3801 Oak Street
Wheat Ridge, CO 80033
1709 sqft | 3 beds | 2 baths | 0.29 acres | #4829371
Description
HUGE PRICE REDUCTION. INCREDIBLE OPPORTUNITY FOR A TRADITIONAL HOMEOWNER OR AN INVESTOR/DEVELOPER!! This Applewood Estates neighborhood home on a corner lot is zoned R-3 and located on a massive 12.589 sg/ft. lot. There are almost Limitless options on this 12,589 Sq./Ft. lot.
For the more traditional homebuyer, this is a home that has been renovated & updated just over 4 years ago and features a professional, modern kitchen with granite counters, gas stoves & double ovens. warm, inviting features that greet those who don't want the cookie-cutter designs offered today. The separate music studio could then become an ADU, with potential rental income of $1,500-$2,200/month or utilized as a mother-in-law or guest suite. For the investor/developer, the city has approved building a triplex up to 3 stories high, with multiple projects in the neighborhood at $800,000+ each for townhomes. Perhaps the greatest ROI will be for the investor/developer that decides to build an approved 8-unit/one building ASSISTED LIVING-retirement center. Similar-sized projects are grossing anywhere from $30,000-$40,000 per month. This coveted neighborhood is close to I-70 and a quick escape to the Mountains. Great proximity to shopping, restaurants & all that Wheat ridge & Golden have to offer. NO HOA. Bring your RV's & Boats.
Please check the neighborhood comps & neighborhood builders & it won't be difficult to see both the immediate & long-term opportunities in front of you. Now only $699,000.
Property Details
- InteriorCeiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Pantry, Smoke Free, Vaulted Ceiling(s)
- Utility FeaturesCable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
- Exterior MaterialsBalcony, Dog Run, Garden, Private Yard
- Property SubtypeSingle Family Residence
- School DistrictJefferson County R-1
- Property ConditionUpdated/Remodeled
- Elementary SchoolWest Jefferson
- Sewer InformationPublic Sewer
- ViewMountain(s)
- BasementCrawl Space
- High SchoolWheat Ridge
- Lot DescriptionCorner Lot
- SubdivisionApplewood
- CountyJefferson
- Property TypePurchase
- Original List Price$799,000
- Middle SchoolEveritt
- MLS #4829371
- MLS #4829371
- Utility SourcePublic
- Taxes Annual$4,161
- Cost699000
- Structure TypeHouse
- Acres0.29
- Square Feet1709
- Year Built1917
- Bedrooms3
- Bathrooms2
- Full Baths2
- Parking Spaces2
Location
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Jay Stickney (#REC029675)
Listing Office: Brix Real Estate LLC (#RECINET1)
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