$516,500
$525,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
6,098 Sqft Lot
SOLD DATE : 01/08/2024
Key Details
Sold Price $516,500
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Rino
MLS Listing ID 7822209
Sold Date 01/08/24
HOA Y/N false
Originating Board REcolorado
Annual Tax Amount $1,704
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
Area Metro Denver
Zoning U-SU-A1
Exterior
Garage Spaces 1.0
Waterfront false
Building
Lot Description Level
Sewer City Sewer, Public Sewer
Water City Water
New Construction false
Schools
School District Denver 1
Others
Senior Community false
Special Listing Condition Other Owner
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201 Coffman Street # 1902, Longmont, Colorado, 80502, United States