Denver, CO 80220,225 Dahlia St

$1,525,000

$1,550,000

1.6%
Est.Price: ?

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Est. payment /mo

10,018 Sqft Lot


SOLD DATE : 08/04/2023

Key Details

Sold Price $1,525,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Subdivision Hilltop

MLS Listing ID 7695121

Sold Date 08/04/23

HOA Y/N false

Originating Board REcolorado

Annual Tax Amount $5,587

Lot Size 10,018 Sqft

Acres 0.23

Property Description

This 9940 square foot lot presents an exceptional opportunity to build your dream home in the highly sought-after Hilltop neighborhood, just one block away from Cramner Park. The property, previously used as a rental, is being sold As Is as part of a 1031 exchange, allowing the seller to defer capital gains taxes.

Located on the prestigious 200 block, the area is renowned for its collection of multi-million dollar homes, adding to the allure and potential value of the lot. Developers and discerning buyers alike should take a closer look at this property.

While considering the purchase, it is important to conduct thorough due diligence, including assessing zoning regulations, obtaining necessary permits, and carefully examining any potential issues. Moreover, it's worth noting that the seller has a one-month window to exercise their option for a replacement 1031 property, which may influence the timing of the transaction.

To ensure a smooth process and make informed decisions, it is advisable to seek guidance from experienced real estate professionals or legal experts specializing in real estate transactions. They can provide invaluable assistance throughout the acquisition and development stages.

Location

State CO

County Denver

Area Metro Denver

Zoning E-SU-G

Direction Dahlia and 2nd Ave

Exterior

Garage Spaces 2.0

Fence Partial

Waterfront false

Street Surface Paved

Building

Lot Description Level

Sewer City Sewer, Public Sewer

New Construction false

Schools

School District Denver 1

Others

Senior Community false

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)
Listed by [email protected],303-668-3742
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+1(303) 858-8100

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8300 East Maplewood Avenue, Suite 100, Village, CO, 80111

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