Denver, CO 80229,8141 Welby RD
Denver, CO 80229,8141 Welby RD
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$ 1,200,000
Est. payment | /mo

2.4 Acres Lot


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$ 1,200,000
Est. payment | /mo
Save

2.4 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3300530

HOA Y/N No

Originating Board recolorado

Year Built 1945

Annual Tax Amount $3,939

Tax Year 2023

Lot Size 2.400 Acres

Acres 2.4

Property Description

This lot in the suburbs is a rare gem for those looking to invest in a multifamily property. Currently this lot has a residential home that is being occupied by a tenant with a current lease signed until end of June 2025. This property, set in a peaceful neighborhood, is a canvas waiting to be transformed into a thriving multifamily residence community. Its zoning for multifamily use opens up endless possibilities for creating a community of homes that blend modern living with suburban charm! Currently Welby Road is being improved to provide roadway widening along with medians, curbs, sidewalks, street lighting and multi-path trails! In addition the N line light rail project was completed and opened in 2020. The Thornton 88th station is just a short 1.6 miles away and the 18.5-mile electric commuter rail line will connect North Adams county with Union Station, Commerce City, Northglenn, and Thornton. The property's zoning is Residential 4 - which provides a minimum density of 14 units per acre while the maximum density is 35 units per acre! Multifamily units in the area sell for 360K+. Seize the chance to shape this lot into a bustling hub of residential living, where families can flourish in a tranquil suburban setting. Don't miss out on the chance to turn this blank canvas into a thriving multifamily community in the heart of the suburbs!
Owner does have soil testing, survey, a concept site plan that he'd be happy to provide the purchaser of this property.

Location

State CO

County Adams

Zoning Residential 4 - Multi fam

Interior

Fireplace N

Exterior

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Frame

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

REColorado (REColorado MLS)
Listed by Brokers Guild Homes • [email protected],303-960-4101
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8141 Welby RD