Marc Harrison - Coldwell Banker Distinctive
3333 N Lafayette Street
Denver, CO 80205

Description

Investor / Developer Raw Land Special in HOT RiNo neighborhood. 3125 SF Lot with full plans for use, if desired. Comps in the neighborhood on Humboldt are selling 2000 SF New Builds for $750,000. Zoned U-RH-2.5 allows Buyer to build a 2 story home (right side of rendering) onto the existing home (left side of rendering). Per zoning code and building setbacks, building a detached home would only allow for a 14' wide house unless buyer was able to get a variance from the city. Lot dimensions are 25' x 125'. Your chance to own or sell new construction only steps from RiNo. 3 New builds across the street. Build today or buy the lot and wait for the neighborhood to appreciate to LoHi prices. Great short term or long term play for any savvy investor. Get into RiNo for a great discount. Similar lots are listed for $350k+. Seller owns the adjacent lot and would execute a party-wall agreement in order for the buyer to attached their new build onto the existing home.

Details

MLS#5415929
Sub-TypeResale
StatusActive
Days On Site249

Features

ZoningU-RH-2.5
Acreage0.08

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80205
AreaDenver
Listing VS Median (in 80205)
Price:
$199,900
low | high
Med:
$499,450
99.849924962481% of Average
On Site:
249
low | high
Med:
35.500000
100% of Average
Listing Updated: 09/23/2018
MLS Number: 5415929
Listing Provided By:
Tim Walker  of  Five Four Real Estate LLC
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