Lakewood, CO 80214,765 Emerald LN
Lakewood, CO 80214,765 Emerald LN
Lakewood, CO 80214,765 Emerald LN
18
$500,000
$475,000
5.3%
Est.Price: ?

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2 BD
2 BA
1,068 SqFt

765 Emerald LN Lakewood, CO 80214

Est. payment /mo
SOLD DATE : 12/18/2023

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Key Details

Sold Price $500,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,068 sqft

Price per Sqft $468

Subdivision Green Acres

MLS Listing ID 9179723

Bedrooms 2

Full Baths 1

Three Quarter Bath 1

Year Built 1913

Annual Tax Amount $2,424

Tax Year 2022

Lot Size 0.580 Acres

Property Description

Welcome to 765 Emerald Lane, a prime real estate opportunity in the heart of Lakewood, Colorado. This property showcases two income-generating homes on one lot, currently delivering a monthly rent of $1,300 and $1,800. Set in an custom home neighborhood, it seamlessly blends immediate cash flow with substantial development potential. Positioned on an expansive double lot spanning 25,418 square feet, this property offers the possibility of subdivision, creating space for the construction of two spacious single-family homes, potentially with Accessory Dwelling Units (ADU). While benefiting from existing rental income, you can also take your time to plan and design the layout of the two single-family residences. It's a rare chance to capitalize on both rental returns and the prospect of future development. There is a possibility of a zone change to build up to 6-8 units, however, seller and listing agent does not guarentee any information provided here and suggests Buyers to do their proper due diligence.

Location

State CO

County Jefferson

Zoning R-1-12

Interior

Heating Baseboard

Cooling None

Exterior

Roof Type Other

Building

Lot Description Corner Lot, Level, Subdividable

Story One

Sewer Public Sewer

Structure Type Other

Schools

Elementary Schools Molholm

Middle Schools Creighton

High Schools Lakewood

School District Jefferson County R-1

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, Private Financing Available

Listing Terms 1031 Exchange, Cash, Conventional, Private Financing Available

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Capital Property Group LLC • [email protected],303-204-4464
Bought with Your Castle Real Estate Inc

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Robert Hryniewich

Broker Associate | FA039371

+1(303) 564-8900

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