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4824 W 38th Ave Denver, CO 80212
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Key Details
Sold Price $635,000
Property Type Single Family Home
Sub Type Attached Dwelling
Listing Status Sold
Purchase Type For Sale
Square Footage 1,780 sqft
Subdivision Cottage Hill Gardens
MLS Listing ID 9593218
Sold Date 02/22/21
Style Victorian,Ranch
Bedrooms 3
HOA Y/N false
Abv Grd Liv Area 2,180
Originating Board REcolorado
Year Built 1903
Annual Tax Amount $11,676
Lot Size 7,405 Sqft
Acres 0.17
Property Description
The MS-3 (Main Street) zoning makes this an amazing redevelopment parcel with 7,430 square feet, four blocks to wildly-popular Tennyson Street in Berkeley. It's both 4824 & 4826 W 38th Ave, a side-by-side duplex that's zoned for commercial and/or residential uses. Long-term, the value is in the land/great zoning. Initially, it was priced for redevelopment. Now, after price reductions, this is also an ideal candidate for an owner-occupying business or as a rental income property with what appears to be GREAT appreciation potential awaiting the urban infill redevelopment market to spring back up post-COVID. With mixed-use zoning and great signage opportunities, sufficient parking and centered between the vibrant West Highlands and Berkeley neighborhoods, this would be an excellent location for a wide variety of businesses. It also works well as a residential rental. This property was built as residential and is currently set-up as residential so financing it on a 30-year residential mortgage should work fine.
Location
State CO
County Denver
Area Metro Denver
Zoning U-MS-3
Direction 1/2 block west of Wolff (where Sprout's grocery store is) on 38th. Driveway entrance from 38th Ave is on west side of 4826 W 38th Ave. Park in parking lot in back. Lockbox near SE corner of building, near back/side door to east-side unit (4824).
Rooms
Basement Partial, Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Type 2+ Fireplaces
Fireplace true
Appliance Refrigerator
Exterior
Garage Spaces 7.0
Utilities Available Electricity Available
Waterfront false
Roof Type Tar/Gravel
Handicap Access Level Lot
Porch Patio
Building
Lot Description Level
Faces North
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Edison
Middle Schools Denver Montessori
High Schools North
School District Denver 1
Others
Senior Community false
SqFt Source Assessor
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Bought with Your Castle Realty LLC
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