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Listing Source
With courtesy of Berkshire Hathaway HomeServices Colorado Real Estate, LLC Posted by REcolorado (Denver)
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ('IDX') program of RECOLORADO®, Real estate listings held by brokers other than RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
7109 W 61st Avenue
Arvada, CO 80003
— Jefferson
County — Rowans Neighborhood
EXCEPTIONAL INVESTMENT OPPORTUNITY: PRIME LOT FOR DEVELOPMENT!!!
Back on market; buyer financing fell through at the last minute!
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!!
Listing Details
Property Type
Residential
Listing#
4222203
Source
REcolorado (Denver)
Last Updated
01-06-2025 12:27am
Status
Active
Off Market Date
11-30--0001 12:00am
Property Details
Property Subtype
Single Family Residence
Sold Price
$550,000
Original Price
$600,000
Location
Arvada, CO 80003
SqFT
1974.00
Year Built
1947
Acres
0.54
Bedrooms
3
Bathrooms
1
Levels
One
Map
Property Level and Sizes
SqFt Lot
23392.00
Lot Size
0.54
Basement
Cellar, Partial
Financial Details
Previous Year Tax
2303.00
Year Tax
2023
Primary HOA Fees
0.00
Interior Details
Laundry Features
In Unit
Electric
Central Air
Cooling
Central Air
Heating
Forced Air
Utilities
Cable Available, Electricity Connected, Internet Access (Wired)