Start of property details
2445 S Jackson Street
Denver, 80210
FOR
SALE
$2,000,000
For Sale
5
Beds4
Baths2
Garage2,774
Sq.Ft.0.41
AcresMLS# 2904978
Listed on site 36 days since October 25th, 2023
Property Details
Amazing opportunity to build one or two new luxury homes on one of Denver's prettiest streets. The home is livable but needs updates and repairs and is being sold as-is. The highest and best use for this rare 18, 000 SF lot is to be subdivided into two 9, 000 SF lots with two luxury new builds Other large lots in the neighborhood are typically only 7500 SF and new home sales since 2021 have sold for a median of $3, 485, 000. This portion of Jackson Street is often described as a country lane in the city. The cottonwood tree-lined street has no cross streets and has lots varying from 1 / 3 of an acre to 1 1 / 2 acres. 2445 S Jackson St already has a temporary 2nd address from the city. A survey showing both lots and all information the city needs to sub-divide has been completed. Asbestos testing was done inside and all asbestos has been removed with certification. The lot has two curb cuts and two gates and a new circular driveway that can easily be modified to be reused for two new homes. There is a newer privacy fence in the backyard and wrought iron fencing around the front yard. A two year old home down the street sold recently for $3, 245, 000 on a slightly smaller lot. Observatory Park's highest price sale is $5, 396, 000. The median above ground price per square foot for homes built since 2021 was $856 PSF above ground and $580 PSF total. Those new builds sold in a median of 36 days. Observatory Park is a premier Denver neighborhood with two parks and a great location right between downtown Denver and the Denver Tech Center. This property has a HUGE profit potential and is totally ready for redevelopment!
Property Highlights
Price
$2,000,000
Property Type
Residential
Property Sub Type
Single Family Residence
Architectural Style
Traditional
Total Bathrooms
4
Year Built
1952
Acres
0.41
Location
County
Denver
Direction Faces
East
Subdivision
Observatory Park
Zoning
S-SU-D
Property Details
Condition
Fixer
Price
$2,000,000
Property Sub Type
Single Family Residence
Property Type
Residential
Building
Levels
Two
Structure Type
House
Total Area
2,774
Community
Local Schools
Elementary School
University Park
High School
South
Middle School
Merrill
School District
Denver 1
Interior Features
Bedrooms and Bathrooms
1/2 Bathrooms
1
3/4 Bathrooms
1
Bathrooms on Main Level
2
Bedrooms
5
Bedrooms on Main Level
1
Full Bathrooms
2
Total Bathrooms
4
Rooms and Basement
Basement Features
Crawl Space
Area and Spaces
Above Grade Finished Area
2,774
Living Area
2,774
Appliances
Appliances
Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Gas Water Heater, Microwave
Interior Features
Electic
220 Volts, 440 Volts
Fireplace Features
Family Room, Wood Burning
Flooring
Carpet, Tile, Wood
Interior Features
Built-in Features, Entrance Foyer, High Speed Internet, In-Law Floor Plan, Primary Suite, Tile Counters, Utility Sink, Walk-In Closet(s), Wired for Data
Laundry Features
In Unit
Security Features
Carbon Monoxide Detector(s), Smart Cameras, Smoke Detector(s)
Window Features
Double Pane Windows, Window Treatments
Heating and Cooling
Fireplaces
1
Heating Features
Forced Air, Natural Gas, Wall Furnace, Wood
Building Details
Construction
Architectural Style
Traditional
Foundation
Concrete Perimeter
Year Built
1952
Materials
Construction Materials
Frame, Vinyl Siding, Wood Siding
Roof
Composition, Membrane
Terms
Terms
Exclusions
Seller has the right to remove any and all items on or in the property including but not limited to; appliances, lighting, plants, stones, plumbing fixtures.
Ownership
Agent Owner
Special Conditions
None
Special Terms
Cash, Conventional, Jumbo, Other
Taxes
Tax
Tax (Annual)
$6,968
Heating, Cooling & Utilities
Cooling Features
Air Conditioning-Room, Attic Fan, Central Air
Utilities
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected
Water Source
Public
Lot
Acres
0.41
Lot Features
Landscaped, Level, Many Trees, Near Public Transit, Sprinklers In Front, Sprinklers In Rear, Subdividable
Lot Size
18,000
Lot Size Area Sq Ft
18,000
Exterior Features
Exterior Features
Garden, Private Yard, Rain Gutters
Fencing
Full
Patio And Porch Features
Covered, Front Porch, Patio
Parking
Garage Capacity
2
Parking Features
Circular Driveway, Concrete, Exterior Access Door, Oversized, Storage
Total Parking Spaces
2
Listed by Kentwood Real Estate Cherry Creek, 720-422-0950.
Listing Data last updated 30th November, 2023 23:00 MST
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Property History
36 days ago
Property Listed
14 days ago
Property info last updated
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Listing Data last updated: 30th November, 2023 23:00 MST
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Listed by Kentwood Real Estate Cherry Creek
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