9,750 SqFt Lot Berkley Area

Single Family or Duplex. Possible Triplex.

ADAMS COUNTY!

5375 Perry St Denver, CO 80212

  • Characteristics

    Land/Location Information

    Lot Size: 0.224 acres

    Lot Area: 9,750 SqFt

    Zoning: R2

    County Land Use Code: 1112

    APN: R0118802

    Old/Alternate APN: 1825-18-1-08-028

    School District: Westminster School District 50

    Subdivision Name: BERKELEY GARDENS

  • Condition

    Excellent opportunity for single family, duplex or possible triplex redevelopment!

    Great location, near Regis University, easy access to public transportation, downtown Denver/surroundings, with so many new builds and redevelopments nearby.

    Property is zoned R2 but may have the future potential for a triplex with variance.

    Adams county! More favorable build timing.

    The main structure has been scraped and the current "building" on the lot is storage space.

    It is currently being leased for $900/mo. Tenant would sign a lease. Income while getting plans and permits ready.

    Property appraised for $500k in 2023.

  • Numbers & Dates

    Numbers
    HOA: No
    Taxes: $2,485 (2024)
    Rental Income: $10,800
    ARV: $1,600,000-$3,000,000
    Asking: $350,000

    Dates
    Investor Inspection: Drive By
    Offers Due: 2/14/25
    Closing: 2/21/25
    Possession: 2/21/25

    Contact
    Amy McCraken
    AMcCraken@JoeHomeBuyer.com
    303-478-7895

    *HOA, Taxes, LTR, STR, Repairs, ARV and any other figures are estimates. BTVA.

*DISCLOSURE*
JOE HOMEBUYER IS EXPLORING ALL OPTIONS WITH THIS AGREEMENT. AS PART OF OUR DUE DILIGENCE WE ARE CONSIDERING SELLING OUR ASSIGNABLE CONTRACT FOR THIS PROPERTY. WE MAY NOT OWN THIS HOME - WE ARE NOT REAL ESTATE AGENTS. WE DO NOT REPRESENT THE SELLER. THE INFORMATION IS PROVIDED AS A COURTESY AND NOT MEANT FOR THE PURPOSES OF MARKETING THIS HOME.