$516,500
$525,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,050 SqFt
SOLD DATE : 01/08/2024
Key Details
Sold Price $516,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,050 sqft
Price per Sqft $491
Subdivision Rino
MLS Listing ID 6803834
Sold Date 01/08/24
Bedrooms 3
Full Baths 1
HOA Y/N No
Originating Board recolorado
Year Built 1896
Annual Tax Amount $1,704
Tax Year 2022
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Excellent investment opportunity and multiple exit strategies on this property. Zoned U-SU-A1 this zoning allows for a single family home to be built on a 25 wide lot. Lot dimensions on this one are 50x125. You can scrape the existing house and build two new single family homes with comps ranging from $950-1.2M depending on size and finishes. You can also keep the existing house and remodel and split lot and build 1 new single family residence or just remodel existing house. Recent comps have a house this size on half the lot size that closed remodeled for $650,000. Also has ADU zoning if you choose to add them. Perfect area for AirBNB once the homes are done. This is one of the last 50 wide lots in the cole/rino area and on one of the nicest blocks with easy access to downtown and everything river north has to offer. Property is being sold as is.
Location
State CO
County Denver
Zoning U-SU-A1
Rooms
Basement Partial, Unfinished
Main Level Bedrooms 3
Interior
Heating Forced Air
Cooling None
Fireplace N
Exterior
Roof Type Membrane
Total Parking Spaces 1
Garage No
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Harrington
Middle Schools Whittier E-8
High Schools Manual
School District Denver 1
Others
Senior Community No
Ownership Agent Owner
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams Realty Downtown LLC