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$539,500
2 Beds ⋅ 2 Baths ⋅ 5644324 MLS
Opportunity with this 2 bed, 2 bath home on an enormous 19,040 sq ft lot for future development! Original hardwood floors, a brick mantle fireplace and quality craftsmanship. Live in or rent this home as you plan your future development. This 19,000+ sq ft site is in Lakewood’s quickly developing Edgewood neighborhood. The flat 0.44 acre lot presents a compelling opportunity for builders and investors seeking positioning within a path of growth. The Lakewood R-2 zoning (see attached doc) with a 45-foot minimum lot width supports multiple single family development strategies (buyer to verify). The lot can be divided into three (3) single family lots with over 6,300 sq ft lots and can accommodate single-family homes with ADUs. Edgewood is located just North of the West Colfax corridor, where redevelopment and infill activity are underway—see Agent for details. This property benefits from continued westward expansion of Denver’s Sloan Lake urban core. The existing home is tenant-occupied with a month-to-month lease for $2400/month, providing revenue while plans and permits are pursued. This location is close to downtown Denver (4.5 miles), with quick access to the mountains via 6th Avenue. Edgewood is close to the neighborhood centers of Edgewater and Sloan’s Lake.

1801 Upham Street, Denver

Courtesy of LoKation Real Estate . EDDIE.GIVENS@GMAIL.COM,303-901-8478
$599,000
1 Beds ⋅ 1 Baths ⋅ 2817796 MLS ⋅ 1545-55 Sheridan Blvd BLDG.
This modest house could be a great first time buyer investment. It sits on a large lot, conveniently located at the convergence of Lakewood, Edgewater, and Denver. The W Colfax and Sheridan corridor has seen sustained residential investment over the past decade steadily narrowing the gap between what this land is and what it can become. The zoning M-G-U at 1545 Sheridan and R-MF at 1555 Sheridan carry no maximum or minimum unit density, leaving you free to determine the right course of action for its future. From adding an ADU to building two new homes with ADUs to maximizing density is all up to you. Both parcels are occupied on month-to-month leases. 1545 Sheridan, as a 1-bed/1-bath residence at $1,600/mo, and 1555 Sheridan as a vacant lot lease at $500/mo- generating $2,100 combined if the added income benefits your vision. Sloan's Lake Park and Bus Stop are just steps away, the Sheridan Station (W Line) is less than half a mile with direct service to Union Station and the Denver Federal Center. The Edgewater Marketplace-Target, King Soopers, Alamo Drafthouse-is within one mile. Walk Score:86.

1545 N Sheridan Boulevard, Denver

Courtesy of Keller Williams Advantage Realty LLC . julieleins@kw.com,720-474-0928


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