UPDATED:
11/21/2024 05:45 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,264 sqft
Price per Sqft $446
Subdivision Rowans
MLS Listing ID 4222203
Style Traditional
Bedrooms 3
Three Quarter Bath 1
HOA Y/N No
Abv Grd Liv Area 1,264
Originating Board recolorado
Year Built 1947
Annual Tax Amount $2,303
Tax Year 2023
Lot Size 0.540 Acres
Acres 0.54
Property Description
Welcome to a unique investment opportunity in a highly sought-after area! This single-family home is situated on a generous lot with potential for significant future development. Boasting ample space, this property is zoned to allow the construction of up to three single family homes, a triplex, or a single family home plus a duplex, making it an ideal choice for investors or builders looking to maximize profitability.
PROPERTY HIGHLIGHTS:
Spacious Lot: A generous parcel offering the potential to build up to three homes, providing ample room for expansion and development.
Prime Location: Minutes away from Olde Town's shops, galleries, restaurants, boutiques, coffee shops, live music, outdoor events
Walkable: Olde Town is pedestrian-friendly and easy to stroll around.
Location: Olde Town is also home to residential living and is a stop on the RTD's G Line commuter rail, which goes to Denver International Airport.
Single-Family Home: A single family residence currently on the lot, offering immediate rental income or a comfortable living space while you plan your development project.
Development Potential: Zoned for multi-home construction, this property offers exceptional flexibility and opportunities for maximizing investment value.
INVESTMENT BENEFITS:
High ROI Potential: With the ability to build multiple homes on a single lot, investors can significantly enhance their return on investment.
Desirable Area: Benefit from a location that attracts interest from buyers/renters, ensuring strong marketability of new properties.
Strategic Growth: Take advantage of the area's growth trends and rising property values to secure a lucrative development opportunity.
Don't miss out on this rare chance to capitalize on a prime piece of real estate. Contact us today to explore the potential of this exceptional property!!
Location
State CO
County Jefferson
Zoning R-6
Rooms
Basement Cellar, Partial
Main Level Bedrooms 3
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Laundry In Unit
Exterior
Garage Spaces 2.0
Fence Partial
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired)
Roof Type Composition
Total Parking Spaces 2
Garage No
Building
Sewer Public Sewer
Water Agriculture/Ditch Water, Public
Level or Stories One
Structure Type Block,Vinyl Siding
Schools
Elementary Schools Secrest
Middle Schools North Arvada
High Schools Arvada
School District Jefferson County R-1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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