2541 W 52nd Avenue, Denver

$845,000

0 Beds
0 Baths
.52 Acres
0 Garages

FUTURE TOWNHOME DEVELOPMENT, POTENTIAL FOR UP TO 7 UNITS. Great half-acre redevelopment site in Northwest Denver in the up-and-coming Chaffee Park neighborhood, perfect for any developer/investor looking to break ground in the Denver metropolitan area. The lot is 22,500 square feet with a single family 2 bdrm/2bath home (1,092sqft up + 1,092sqft unfinished basement) currently renting for $1,885/month, providing income for developer while securing construction plans/permits. The lot is zoned R-3 allowing for fourteen units per acre. Seller believes 7 units are possible but Buyer to verify. All utilities including electric, water, sewer and gas, are currently located on the site, and will need to be improved. This area is taking off due to close proximity to Regis University, Zuni Park, the Highlands, and proximity to downtown Denver and numerous area amenities/restaurants/transportation. BUYER TO VERIFY ZONING AND DEVELOPMENT POTENTIAL. Broker has an equity interest in property. Property is being sold in its As-Is, Where-Is contidtion.

Essential Information
MLS® #3515379
Price$845,000
Bathrooms0.00
Acres0.52
TypeLand
Sub-TypeImproved Land
StatusActive Under Contract
Community Information
Address2541 W 52nd Avenue
SubdivisionMST
CityDenver
CountyAdams
StateCO
Zip Code80221
Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected

Exterior
Lot Description150x150
School Information
DistrictWestminster Public Schools
Additional Information
Date ListedOctober 2nd, 2021
Days on Market60
ZoningR-3
Listing Details
OfficeHomeSmart
LISTING MAP

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