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Investment Highlights
- Great for home buyers with a speculative eye
- Covered land pay for the investor/ developer
- Allows for medium density multi-family developments to 3 stories
- Well maintained and ready to rent
- The flexible R-MF zoning allows for a wide range of uses like: Single family homes, Group home or senior care, Townhomes, Micro-unit apartments
- Large open paved and gravel entry allows for ample off-street parking
Executive Summary
This well-maintained single-family home is located roughly one block south of Sloan Lake Park in Lakewood's Edgewood neighborhood. Adjacent to South Sloan and Edgewater neighborhoods afford great proximity to many restaurants and shopping options from neighborhood anchor retailers like King Soopers, Target to Alamo Drafthouse, Sloan's Redevelopment and Edgewater Public Market's wide-range of local and regional stores and restaurants give this location a high walkability rating. All the growths these neighborhoods have experienced makes for a unique development opportunity and the residence provides an convent covered land play..
Property Facts
1 Lot Available
Lot
| Price | $967,136 CAD | Lot Size | 0.31 AC |
| Price Per AC | $3,166,837.69 CAD |
| Price | $967,136 CAD |
| Price Per AC | $3,166,837.69 CAD |
| Lot Size | 0.31 AC |
13,303 SF fenced with paved entry and gravel parking area in front of residence. The site located 1 block south of Sloan Lake park in the SWC of 16th Ave and Sheridan. 101 feet of frontage on Sheridan with 135 foot depth. Zoned R-MF, Lakewood
Description
Property consists of three separate legal parcels with each having a separate address: 1569, 1571 & 1577 Sheridan Blvd. Improvements: A Single Family Home built in 2004 having 1,994 Square feet of living area. Finished as a 3 bedroom/ 3 bath with large living dining and kitchen area. Lot: 13,303 SF (30.5 Ac) Lot Dimensions: 101’ X 135’
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 39-364-15-016 | Improvements Assessment | $30,171 CAD |
| Land Assessment | $19,451 CAD | Total Assessment | $49,623 CAD |
Property Taxes
Parcel Number
39-364-15-016
Land Assessment
$19,451 CAD
Improvements Assessment
$30,171 CAD
Total Assessment
$49,623 CAD
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1571 Sheridan Blvd
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