1571 Sheridan Blvd, Lakewood, CO 80214

$750,000

Listing courtesy of Keller Williams Advantage Realty LLC

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Home Description

Location Location Location! This well maintained single family home sits on three platted lots in a small pocket of northeast Lakewood known as Edgewood. With its close proximity to Sloan Lake, the property offers home buyers and investors an opportunity to acquire the property for future redevelopment. Located in an area designated for Community Reinvestment Funds (log onto: oedit.colorado.gov for more information). The R-MF zoning offers flexibility for a variety of housing options, including: • Single-family homes with accessory dwelling units (ADUs) • Group homes • Multi-family developments such as townhomes, micro-apartments, or small apartment complexes With zoning allowances subject to height limits, setbacks, and other restrictions, this property opens the door to creative development possibilities. Ideally located just steps from shopping and the scenic Sloan Lake Park, it offers both convenience and investment potential. This property qualifies for Sunflower Bank's Community Reinvestment Act program which offers 1.75% of loan amount lender credit towards Buyers Closing Costs, Pre-paids or discount points . This Program qualifies for Investment Properties, Primary Residences Loans regardless of borrows income.