Lakewood, CO 80226,5509 W Mississippi AVE
Lakewood, CO 80226,5509 W Mississippi AVE
Lakewood, CO 80226,5509 W Mississippi AVE
40
$730,000
$725,000
0.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

0.82 Acres Lot

5509 W Mississippi AVE Lakewood, CO 80226

Est. payment /mo
SOLD DATE : 05/30/2023

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $730,000

Property Type Vacant Land

Sub Type Improved Land

Listing Status Sold

Purchase Type For Sale

Subdivision Kelton Heights

MLS Listing ID 4967737

Annual Tax Amount $3,968

Tax Year 2022

Lot Size 0.820 Acres

Property Description

5509 W Mississippi Ave is a conveniently located Lakewood property with opportunities galore! This is NOT your typical land listing...there are currently five structures on the front side of the lot with the entire backside of the land open! With M-N-S (Mixed Use - Neighborhood - Suburban) zoning, this .82 acre lot has a lot more potential AND could be a consideration for a scrape and rebuild! Bring your ideas and vision to make the best use of this property. The four tenant occupied units each have recent capital improvements, individual fencing, and are income producing. The front house is a single family residence with 3 beds and 1 bath, the next is a home with 2 beds and 1 bath, and the final rented property is a duplex and each side has 2 bed, 1 bath units. All units share a newer gravel driveway for parking. This is a great opportunity for all types of investors; earn rental income now AND capitalize on the "lower-intensity neighborhood-scale commercial" opportunities! This central location is less than 10 minutes to Bel Mar or 6th Ave freeway and 15 minutes to I-25 or Downtown Denver. Strictly sold AS-IS.

Location

State CO

County Jefferson

Zoning SFR

Exterior

Garage Driveway-Gravel

Building

Sewer Public Sewer

Water Public

Schools

School District Jefferson County R-1

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

Read Less


REColorado (REColorado MLS)
Listed by Discover Realty Group, LLC • [email protected]
Bought with NorthPeak Commercial Advisors, LLC

GET MORE INFORMATION

Robert Hryniewich

Broker Associate | FA039371

+1(303) 564-8900

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.