Description for 7109 61st Avenue, Arvada, CO 80003
EXCEPTIONAL INVESTMENT OPPORTUNITY: PRIME LOT FOR DEVELOPMENT!!!rnrnWelcome 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.rnrnPROPERTY HIGHLIGHTS:rnrnSpacious Lot: A generous parcel offering the potential to build up to three homes, providing ample room for expansion and development.rnPrime Location: Minutes away from Olde Town’s shops, galleries, restaurants, boutiques, coffee shops, live music, outdoor eventsrnWalkable: Olde Town is pedestrian-friendly and easy to stroll around. rnLocation: 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.rnSingle-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.rnDevelopment Potential: Zoned for multi-home construction, this property offers exceptional flexibility and opportunities for maximizing investment value.rnrnINVESTMENT BENEFITS:rnrnHigh ROI Potential: With the ability to build multiple homes on a single lot, investors can significantly enhance their return on investment.rnDesirable Area: Benefit from a location that attracts interest from buyers/renters, ensuring strong marketability of new properties.rnStrategic Growth: Take advantage of the area’s growth trends and rising property values to secure a lucrative development opportunity.rnDon’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!!
Property Details
Price History
Source: MLS
| Date | Event | Price | Source |
|---|---|---|---|
| 2024-11-27 22:30:15 | Under Contract | $565,000 | MLS |
| 2024-08-19 14:41:10 | Under Contract | $600,000 | MLS |
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