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$ 999,000
Est. payment | /mo
6,250 Sqft Lot
$ 999,000
Est. payment | /mo
6,250 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Highlands, Ashland Heights, J S Henrichs
MLS Listing ID 4036322
HOA Y/N No
Annual Tax Amount $5,394
Tax Year 2024
Lot Size 6,250 Sqft
Acres 0.14
Property Sub-Type Improved Land
Source recolorado
Property Description
6,250sf Lot - Zoned U-SU-A1. Existing fully leased 4 plex & detached garage building currently on site. Rare Highlands 4 Plex for sale located on prestigous West Hayward Place consisting of restored, custom single family homes from the early 1900's. One of northwest Denver's most sought after streets. 2 blocks to Highlands Square Shopping District with over a dozen restaurants, bars, galleries, retail stores, etc. and a only a 5 minute bus ride to Union Station in downtown Denver. You can also walk or bike to nearby Sloan's Lake Park. Extremely high rental demand neighborhood with a walk score of 88. Fully occupied, this building has great bones and a steady 100% occupancy history, but is waiting for your sweat equity and a little TLC to bring this building back to it's original glory! Rents are low and can be increased with general overall improvements to the property. The 981 square foot detached garage building needs a little TLC and could be rented out to increase monthly rental income. There are actually 5 stalls, each with their own drive-in door from alley and service door access from the private back yard. This property could be the perfect buy and hold investment property to fix-up as you go, or live in one unit and rent the others for income, or redevop the entire 6,250sf lot and build new construction on the current lot or potentially split into 2 lots under the current U-SU-A1 zoning, subject to City and County of Denver approval. Assessed at $1,278,100. Lots of options - Make Offer!
Location
State CO
County Denver
Zoning U-SU-A1
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected
Garage No
Building
Lot Description Corner Lot, Level
Sewer Public Sewer
Water Public
Schools
School District Denver 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
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Brokers Guild Homes
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