7365 W 61st Ave, Arvada, CO 80003

Property Description

Attention builders, developers, investors, and value-add buyers! Exceptional redevelopment potential just 4 minutes from Downtown Arvada. Zoned R-6 Residential, this property screams potential for up to four residential units, making it an ideal opportunity for redevelopment, infill construction, or a custom residential project. With no HOA restrictions, you'll enjoy maximum flexibility in design and use, subject to City of Arvada approval. The neighborhood features several high-end redeveloped homes that have sold for over $700k, including next-door at 7255 W 61st Ave. Also see 6905 W 61st Ave., and 6008 Wadsworth Blvd Units A-E., showcasing the strong investment potential of the area. Ideally located just 4 minutes from Olde Town Arvada, the Wadsworth corridor, shopping, dining, parks, and light rail, with convenient access to Downtown Denver and the mountains. Buyer to verify zoning, allowable uses, density, utility connections, and all development requirements with the City of Arvada. The existing residence is not in occupiable condition and is being sold strictly as-is. The home has a broken water service line, and the water is currently shut off at the street. The seller will not repair or replace the line. The property has been priced accordingly, creating an outstanding opportunity for buyers looking to redevelop, build new, or maximize the site's potential.