Redevelopment opportunity in the very desirable Neikirk-Stewart subdivision between Mapleton Hill & Newlands, west of Broadway and close to the foothills and trails. This 6,104 sq ft lot currently has an approx 2,000 sq ft duplex (with 3 bed 1 bath upstairs & 2 bed 1 bath downstairs) that can provide some income while waiting for design and permitting approval. There are architectural plans already into the city for a 10 bedroom, 10 bath, 5,000 sq ft co-op home (with detached garage with 1 bed 1 bath ADU) which is in the permitting process. Buyer could partner with developer to complete that project. Alternatively, those plans could potentially be amended to build a single-family residence saving design fees. Value of the property is in the land and is being sold as-is. Price has already been reduced based on buyer's need to complete demolition & abatement. Call agent for more details.
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