$500,000
$499,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
642 SqFt
SOLD DATE : 08/21/2020
Key Details
Sold Price $500,000
Property Type Single Family Home
Sub Type Residential-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 642 sqft
Subdivision Berkeley
MLS Listing ID 7684441
Sold Date 08/21/20
Style Cottage/Bung,Ranch
Bedrooms 2
Three Quarter Bath 1
HOA Y/N false
Abv Grd Liv Area 642
Originating Board REcolorado
Year Built 1910
Annual Tax Amount $1,744
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Spectacular re-development opportunity in the Berkeley neighborhood just 3 blocks from the shops and restaurants on Tennyson St. Walking distance to coffee shops, Natural Grocers and Sprouts Market. This is a scrape-off lot with a small existing home, currently rented. This large 6250 sf "double lot" has rare U-SU-C1 zoning allowing for an Accessory Dwelling Unit to be built in addition to a new Single-Family Residence. So many possibilities with the ADU: an In-Law apt., for in-town guests, Air BnB or a long-term rental income. This west-facing lot is ideal for a shaded patio area and private rear yard.
New SFR values are $1.5-1.7 mill especially within walking distance to Tennyson St. Fantastic upside with opportunity to build a 3rd floor Loft area with roof-deck for western views on this wider 50' x 125' lot size vs. the narrower 4680 sf lots. This property is 6250 sf lot size with rear alley garage access. The scrape-off lot at 4107 Winona Ct recently sold for $555,000. This is well-priced and below $500k.
This property is being sold "As Is"/Land Value only. Please do NOT disturb the tenants.
Location
State CO
County Denver
Area Metro Denver
Zoning U-SU-C1
Rooms
Basement Partial, Structural Floor
Primary Bedroom Level Main
Bedroom 2 Main
Interior
Heating Forced Air
Exterior
Garage Spaces 2.0
Utilities Available Electricity Available
Waterfront false
Roof Type Composition
Street Surface Paved
Handicap Access Level Lot
Porch Patio
Building
Lot Description Level
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Centennial
Middle Schools Denver Montessori
High Schools North
School District Denver 1
Others
Senior Community false
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