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261 Linda Lane, Denver, CO – $475,000

  • 6 Beds
  • 3 Baths
  • 1,728 Sqft
  • .2 Acres
  • 6 Beds
  • 3 Baths
  • 1,728 Sqft
  • .2 Acres

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261 Linda Lane

LIVE FOR FREE --- or --- COLLECT $5,100.00 RENT EVERY MONTH !!! This beautiful house offers unique and fantastic opportunity to ----- A) Live on the upper floor for free and rent all four bedrooms in the basement for total of about $3,000.00*** or more per month, or ----- B) rent the entire house by bedrooms and collect about $5,200.00*** or more per month (actual rents collected in May 2025) or ----- C) use the entire house for personal needs. (***Proposed numbers are only estimates based on actual rents collected in 2023 - 2024 and historical annual rent increase of over $1,000.00 per year, and also estimated monthly mortgage payments - buyer must verify numbers as they apply to his/her individual situation). ------ This marvelous house was rented by bedrooms during the last several years and has been well cared for. It is solid and sturdy and extremely functional and convenient. ------ UPSTAIRS ----- offers two bedrooms, one full size bathroom, kitchen and laundry facility. The living room is currently designed as a separate, versatile space that can be used as a living room, office, another bedroom, etc. Upper floor can be used as owners' living space, or it can also be used as a rental space. ----- DOWNSTAIRS ----- offers ----- FOUR CONFORMING BEDROOMS ----- (with FOUR EGRESS WINDOWS), TWO BATHROOMS (one full bath and one 3/4 bath). What an opportunity! Show and Sell this home today!

Listing Office: Corak Real Estate LLC

Essential Information

  • MLS® #4161810
  • Price$475,000
  • Bedrooms6
  • Bathrooms3.00
  • Full Baths2
  • Square Footage1,728
  • Acres0.20
  • Year Built1970
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleTraditional
  • StatusActive

Community Information

  • Address261 Linda Lane
  • SubdivisionSherrelwood Estates
  • CityDenver
  • CountyAdams
  • StateCO
  • Zip Code80221

Amenities

  • Parking Spaces1
  • ParkingConcrete, Gravel
  • # of Garages1

Interior

  • HeatingForced Air
  • CoolingCentral Air
  • StoriesBi-Level

Exterior

  • RoofComposition
  • FoundationSlab

School Information

  • DistrictMapleton R-1
  • ElementaryValley View K-8
  • MiddleGlobal Lead. Acad. K-12
  • HighGlobal Lead. Acad. K-12

Additional Information

  • Date ListedMay 14th, 2025
  • ZoningR-1-C

Listing Details

  • Corak Real Estate LLC
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Listing information last updated on May 15th, 2025 at 10:19am MDT.