CO > Aurora > Waterford Place Sub 2Nd Flg 1St Amd
Aurora, CO 80014,2225 S Iola ST
Aurora, CO 80014,2225 S Iola ST
Aurora, CO 80014,2225 S Iola ST
Aurora, CO 80014,2225 S Iola ST
Aurora, CO 80014,2225 S Iola ST
Aurora, CO 80014,2225 S Iola ST
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Jennifer Kiss & Michael Brassem

Jennifer Kiss & Michael Brassem

$ 485,000
Est. payment | /mo

9,583 Sqft Lot

Save
$ 485,000
Est. payment | /mo
Save

9,583 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Waterford Place Sub 2Nd Flg 1St Amd

MLS Listing ID IR1048725

Condo Fees $250

HOA Fees $250/mo

HOA Y/N Yes

Annual Tax Amount $4,925

Tax Year 2024

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Improved Land

Source recolorado

Property Description

Fantastic Investment Opportunity. Last Undeveloped Land in Private Neighborhood HOA Community. There is no Real Estate Sign at Property. Please be mindful of Current Homeowners in the Neighborhood. This will be the Only Units, in Waterford Place, with a 2 Car Garage for Each New Townhome. All Documents Available and City of Aurora Ready for Permits. Triplex, Once Building is Completed can File for Division of Units to then Sell as Three Separate individual Improved Property Lots. Administrative Approval on Triplex Land Development. Drainage Plan Approved. Complete Detention Pond Project included in Plans. Triplex Design Approved. Land Survey Complete. HOA Dues not Payable and Due until Occupancy Permits are Received for each Unit. Current Owner pays Periodically for Lawn Mowing. HOA covers Snow Removal, Private Road Care, Signage, Common Landscaping, Lawn Care, Trash & Non Potable Water Use. Last Property Sale was Inter Office LLC Transfer Between Partners. Seller will be performing a 1031 Exchange. All Inquiries Welcome. Please Call the Agent with any Questions and all Inquiries to Provide additional information needed. Seller willing to Discuss Taking on Building Project to its Fruition for a Buyer/Investor. Seller will continue Obtaining permits, Utility Installation and all necessary Construction pursuits while this Property is on the Market. Updates will be made. Please call with Any Questions. This is a Unique Opportunity. Attached Documents: Some are not Recorded yet, Minor Changes could be made, However City of Aurora is in Final Approval for Document Recording. HOA Agreements are Finalized and to be recorded for Building Construction Accommodations etc. Title Commitment is Pulled and Updated as needed as we move forward.

Location

State CO

County Arapahoe

Zoning R-2

Interior

Fireplace N

Exterior

Fence Fenced, Partial

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Natural Gas Not Available

View Mountain(s)

Building

Lot Description Corner Lot, Cul-De-Sac, Level, Rolling Slope

Sewer Public Sewer

Water Public

Schools

Elementary Schools Ponderosa

Middle Schools Prairie

High Schools Overland

School District Cherry Creek 5

Others

Ownership Agent Owner

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

REColorado (REColorado MLS)
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Firecracker Realty LLC

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Jennifer Kiss & Michael Brassem
Jennifer Kiss & Michael Brassem

REALTOR®

12110 North Pecos St. Unit 100, Westminster, CO, 80234, USA

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2225 S Iola ST