous upside. Hurry - this property will not last long!

        • Property Details
            • Utility FeaturesCable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
            • Lot DescriptionNear Public Transit
            • Exterior MaterialsBalcony, Lighting
            • Structure TypeLow Rise (1-3)
            • Sewer InformationPublic Sewer
            • Property SubtypeMulti Family
            • Original List Price$2,900,000
            • Property TypePurchase
            • Taxes Annual$18,265
            • MLS #4847818
            • Cost2600000
            • MLS #4847818
            • Utility SourcePublic
            • CountyDenver
            • Acres0.15
            • Square Feet8998
            • Year Built1960

        Location

        Legal

        Based on information submitted to the MLS GRID as of 2025-09-10 02:30:16 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

        Last Updated: Today at 10:14 AM. Source: RECOLORADO

        Provided By
        Listing Agent: Kevin Bunnell (#REC928425), Phone: 720-515-3338, Email: kevin@bunnellrealestateservices.
        Listing Office: Bunnell Real Estate Services (#RECMB040)

        • Legal Notice
        • Publisher's Notice
        • Copyright Notice
        • Buyer Agency Compensation
        Hanover CommercialReal Estate Group
        Facebook
        Google
        OR

        Interested in Purchasing 44 S Sherman Street?

        Get an estimate on monthly payments on this property.

        Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

        Estimated Monthly Payment
        $0.00
        Loan Amount
        $0.00
        $
        years

        Down Payment

        $
        %
        10.0%

        Interest Rate

        %
        6.0%

        Tax Rate

        %
        2.6%
        $
        $
        annually
        $
        monthly