$818,000
$839,900
2.6%For more information regarding the value of a property, please contact us for a free consultation.
2550 S Syracuse WAY Denver, CO 80231
4 Beds
1 Bath
2,856 SqFt
Key Details
Sold Price $818,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,856 sqft
Price per Sqft $286
Subdivision Bible Park
MLS Listing ID 5179091
Sold Date 03/30/22
Style Traditional
Bedrooms 4
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 2,000
Originating Board recolorado
Year Built 1981
Annual Tax Amount $1,387
Tax Year 2018
Acres 0.18
Property Sub-Type Single Family Residence
Property Description
Fantastic redevelopment opportunity in Cherry Creek School District (Arapahoe County, Denver postal address) and backing to the High Line Canal!
The sale includes 4 contiguous lots totaling approximately 1 Acre, comprised of 2 residential units located at 2550 and 2520 S Syracuse Way and 2 commercial lots located at 2540 and 2576 S Syracuse Way. 2576 being rented month-to-month for $500 as yard storage. 2520 S Syracuse Way is being rented on a month-to-month lease for $950 and 2550 S Syracuse Way is utilized as an office space.
Arapahoe County's recommendation is for a low-rise Multi-Family redevelopment and a recommended density between 13 and 26 multi-family units per acre. Alternatively, for SFR redevelopment, curing the lot dimensions is required by the county. Lot square footage requirements and water retention pond depend on what zone district the buyer chooses to rezone to. As a third option, the buyer can utilize the current zoning and the existing homes to run a home-style business e.g. Landscaping or Yard.
Location
State CO
County Arapahoe
Rooms
Basement Finished, Interior Entry, Partial
Main Level Bedrooms 4
Interior
Interior Features No Stairs, Smoke Free
Heating Forced Air
Cooling Central Air
Flooring Carpet, Linoleum
Fireplace Y
Appliance Dishwasher, Disposal, Oven, Refrigerator
Exterior
Parking Features Driveway-Gravel
Fence Full
Utilities Available Cable Available, Electricity Connected
Roof Type Composition
Total Parking Spaces 3
Garage No
Building
Foundation Slab
Sewer Septic Tank
Water Public
Level or Stories One
Structure Type Frame, Wood Siding
Schools
Elementary Schools Holly Hills
Middle Schools Prairie
High Schools Overland
School District Cherry Creek 5
Others
Ownership Individual
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Asio LLC