Listing courtesy of: Jay Stickney, Brix Real Estate LLC
Assumed Rate
Principal & Interest
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.
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Fill out an application to explore financing options for assuming this loan.
You cover the entire equity of $356,748!
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*Secondary financing rates are an estimated value based on input
MLS ID: REC4829371
Listing From: recolorado
Last updated: 2025-04-03T17:40:25.000Z
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Assumed Rate
Principal & Interest
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
You cover the entire equity of $356,748!
Enter a smaller amount if you prefer to use secondary financing.
*Secondary financing rates are an estimated value based on input
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