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Pamela Gonacha, Associate Broker
SOLD
$500,000
Date 12/18/2023

765 Emerald Lane
Lakewood, CO 80214

Single Family
Residence
2
Beds
1
Baths
+
1 Three Qtr
1,068
Sqft
0.58
Lot Size
Courtesy: Capital Property Group LLC, [email protected],303-204-4464
Welcome to 765 Emerald Lane, a prime real estate opportunity in the heart of Lakewood, Colorado. This property showcases two income-generating homes on one lot, currently delivering a monthly rent of $1,300 and $1,800. Set in an custom home neighborhood, it seamlessly blends immediate cash flow with substantial development potential. Positioned on an expansive double lot spanning 25,418 square feet, this property offers the possibility of subdivision, creating space for the construction of two spacious single-family homes, potentially with Accessory Dwelling Units (ADU). While benefiting from existing rental income, you can also take your time to plan and design the layout of the two single-family residences. It's a rare chance to capitalize on both rental returns and the prospect of future development. There is a possibility of a zone change to build up to 6-8 units, however, seller and listing agent does not guarentee any information provided here and suggests Buyers to do their proper due diligence.
9179723
Single Family, Other
2
Jefferson
1 Full/1 Three-Qtr
1913
0.58 Acres
Other
Public Sewer
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Courtesy: Capital Property Group LLC, [email protected],303-204-4464

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