THIS PROPERTY IS GOING TO MAKE THE NEXT HOMEOWNER OR INVESTOR VERY RICH. 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 opportunities for those buyers with vision, who can recognize the enormous potential. 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. 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 & all that Wheat ridge & Golden have to offer. NO HOA. Bring your RV's & Boats. This magnificent & sprawling property is now PRICED TO SELL. Please check the neighborhood comps & it won't be difficult to see both the immediate & long-term opportunities in front of you. At only $799,000, please act quickly.

Listing courtesy of Brix Real Estate LLC Jay@BrixDenver.com



The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO real estate listings held by brokers other than Brix Real Estate LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.