Under contract
Pending
7109 W 61st Avenue
Arvada CO, 80003
$565,000
$286.22 per sqft
Under contract
Pending
3 Beds
1 Bath
1,974 sqft
Residential
Built in 1947
EXCEPTIONAL INVESTMENT OPPORTUNITY: PRIME LOT FOR DEVELOPMENT!!!
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!!
4222203
MLSⓇ ID
August 19, 2024
Listed
November 26, 2024
Updated
Map
7109 W 61st Avenue
Arvada CO, 80003
Interior Features
Total Stories
1
Bedrooms
3
Total Bathrooms
1
Three-Quarter Bathrooms
1
Laundry Description
In Unit
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.54 Acres
Architectual Style
Traditional
Roof
Composition
Sewer
Public Sewer
School Information
School District
Jefferson County R-1
High School
Arvada
Elementary School
Secrest
Other Property Details
Taxes
$2,303
Tax Frequency
Annually
Garage
Yes
Garage Spaces
2
Parking Total
2
View
No
County
Jefferson
Water Source
Agriculture/Ditch Water, Public
Pool
No
Zoning
R-6
Listing History
Date | Event | Price |
|---|---|---|
11/21/2024 | Under contract | — |
11/19/2024 | Price change | $565,000 -2% |
9/25/2024 | Price change | $575,000 -5% |
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Data last updated 4:15 PM UTC, 11/26/2024
