Veterans United Realty
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1290 Kipling Street, Lakewood, CO 80215

$1,200,000 Asking Price

5 beds
1 bath
1,500  sqft
Built in 1944

*Price reduced* A must see! This is a wonderful .61-acre property ideal for investors. For the re-zoning investor this huge lot offers an opportunity to build a large structure for business or multifamily living. For the rental investor there are two houses and a 2-car detached garage already on the property. Get your rent income while you work out your zoning wishes for the future. Both houses are considered 1290 Kipling and must be sold together with the lot. The north house, built in 1944(for now referred to as 1292 for ID) will be used as the primary house and the south house, built in 1929(will be referred to as 1290 for ID). Currently the property is zoned SFR but has a nonconforming certificate from the city of Lakewood allowing the two houses to exist as zoned as long as they are used as rentals. For the purpose of input in the MLS, 1292 will be used as the primary house and 1290 will be the ADU. Total sf will be shown for both houses-1292 is 1184 sf with a 280sf basement-1290 is 750 sf with a 250sf basement (county records seem to be different for 1290). 1292 has 4 bedrooms, 1 bath, and one bsmt nonconforming bedroom. 1290 has 3 bedrooms(1 bsmt conforming) and 2 baths. 1290 has a refrigerator, dishwasher, stove. Lakewood indicates that the property as it stands is zoned horse property with space for 2 large animals. Lakewood also indicates that the property could be subdivided for 2 single family homes. Lakewood's Historical Belmar Village wrote this historical site still has the concrete water tank that was used for irrigation. This spacious lot is close to light rail, shopping, restaurants, and direct routes to the mountains and downtown. There are two access drives-one from Kipling and one from Johnson St. Two new houses being built in the area are a reflection of the neighborhood value. The property is being sold "as is". In this metro area of decreasing available land of this size--where will you find a better investment/value? Take advantage!!


Listing Status:
Active
Date Added:
August 16, 2024 — 43 days ago
Listing Office:
Sterling Real Estate Group Inc, Marvin Achterberg (720-234-2784)
Office Phone:
720-234-2784
MLS ID:
9885148

Features & Amenities

Interior

General:
Eat-in Kitchen
Appliances:
Range, Refrigerator
Laundry:
In Unit
Basement:
Finished, Partial
Flooring:
Carpet, Vinyl
A/C:
Evaporative Cooling
Heating:
Forced Air, Natural Gas

Exterior

General:
Rain Gutters
Style:
Traditional
Other Structures:
Front Porch, Covered
Parking:
Asphalt, Driveway-Gravel, Parking spaces: 6

Construction

Roofing:
Composition, Membrane
Windows:
Double Pane Windows
General:
One

Location

Road/Access:
Public
Originating MLS:
recolorado
School District:
Jefferson County R-1
County:
Jefferson

Lot

Zoning:
SFR, SECTION 03 TOWNSHIP 04 RANGE 69 QTR NW SUBDIVISIONCD 445800 SUBDIVISIONNAME LAKEWOOD HEIGHTS 2ND FLG BLOCK 001 LOT 0001 SIZE: 17424 TRACT 00A VALUE: .400 SECTION 03 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 445800 SUBDIVISIONNAME LAKEWOOD HEIGHTS 2ND FLG BLOCK 001 LOT 0002 SIZE: 9163 TRACT 00A VALUE: .210, 49-032-13-014
Fencing:
Partial

Utilities

Utilities:
Electricity Connected, Natural Gas Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
recolorado
Ownership:
Corporation/Trust
Exclusions:
Two Exterior cameras

This listing courtesy of:
Sterling Real Estate Group Inc, Marvin Achterberg

About Denver, CO

Housing

Number of Units
527,977
Median Home Value
$435,944
Median Rent
$1,329

48.75% of housing units are renter occupied.

6.65% are vacant.

Commute

Car
56.73%
Public Transportation
3.93%
Walk to Work
2.72%
Work from Home
34.89%
Other
0.58%

The median travel time to work is 19 minutes.

People

Population
1,114,255
Median Age
35.70
Median Household Size
2.53

Education

High School
19.56%
Associate’s Degree
6.38%
Bachelor’s Degree
29.05%
Graduate Degree
17.25%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

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