primary-1
primary-2primary-3
Under Contract
$565,000($445,864 down)$572 /mo

7109 W 61st Avenue, Arvada, CO 80003

3 Bed ·1 Bath ·1264 Sqft
PITI Monthly
$930.83 /mo

Listing courtesy of: Valerie Beaudoin, Berkshire Hathaway HomeServices Colorado Real Estate, LLC

Assumed Rate

3.31%
7.52%

Principal & Interest

$572 /mo
$914 /mo

What's Special

INVESTORS
LOCATION
MINUTES AWAY
SPACIOUS
RENTAL INCOME
INVESTMENT OPPORTUNITY

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!!

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Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Block, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Agriculture/Ditch Water, Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Traditional
Materials
  • Block, Vinyl Siding
  • Roof: Composition
Condition
  • Year Built: 1947
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Rowans
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Arvada

Financial Details

  • Price per Sqft: $446.99
  • Tax Annual Amount: $2303
  • On Market Date: 2024-08-19T00:00:00.000Z

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MLS ID: REC4222203

Listing From: recolorado

Last updated: 2024-11-21T17:45:16.000Z

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Assumed Rate

3.31%
7.52%

Principal & Interest

$572 /mo
$914 /mo
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UMe Realty Group © is committed to and abides by the Fair Housing Act of Equal Opportunity.