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Pamela Gonacha, Associate Broker
FOR SALE
$450,000

Address Not Available
Englewood, CO 80110

Single Family, Ranch
Residence
3
Beds
1
Baths
974
Sqft
0.14
Lot Size
Courtesy: David McIlwaine - Colorado Realty Experts; Phone: 720-560-2285
Discover the potential of this charming 3-bedroom, 1-bathroom home in Englewood, offering a variety of investment strategies. Whether you're looking to build sweat equity, explore development options, or secure a steady rental income, this property provides flexibility to realize your vision.The home features a bright and welcoming atmosphere with plenty of natural light, enhanced by newer vinyl windows. Enjoy the new bathroom vanity and well-maintained essential systems. It's the perfect canvas for those looking to add personal touches and increase value through improvements.Strategically zoned MU R-3A, the 6,000+ sq ft lot presents a lucrative development opportunity. It legally accommodates a new duplex or the addition of an Accessory Dwelling Unit (ADU) while retaining the existing structure. With recent duplex sales in the vicinity ranging from $900K to $1.3M, the potential for significant return on investment is substantial. Please note that zoning mandates a minimum of 3,000 sq ft per unit.Offered "as-is" with no seller repairs, this property invites buyers to capitalize on its versatility and prime location. Whether you're an investor, developer, or someone looking to customize their home while enjoying potential growth in property value, this Englewood gem is a rare find.
2025907
Single Family, Ranch, Ranch, 1 Story
3
Arapahoe
1 Full
1917
0.14 Acres
City Water
1
Block,Brick,Brick Veneer,Wood,Wood Frame
City Sewer, Public Sewer
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Courtesy: David McIlwaine - Colorado Realty Experts; Phone: 720-560-2285
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