135 137 S Lamar Street
Lakewood, CO 80226
- – beds
- – baths
- – sqft
- 14,633 sqft lot
- – on site
Here is an amazing opportunity in the Belmar area of Lakewood for a scrape, lot divide and build new with to up to four separate units possible! No HOA so no concerns there. Currently there is a 1610 Sq,Ft. duplex on a 14,633 Sq.Ft. corner lot that is zoned R-2. The property's condition is average to below average and is on that fine line between scrape or renovate. In my opinion the highest and best use is to scrape, divide the lot in two and build a new single family PLUS and an ADU on each side, creating 4 (four) total units. I spoke to a City of Lakewood planner and engineer several times and this very possible. There is a minor City of Lakewood (not FEMA) flood plain that nicks the corner of the lot (see pic) but will not reduce building envelope and actually I am told it will be revised and probably removed in the next year or so. Although the current total rents are low ($2470/mo), both sides are rented through 6/30/2025 so enjoy some cash flow while you gather permits & plans, etc. Welcome to drive by but please DO NOT contact tenants. Any showing will be arranged privately when under contract. Should be no problem with conventional financing but no FHA or VA. See supplements for R-2 Zoning and ADU guidelines. Seller will be doing a 1031 Exchange.
Listing courtesy of RE/MAX PROFESSIONALS
Last checked:
Checking…
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Last updated Oct 3, 2024
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MLS# 4115047 —
Location
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Latitude:39.71372679
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Longitude:-105.06762077
The Property
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Property Type:Land
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Property Subtype:Improved Land
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Parcel Number:061795
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Zoning:R-2
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Lot Features:Corner Lot, Subdividable
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Lot Size Area:14633
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Lot Size Acres:0.34
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Lot Size SqFt:14633
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Lot Size Units:Square Feet
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Exclusions:All tenant's personal property
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Fencing:Partial
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (303) 907-8660
- Office phone:
- (303) 985-4555
Taxes
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Tax Year:2023
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Tax Annual Amount:3456
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Tax Legal Description:SECTION 12 TOWNSHIP 04 RANGE 69 QTR SW SUBDIVISIONCD 703200 SUBDIVISIONNAME STAMBAUGH BLOCK LOT 0001 SIZE: 14633 TRACT VALUE: .336
Utilities
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Sewer:Public Sewer
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Water Included:Yes
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Water Source:Public
Schools
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Elementary School District:Jefferson County R-1
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Middle Or Junior School District:Jefferson County R-1
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High School District:Jefferson County R-1
The Community
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Subdivision Name:Belmar Area
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Association:false
Parking
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Attached Garage:false
Walk Score®
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Bike Score®
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Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).