, NA — Denver county

, NA — Denver county


Price
$955,000
Sqft
1225.00 SqFt
Baths
2
Beds
2

On a sun-soaked corner lot in the heart of Denver’s high-profile Highland neighborhood is 3106 and 3108 Fife Court, an exceptionally rare opportunity to purchase two tenant occupied investment properties with the potential to create a single family home or duplex in one of Denver’s original communities. Scottish Village is historically significant as the last remaining fragment of Highland Park, a distinctive enclave developed in 1874 by General William Jackson Palmer and Dr. William A. Bell, two of the most influential figures in the early development and settlement of Colorado. Whimsical, meandering streets and unconventionally-shaped lots modeled after Chicago’s famous Riverside neighborhood align with the contours of the area’s topography to create an extraordinary community aesthetic unlike any other Denver district. At present, a 1900-built brick duplex consisting of two separate one bed, one bath residences sits on the northwest corner of the lot. Gross monthly rental revenue is $3390/month until mid-2022, providing investors, architects and developers ample income to cover carrying costs while fine-tuning a design plan and awaiting city approval, should a purchaser choose to scrape and rebuild. (3106 Fife Court is leased until 5/31/2022 and 3108 Fife Court is leased until 6/30/2022). Special zoning (U-RH-2.5, UO-3, CO-3) within the Scottish Village grants homeowners expanded rights that are not typically permitted by Denver’s zoning code. These additional rights include: narrower setbacks from the lot lines, ability to build an accessory dwelling unit, rooftop patios that span the entire footprint of the residence, and the ability to build to full height on a greater-than-typical proportion of the lot. Limited commercial use for art studios, bed and breakfast or offices (non-medical) are also permitted. This listing is offered in as-is condition. Renderings are provided for marketing purposes and should not be relied upon. All plans subject to local approval.

SqFt Lot
5216.00
Lot Size
0.12
Basement
Unfinished
Common Walls
1 Common Wall
Appliances
Dishwasher, Disposal, Double Oven, Dryer, Range, Refrigerator, Self Cleaning Oven, Washer
Electric
None
Flooring
Vinyl
Cooling
None
Heating
Forced Air
Fireplaces Features
Living Room
Patio Porch Features
Covered,Front Porch
Water
Public
Sewer
Public Sewer
PPA
7487500.00
Parking Spaces
1
Roof
Unknown
Construction Materials
Brick
Builder Source
Public Records
PSF Total
$733.47
PSF Finished
$733.47
PSF Above Grade
$733.47
Previous Year Tax
3190.00
Year Tax
2020
Primary HOA Fees
0.00
Elementary School
Edison
Middle School
Strive Sunnyside
High School
North

Jeff Skolnick

RE/MAX Professionals
6020 Greenwood Plaza Boulevard
Greenwood Village, CO 80111, USA

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