7109 W 61st Avenue Arvada, CO 80003
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!!
property details
Interior Features
Exterior Features
Utility & Building Info
Price History
| date | event | price | source |
|---|---|---|---|
|
03/26/2025
03/26/2025
|
Sold |
$455,182
|
REcolorado - Metrolist MLS |
|
02/25/2025
02/25/2025
|
Pending |
$450,000
|
REcolorado - Metrolist MLS |
|
02/23/2025
02/23/2025
|
Active |
$450,000
|
REcolorado - Metrolist MLS |
|
02/22/2025
02/22/2025
|
Active |
$525,000
|
REcolorado - Metrolist MLS |
|
02/17/2025
02/17/2025
|
Pending |
$525,000
|
REcolorado - Metrolist MLS |
|
01/23/2025
01/23/2025
|
Active |
$525,000
|
REcolorado - Metrolist MLS |
|
01/18/2025
01/18/2025
|
Pending |
$550,000
|
REcolorado - Metrolist MLS |
|
01/05/2025
01/05/2025
|
Active |
$550,000
|
REcolorado - Metrolist MLS |
|
12/28/2024
12/28/2024
|
Active |
$565,000
|
REcolorado - Metrolist MLS |
|
11/21/2024
11/21/2024
|
Pending |
$565,000
|
REcolorado - Metrolist MLS |
Market Trends
Source: Constellation1
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