1565 King Street
Denver, CO 80204

Description

Amazing investment opportunity in one of Denver's most desirable neighborhoods, blocks from Sloans Lake! This property includes approved Site Development Plans & fully permitted Construction Documents. Plans are for FIVE luxury townhomes, each approx 1550 sqft w/ 3 bd/3.5 ba. Each unit offers unique spaces- private yard/patio, balconies &/or rooftop decks. 2 units offer ultra spacious master bedrooms w/ fireplaces & patios. 3 of the homes were designed to easily convert to separate entrance mother-in-law/Airbnb 1 bd/1 ba units, in essence providing the possibility of 2 separate units in one home. Lot is located blocks from breweries, cafes & restaurants. Comps for similar townhomes have sold for approx $550,000/unit over the last year! Bungalow on the lot is rented until May 1st for $1795/mo; great way to offset costs until you are ready to break ground. Minutes from Downtown, the Broncos Stadium, the Meow Wolf development & Sloans Lake, these homes will sell quickly at premium prices!

Details

MLS#5228709
StyleHouse
Sub-TypeResale
StatusActive
Year1952
Days On Site11

Features

Bed(s)3
Bath(s) 1 Full
SQ Feet990
Story(s)1 Story
Acreage0.16
Property ViewYes

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80204
AreaDenver
Community NameWest Colfax
School DistrictDenver 1
Elementary SchoolCheltenham
Middle SchoolStrive Lake
High SchoolNorth
Listing VS Median (in West Colfax)
Price:
$750,000
low | high
Med:
$457,500
89% of Average
SqFt:
990
low | high
Med:
1,170
31.818181818182% of Average
$ / SqFt:
$758
low | high
Med:
$391
98.384615384615% of Average
On Site:
11
low | high
Med:
15
73.333333333333% of Average
Listing Updated: 02/16/2019
MLS Number: 5228709
Listing Provided By:
Greg Hanson  of  TRELORA
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