Prime investment opportunity with endless potential! Quaint home on a spacious 6,250 SF lot featuring off-street parking and a convenient location just a few blocks from Lowry. Ideal for investors, builders, or owner-occupants looking for sweat equity. Continue using as a rental, move-in and update over time, renovate and hold,… Read More fix-and-flip, or explore new construction opportunities. Seller is also offering the neighboring property at 7414 E 12th Ave (MLS #1786727), creating a rare opportunity to purchase both properties together as separate lots or combine into one larger 12,500 SF development site. Zoning approval has already been received allowing the combined property to be subdivided into two separate 6,250 SF lots. The adjacent property includes an additional home, garage, and four off-street parking spaces. Potential for an ADU and possible future density opportunities under Denver's proposed Unlocking Housing Choices initiative, if adopted (buyer to verify zoning and building requirements). Property is being sold strictly as-is and has been utilized as a long-term rental currently generating $1,350/month, with potential for increased rents and value-add improvements. Additional features include a fenced yard, off-street parking, and flexible redevelopment possibilities. Conveniently located near shopping, dining, parks and quick access to Colo Blvd, downtown, I-70 and more. Tremendous opportunity for investors, builders, or anyone looking for land value, income potential and future upside. Photos are from a previous vacancy period and may not reflect current condition. Contact Tracy King at 303-668-2835 for more detailed info. Read Less
Courtesy of Tracy King,
Listing Snapshot
Days Online
12
Last Updated
Property Type
Single Family Residence
Beds
1
Square Ft.
711
Lot Size
0.14 Acres
Year Built
1910
MLS Number
5601091
30 Days Snapshot Of 80220
$1.15M
+11%
(avg) sold price
52
-5%
homes sold
46
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Appliances: "Refrigerator", "Fire Alarm"
Basement
Basement: "Crawl Space"
Building
Construction Materials: "Frame", "Brick", "Composition", "Wood Siding", Levels: "One", Living Area: 711, Year Built: 1910
Provided for limited non-commercial use only under IRES Rules. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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