Lakewood, CO 80226,135 S Lamar St
Lakewood, CO 80226,135 S Lamar St
Lakewood, CO 80226,135 S Lamar St
Lakewood, CO 80226,135 S Lamar St
Lakewood, CO 80226,135 S Lamar St
Lakewood, CO 80226,135 S Lamar St
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$ 525,000
Est. payment | /mo

0.34 Acres Lot


Save
$ 525,000
Est. payment | /mo
Save

0.34 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Belmar Area

MLS Listing ID 4115047

HOA Y/N false

Originating Board REcolorado

Annual Tax Amount $3,456

Lot Size 0.340 Acres

Acres 0.34

Property Description

Here is an amazing opportunity in the Belmar area of Lakewood for a scrape, lot divide and build new with to up to four separate units possible! No HOA so no concerns there. Currently there is a 1610 Sq,Ft. duplex on a 14,633 Sq.Ft. corner lot that is zoned R-2. The property's condition is average to below average and is on that fine line between scrape or renovate. In my opinion the highest and best use is to scrape, divide the lot in two and build a new single family PLUS and an ADU on each side, creating 4 (four) total units. I spoke to a City of Lakewood planner and engineer several times and this very possible. There is a minor City of Lakewood (not FEMA) flood plain that nicks the corner of the lot (see pic) but will not reduce building envelope and actually I am told it will be revised and probably removed in the next year or so. Although the current total rents are low ($2470/mo), both sides are rented through 6/30/2025 so enjoy some cash flow while you gather permits & plans, etc. Welcome to drive by but please DO NOT contact tenants. Any showing will be arranged privately when under contract. Should be no problem with conventional financing but no FHA or VA. See supplements for R-2 Zoning and ADU guidelines. Seller will be doing a 1031 Exchange.

Location

State CO

County Jefferson

Area Metro Denver

Zoning R-2

Exterior

Fence Partial

Waterfront false

Street Surface Paved

Building

Lot Description Corner Lot

Sewer City Sewer, Public Sewer

Water City Water

New Construction false

Schools

School District Jefferson County R-1

Others

Senior Community false

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by RE/MAX PROFESSIONALS • 303-907-8660
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“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(970) 518-5462

realestate@chadpatterson.com

201 Coffman Street # 1902, Longmont, Colorado, 80502, United States

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135 S Lamar St