$730,000
$725,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
0.82 Acres Lot
SOLD DATE : 05/30/2023
Key Details
Sold Price $730,000
Property Type Vacant Land
Sub Type Improved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Kelton Heights
MLS Listing ID 4967737
Sold Date 05/30/23
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $3,968
Tax Year 2022
Lot Size 0.820 Acres
Acres 0.82
Property Description
5509 W Mississippi Ave is a conveniently located Lakewood property with opportunities galore! This is NOT your typical land listing...there are currently five structures on the front side of the lot with the entire backside of the land open! With M-N-S (Mixed Use - Neighborhood - Suburban) zoning, this .82 acre lot has a lot more potential AND could be a consideration for a scrape and rebuild! Bring your ideas and vision to make the best use of this property. The four tenant occupied units each have recent capital improvements, individual fencing, and are income producing. The front house is a single family residence with 3 beds and 1 bath, the next is a home with 2 beds and 1 bath, and the final rented property is a duplex and each side has 2 bed, 1 bath units. All units share a newer gravel driveway for parking. This is a great opportunity for all types of investors; earn rental income now AND capitalize on the "lower-intensity neighborhood-scale commercial" opportunities! This central location is less than 10 minutes to Bel Mar or 6th Ave freeway and 15 minutes to I-25 or Downtown Denver. Strictly sold AS-IS.
Location
State CO
County Jefferson
Zoning SFR
Interior
Fireplace N
Exterior
Garage Driveway-Gravel
Parking Type Driveway-Gravel
Total Parking Spaces 10
Garage No
Building
Sewer Public Sewer
Water Public
Schools
School District Jefferson County R-1
Others
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with NorthPeak Commercial Advisors, LLC
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