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Key Details
Sold Price $250,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 908 sqft
Price per Sqft $275
Subdivision Lamar Heights
MLS Listing ID 8021204
Style Modular
Bedrooms 2
Full Baths 1
Year Built 1962
Annual Tax Amount $1,148
Tax Year 2025
Lot Size 0.750 Acres
Property Sub-Type Single Family Residence
Property Description
Attention builders, developers, investors, and value-add buyers! Exceptional redevelopment potential just 4 minutes from Downtown Arvada. Zoned R-6 Residential, this property screams potential for up to four residential units, making it an ideal opportunity for redevelopment, infill construction, or a custom residential project. With no HOA restrictions, you'll enjoy maximum flexibility in design and use, subject to City of Arvada approval.
The neighborhood features several high-end redeveloped homes that have sold for over $700k, including next-door at 7255 W 61st Ave. Also see 6905 W 61st Ave., and 6008 Wadsworth Blvd Units A-E., showcasing the strong investment potential of the area.
Ideally located just 4 minutes from Olde Town Arvada, the Wadsworth corridor, shopping, dining, parks, and light rail, with convenient access to Downtown Denver and the mountains. Buyer to verify zoning, allowable uses, density, utility connections, and all development requirements with the City of Arvada.
The existing residence is not in occupiable condition and is being sold strictly as-is. The home has a broken water service line, and the water is currently shut off at the street. The seller will not repair or replace the line. The property has been priced accordingly, creating an outstanding opportunity for buyers looking to redevelop, build new, or maximize the site's potential.
Location
State CO
County Jefferson
Zoning R6
Interior
Heating Forced Air
Cooling None
Flooring Linoleum
Exterior
Parking Features Concrete, Gravel, Oversized, Storage
Garage Spaces 1.0
Fence Full
Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
View City, Mountain(s)
Roof Type Shingle
Building
Lot Description Cul-De-Sac, Near Public Transit, Sloped, Subdividable
Sewer Public Sewer
Water Public
Structure Type Steel Siding,Vinyl Siding
Schools
Elementary Schools Secrest
Middle Schools North Arvada
High Schools Arvada
School District Jefferson County R-1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Casablanca Realty Homes, LLC
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