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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
7
Photos
3
beds
1
bath
1,264
sqft
Built in
1947
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!!
Features & Amenities
Interior
- Laundry:
- In Basement
- Basement:
- Partial
- A/C:
- true, Central Air
- Heating:
- true, Forced Air
Exterior
- General:
- Outbuildings
- Style:
- Ranch
Construction
- Roofing:
- Composition
- General:
- Block, Vinyl Siding, 1
Location
- Road/Access:
- Paved
- Originating MLS:
- REcolorado
- School District:
- Jefferson County R-1
- County:
- Jefferson
Lot
- Zoning:
- R-6, SECTION 11 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 651000 SUBDIVISIONNAME ROWANS BLOCK 003 LOT SIZE: 23392 TRACT 00C VALUE: .537
- Fencing:
- Partial
Utilities
- Utilities:
- Electricity Available, Cable Available, Electric
- Water:
- City Water
- Sewer:
- City Sewer, Public Sewer
Financial
- Source:
- REcolorado
- Exclusions:
- Sellers personal property, freezer in basement, Water tank in yard.
This listing courtesy of:
Berkshire Hathaway HomeServices Colorado Real Estate, LLC, Valerie Beaudoin
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Arvada, CO
Housing
- Number of Units
- 59,740
- Median Home Value
- $442,673
- Median Rent
- $1,338
25.52% of housing units are renter occupied.
3.19% are vacant.
Commute
- Car
-
59.65%
- Public Transportation
-
1.63%
- Walk to Work
-
0.70%
- Work from Home
-
37.28%
- Other
-
0.57%
The median travel time to work is 19 minutes.
People
- Population
- 140,555
- Median Age
- 39.20
- Median Household Size
- 2.69
Education
- High School
-
22.26%
- Associate’s Degree
-
8.07%
- Bachelor’s Degree
-
28.04%
- Graduate Degree
-
14.95%
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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