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5245 Eldridge Street,  Arvada CO, 80002 ( Under Contract )

  • $540,000
MLS# 3656171
|
4 beds, 3 Full baths
Source:REcolorado

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Listing Provided Courtesy Of: MB Ed Tomlinson Real Estate Services
Last Updated: 11/24/2017 6:33 PM
Description for 5245 Eldridge Street,  Arvada CO, 80002
Fix up property but not a fix and flip. Create a great cash flow. Very rare A2 Zoning on almost 1 acre of land. No covenants, most anything is permitted. Separate 1 bedroom apartment should rent for $950 a month. Huge out building with heat and power that might rent for $1,000 a month or more. A 560' shed, a small carport and a play house. Live in home &rent apt. Use both home for you & apt for parents etc.. Rent both units & shops for $4,000 a month? Mostly needed for out buildings. Several new windows. Roof is only a few years old. Owner adding a hot water heater in apartment. Old well not used in decades, but it turned on, nor do we know if it's adjudicated. Owners looking for a Improvement Location Certificate (survey). Large pasture area on rear of property for additional rental income. Homes need carpet, paint and minor maintenance unless you want to update kitchens and baths from the early 1970's. Apartment was built in the early 80's so a play house on property.
Price
$540,000
Fairmont
Jefferson
4
3 Full
1,959 (approx)
3656171
Under Contract
Description
Fix up property but not a fix and flip. Create a great cash flow. Very rare A2 Zoning on almost 1 acre of land. No covenants, most anything is permitted. Separate 1 bedroom apartment should rent for $950 a month. Huge out building with heat and power that might rent for $1,000 a month or more. A 560' shed, a small carport and a play house. Live in home &rent apt. Use both home for you & apt for parents etc.. Rent both units & shops for $4,000 a month? Mostly needed for out buildings. Several new windows. Roof is only a few years old. Owner adding a hot water heater in apartment. Old well not used in decades, but it turned on, nor do we know if it's adjudicated. Owners looking for a Improvement Location Certificate (survey). Large pasture area on rear of property for additional rental income. Homes need carpet, paint and minor maintenance unless you want to update kitchens and baths from the early 1970's. Apartment was built in the early 80's so a play house on property.
Listing Information
Property Type: Single Family-Detached
Ranch 4
3 Full List Price
0.91 Acres 39,640 1,959 (approx)
$275.65 1954 Yes
Wood Siding, Frame
Fairmont
1,959 Sq. Ft. (approx)
Public Water Service, Well
Neighborhood
School Information
District: Jefferson County R-1
FAIRMOUNT DRAKE ARVADA WEST
Room Information
Bathrooms
3
Interior Features
Dishwasher, Disposal, Dryer, Refrigerator, Range-Oven
Carpet
Evaporative
Gas Heat, Forced Air
Crawl, No Basement
Double Pane
Alarm -Smoke/Fire,
Exterior / Lot Features
11 Parking Spaces, Off-Street, Carport (Detached)
Wood, Frame
Covered, Deck, Patio
A-2
Fenced (any type)
Out Building, Deck-Covered, Shed / Utility Building, Horse Property, Pasture
Financial Considerations
035479
$2,664
2015
Listing Price History

Arvada Real Estate

Arvada is located in Colorado. Arvada, Colorado 80002 has a population of 115,368.

The median household income in Arvada, Colorado 80002 is $69,550. The median household income for the surrounding county is $69,698 compared to the national median of $53,482. The median age of people living in Arvada 80002 is 40.5 years.

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Courtesy: Ed Tomlinson - MB Ed Tomlinson Real Estate Services
Copyright © 2017 REcolorado. All rights reserved. Information is deemed reliable but is not guaranteed.

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