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!!
Room Features
Bedroom 2Main
Bedroom 3Main
KitchenMain
Living RoomMain
Master BedroomMain
BasementPartial
Lot & Building Features
StyleRanch
HeatingForced Air
CoolingCentral Air
SewerCity Sewer, Public Sewer
Tax Year2023
WaterCity Water
Community and Schools
Elementary SchoolSecrest
Junior High SchoolNorth Arvada
Senior High SchoolArvada
Price History of 7109 61st, Arvada, CO
Date
Name
Price
Difference
11/19/2024
Price Adjustment
$565,000
1.74%
08/19/2024
Listing Price
$575,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
7109 61st (MLS #4222203) is a ranch single family home located in Arvada, CO.
This single family home is 1,974 sqft and on a lot of 23,392 sqft (or 0.54 acres) with 3 bedrooms, 1 baths and is 77 years old. This property was listed on 09/25/2024 and has been priced for sale at $565,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Berkshire Hathaway HomeServices Colorado Real Estate, LLC