Incredible Investment Opportunity! 959 S Wolf Street and 971 S Wolff Street are being sold together. City and County of Denver has just approved the new zoning on E-TU-C that allows duplexes and ADU's. Each lot can be divided again as long as there is 5500 SF per lot and each would hold a duplex for 6 duplexes and 6 ADU's with the potential of 18 units on this parcel of land that totals 37500 SF. Please do your due diligence with the City and County of Denver prior to writing an offer. Each lot currently has water, sewer, gas, and electricity. Home on 971 S Wolff in uninhabitable (burnt) and has been properly been remediated (see supplements) and the other property is rented on a month to month basis. Please do NOT bother the tenants and once we have an executed contract we can get access to the property. Zoning information is the Supplements. The hard work of the rezoning is done and with a Site Development Plan Review is all you need to do to make this quiet location a great opportunity. Road access from Wolff.
Offered By
Carol Hertel carol@coloradopeakteam.com,303-268-8800, RE/MAX Professionals
Utility FeaturesNatural Gas Available, Electricity Available
SEWERCity Sewer, Public Sewer
Year Built1936
ARCHITECTURAL STYLERanch
RoofComposition
Lot FeaturesLevel
Garage spaces20
CITYDenver
SUBDIVISIONKentucky Gardens
COUNTYDenver
AREAMetro Denver
STATECO
SENIOR COMMUNITYNo
TAX AMOUNT1833.0
LATEST UPDATE2024-09-25T21:37:23.782Z
DAYS ON MARKET1
PRICE CHANGE(S)
$1,150,000 Sep 25, 2024
Market Trends
New Properties On Market
37
363%
Increase In New Listings
Average Asking Price
$492,994
$133,810 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$365
$43 Increase In List Price/Sq. Ft.
Average Days On Market
7
36 Day
Decrease In Days On Market
Data as of Feb 05, 2025.
Remaining statistics above are calculated on activity within the period from Dec 01, 2024 to Jan 31, 2025.
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