3420 W 5Th Ave Denver CO 80204 MLS 2853692
$149,000
Listing courtesy of USAJ REALTY
3420 W 5Th Ave
Denver,
CO
80204
MLS# 2853692
Less Photos /\
Home Description: 3420 W 5Th Ave
**Developer’s Dream! Prime 1031 Exchange Opportunity in Thriving Barnum Neighborhood**
Prime investment opportunity in Denver’s transforming Barnum neighborhood! Ideal for a 1031 exchange, this 1,500 sq. ft. lot offers potential for land use, scrape, or redevelopment in an area experiencing significant rezoning and revitalization. The current structure, formerly an ADU, provides the option for rental income through a rent-back arrangement with the seller while you secure permits, anticipated to take approximately 8 months. This lot offers endless possibilities for 1031 exchange investors and developers seeking land use, scrape, and redevelopment opportunities in one of Denver’s most rapidly revitalizing areas.
Located within walking distance to Barnum Park, the Barnum Mountain Bike Park is also nearby, with beautiful Barnum Lake and its City views, and Barnum Recreation Center with pools to enjoy in the summer months. You will notice this property is surrounded by ample amenities.
**Please note: Gas service has been shut off to the property, and the insurability of the structure is unknown.** No interior showings will be permitted until an offer is received and accepted, and earnest money is deposited. Earnest money will become non-refundable ("go hard") 48 hours after Mutual Execution of Contract (MEC).
Take advantage of this rare opportunity to invest in one of Denver's fastest-evolving neighborhoods! Whether you’re looking for a scrape-and-build or a land-use investment, this property is poised for tremendous future potential. Be sure to check out the possibilities for 1031, land use, residential income, and redevelopment opportunities!
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Similar to: 3420 W 5Th Ave
25 Newton St
$384,900
MLS# 8103501,
King Real Estate Group Llc
School Information
- School District:Denver 1
- Elementary:Barnum
- Middle School:Strive Westwood
- High School:West
Financial
- Approx Payment:$755*
- Taxes:$1,456
Area Stats
These statistics are updated daily from the RE colorado. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(303) 921-4595 and speak with one of our real estate consultants.
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Listing Courtesy of USAJ REALTY.
For information or to schedule a viewing of this property (MLS# 2853692) located at 3420 W 5Th Ave Denver CO 80204, call: 303-921-4595
3420 W 5Th Ave, Denver CO is a single family home of 503 sqft and
is currently priced at $149,000
.
This single family home has 1 bedrooms.
A comparable home for sale at 123 S Julian St in Denver is listed at $389,000.
This home on 3420 W 5Th Ave has not had a price change.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos and Foreclosures
in Denver, CO.
Smiths, Club Valencia and North Capital Hill are nearby neighborhoods.
MLS 2853692 has been posted on this site since 11/14/2024 (today).