Homes for sale - 7109 W 61st AVE, Arvada, CO 80003

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,264 sqft

Price per Sqft $454

Subdivision Rowans

MLS Listing ID 4222203

Style Traditional

Bedrooms 3

Three Quarter Bath 1

HOA Y/N No

Originating Board recolorado

Year Built 1947

Annual Tax Amount $2,303

Tax Year 2023

Lot Size 0.540 Acres

Acres 0.54

Property Description

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!!

Location

State CO

County Jefferson

Zoning R-6

Rooms

Basement Cellar,Partial

Main Level Bedrooms 3

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Laundry In Unit

Exterior

Garage Spaces 2.0

Fence Partial

Utilities Available Cable Available,Electricity Connected,Internet Access (Wired)

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Story One

Sewer Public Sewer

Water Agriculture/Ditch Water,Public

Level or Stories One

Structure Type Block,Vinyl Siding

Schools

Elementary Schools Secrest

Middle Schools North Arvada

High Schools Arvada

School District Jefferson County R-1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange,Cash

Listing Terms 1031 Exchange,Cash

Special Listing Condition None