7170 W Mississippi Ave, Lakewood, CO 80226

$515,000 Asking Price

2 beds
1 bath
960  sqft
Built in 1939

IMPORTANT: Tenant-Occupied Property Until April 30, 2025. This property, located in the highly desirable Lakewood area, presents a unique opportunity for future development. The home has low ceilings and some signs of foundation movement. Showings will be available only after an offer has been made. The property spans half an acre and boasts a strategic location: a church to the east, a single neighbor to the west, and the Link Recreation Center and Emory Elementary School to the south. With its ample lot size, you can build your dream home without the complexities of land development, as sewer, water, and utilities are already in place. Additionally, there may be potential for multi-family development. While the property is tenant-occupied until 2025, it offers a chance to generate rental income during this period. Use this time to collaborate with your architect and builder to start planning your ideal home!

Features & Amenities

Interior

Appliances:
Dishwasher, Refrigerator
Laundry:
Main Level
Heating:
true, Forced Air, Baseboard

Exterior

General:
Kennel/Dog Run
Style:
Ranch

Construction

Roofing:
Composition, Rubber
General:
Wood/Frame, Brick/Brick Veneer, Concrete, 1, Slab

Location

Originating MLS:
REcolorado
School District:
Jefferson County R-1
County:
Jefferson

Lot

Zoning:
SECTION 23 TOWNSHIP 04 RANGE 69 QTR NE SIZE: 21780 VALUE: .500 KEY=017
Fencing:
Fenced

Utilities

Sewer:
City Sewer,Public Sewer

Financial

Source:
REcolorado
Exclusions:
Tenants personal property

This listing courtesy of:
Resident Realty South Metro, Tyler Scrable

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.

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