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HUGE PRICE REDUCTION. INCREDIBLE OPPORTUNITY FOR A TRADITIONAL HOMEOWNER OR AN INVESTOR / DEVELOPER!! This Applewood Estates neighborhood home on a corner lot is zoned R-3 and located on a massive 12.589 sg / ft. lot. There are almost Limitless options on this 12, 589 Sq. / Ft. lot.For the more traditional homebuyer, this is a home that has been renovated and updated just over 4 years ago and features a professional, modern kitchen with granite counters, gas stoves and double ovens. warm, inviting features that greet those who don't want the cookie-cutter designs offered today. The separate music studio could then become an ADU, with potential rental income of $1, 500-$2, 200 / month or utilized as a mother-in-law or guest suite. For the investor / developer, the city has approved building a triplex up to 3 stories high, with multiple projects in the neighborhood at $800, 000+ each for townhomes. Perhaps the greatest ROI will be for the investor / developer that decides to build an approved 8-unit / one building ASSISTED LIVING-retirement center. Similar-sized projects are grossing anywhere from $30, 000-$40, 000 per month. This coveted neighborhood is close to I-70 and a quick escape to the Mountains. Great proximity to shopping, restaurants and all that Wheat ridge and Golden have to offer. NO HOA. Bring your RV's and Boats. Please check the neighborhood comps and neighborhood builders and it won't be difficult to see both the immediate and long-term opportunities in front of you. Now only $699, 000.
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INCREDIBLE OPPORTUNITY FOR A TRADITIONAL HOMEOWNER OR AN INVESTOR\/DEVELOPER!! This Applewood Estates neighborhood home on a corner lot is zoned R-3 and located on a massive 12.589 sg\/ft. lot. There are almost Limitless options on this 12, 589 Sq.\/Ft. lot.For the more traditional homebuyer, this is a home that has been renovated & updated just over 4 years ago and features a professional, modern kitchen with granite counters, gas stoves & double ovens. warm, inviting features that greet those who don't want the cookie-cutter designs offered today. The separate music studio could then become an ADU, with potential rental income of $1, 500-$2, 200\/month or utilized as a mother-in-law or guest suite. For the investor\/developer, the city has approved building a triplex up to 3 stories high, with multiple projects in the neighborhood at $800, 000+ each for townhomes. 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