$750,000
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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 |
|---|---|
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 11 |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Full |
| SQ Feet | 990 |
| Story(s) | 1 Story |
| Acreage | 0.16 |
| Property View | Yes |
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Area Information | |
|---|---|
| State | CO |
| County | Denver |
| City | Denver |
| Zip Code | 80204 |
| Area | Denver |
| Community Name | West Colfax |
| School District | Denver 1 |
| Elementary School | Cheltenham |
| Middle School | Strive Lake |
| High School | North |
| Listing VS Median (in West Colfax) | |
Price: $750,000 low | high Med: $457,500 SqFt: 990 low | high Med: 1,170 $ / SqFt: $758 low | high Med: $391 On Site: 11 low | high Med: 15 | |
MLS Number: 5228709Listing Provided By:
Greg Hanson of TRELORA