Opportunity for a multi-unit TOD project on one of the hottest blocks in the metro Denver area. 1/2 mile to the historic Olde Town Arvada restaurant & retail district, 1/2 mile to the G-line light rail station, almost 2/3 of an acre to develop, close proximity to Denver, Denver Highlands, easy access to I-70 and the mountains. Located in an Opportunity Zone! New multifamily units popping up all along Allison st. including a new 100 unit property with a cafe being built across the street. This property is located right in the middle of a potential 5 acre or more assemblage opportunity with neighboring properties, contact agent for details. Currently zoned R13 however abuts to R24 zoning, increase zoning with city approval. $3,000/mo current rental income. 3 bed/2 bath Home on property was completely renovated in 2019. Do not disturb tenant or walk property without contacting agent. Owner Financing available.
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