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$ 1,300,000
Est. payment | /mo
0.42 Acres Lot
$ 1,300,000
Est. payment | /mo
0.42 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8686229
HOA Y/N No
Originating Board recolorado
Year Built 1922
Annual Tax Amount $5,457
Tax Year 2023
Lot Size 0.420 Acres
Acres 0.42
Property Description
This rare .42-acre corner lot in the desirable Edgewater/Sloan’s Lake area presents a prime investment opportunity, featuring five total units: a four-plex and a single-family home. The four-plex includes two 1-bedroom, 1-bathroom units and two fully renovated 2-bedroom, 1-bathroom units, each with updated windows and new electrical panels. Each unit is individually metered for electricity, and the building offers an on-site coin-operated laundry facility, ample outdoor space, and off-street parking.
The single-family home, remodeled in 2020, spans 1,800 square feet and includes 3 bedrooms, 2 bathrooms, a dedicated washer/dryer, an oversized garage, and a private backyard. Both buildings received new roofs in 2018, adding long-term value to the property.
Zoned R-MF (Multi-Family Residential), this property offers the flexibility to be subdivided or redeveloped in one of Denver’s most sought-after neighborhoods. Residents benefit from close proximity to the recreational amenities of Sloan’s Lake to the east and the vibrant Edgewater neighborhood to the west, known for its popular shops and restaurants. The revitalized Colfax Avenue, just to the south, offers a variety of dining, shopping, and entertainment options, as well as easy access to downtown Denver, only a 10-minute drive away. This combination of location, amenities, and development potential makes this property an exceptional investment opportunity.
The single-family home, remodeled in 2020, spans 1,800 square feet and includes 3 bedrooms, 2 bathrooms, a dedicated washer/dryer, an oversized garage, and a private backyard. Both buildings received new roofs in 2018, adding long-term value to the property.
Zoned R-MF (Multi-Family Residential), this property offers the flexibility to be subdivided or redeveloped in one of Denver’s most sought-after neighborhoods. Residents benefit from close proximity to the recreational amenities of Sloan’s Lake to the east and the vibrant Edgewater neighborhood to the west, known for its popular shops and restaurants. The revitalized Colfax Avenue, just to the south, offers a variety of dining, shopping, and entertainment options, as well as easy access to downtown Denver, only a 10-minute drive away. This combination of location, amenities, and development potential makes this property an exceptional investment opportunity.
Location
State CO
County Jefferson
Zoning R-MF
Interior
Fireplace N
Exterior
Exterior Feature Balcony
Parking Features Driveway-Dirt
Garage Spaces 2.0
Roof Type Composition
Total Parking Spaces 11
Garage No
Building
Lot Description Corner Lot, Irrigated, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Live West Realty • 303-818-6236