7109 W 61st Ave, Arvada, CO 80003

Property Description

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!!