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  • $455,182

    7109 W 61st Avenue, Arvada, CO 80003

    3beds
    1,974sqft
    Single Family Residence
    Built in 1947
    0.54 Acres Lot
    $455,200 Zestimate®
    $231/sqft
    $3,019 Estimated rent

    What's special

    EXCEPTIONAL INVESTMENT OPPORTUNITY: PRIME LOT FOR DEVELOPMENT!!! Back on market; buyer financing fell through at the last minute! Welcome to a unique investment opportunity in a highly sought-after area! This single-family home is situated on a generous lot with potential for significant future development. Boasting ample space, this property is zoned to allow the construction of up to three single family homes, a triplex, or a single family home plus a duplex, making it an ideal choice for investors or builders looking to maximize profitability. PROPERTY HIGHLIGHTS: Spacious Lot: A generous parcel offering the potential to build up to three homes, providing ample room for expansion and development. Prime Location: Minutes away from Olde Town's shops, galleries, restaurants, boutiques, coffee shops, live music, outdoor events Walkable: Olde Town is pedestrian-friendly and easy to stroll around. Location: Olde Town is also home to residential living and is a stop on the RTD's G Line commuter rail, which goes to Denver International Airport. Single-Family Home: A single family residence currently on the lot, offering immediate rental income or a comfortable living space while you plan your development project. Development Potential: Zoned for multi-home construction, this property offers exceptional flexibility and opportunities for maximizing investment value. INVESTMENT BENEFITS: High ROI Potential: With the ability to build multiple homes on a single lot, investors can significantly enhance their return on investment. Desirable Area: Benefit from a location that attracts interest from buyers/renters, ensuring strong marketability of new properties. Strategic Growth: Take advantage of the area's growth trends and rising property values to secure a lucrative development opportunity. Don't miss out on this rare chance to capitalize on a prime piece of real estate. Contact us today to explore the potential of this exceptional property!!

    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2025 at 10:41am

    Listed by:

    Valerie Beaudoin 303-726-1847 vbeaudoin00@gmail.com,

    Berkshire Hathaway HomeServices Colorado Real Estate, LLC,

    Katie Beaudoin 303-909-2318,

    Berkshire Hathaway HomeServices Colorado Real Estate, LLC

    Bought with:

    Paul Motz-Storey, 40023169

    Storey Real Estate & Constr

    Source: REcolorado,MLS#: 4222203MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom
    • Level: Main
    Other
    • Level: Basement
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: In Unit
    Features
    • Basement: Cellar,Partial
    Interior area
    • Total structure area: 1,974
    • Total interior livable area: 1,974 sqft
    • Finished area above ground: 1,264
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Partial
    Lot
    • Size: 0.54 Acres
    Details
    • Parcel number: 004053
    • Zoning: R-6
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Block, Vinyl Siding
    • Roof: Composition
    Condition
    • Fixer
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Agriculture/Ditch Water, Public
    • Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired)

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Arvada
    • Subdivision: Rowans

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash
    • Ownership: Individual
    • Road surface type: Paved
    Services availability
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    Estimated market value

    $455,200