$500,000
Rare opportunities like this do not come along often in Englewood. This permit-ready development site offers highly desirable M-1 zoning, one of the few zoning designations in the city that allows for a true mix of uses including short term rentals. For developers and investors looking to capitalize on a strong rental market and continued growth in the area, this project is positioned perfectly with a huge profit margin. Plans are already in place for a striking modern duplex featuring a simple yet sophisticated architectural design that will appeal to today's renters and buyers alike. Each thoughtfully designed unit includes three bedrooms and two and a half bathrooms with the primary suites oriented to the west to capture beautiful Colorado mountain views. The open main living spaces are designed to flow seamlessly to the outdoors through collapsible sliding doors that lead to covered back patios, creating an ideal indoor-outdoor living experience. Both residences feature detached two-car garages and generous backyard areas that provide the feel and functionality of a single-family home while maintaining the efficiency and value of duplex construction. Architectural and engineering plans are complete and available upon request, allowing a developer to step into a project that is ready to move forward. The location only adds to the value. Situated just blocks from Englewood's renowned medical district, including Swedish and Craig Hospitals, the property also enjoys convenient access to Broadway's vibrant dining, shopping, and entertainment corridor. This is a rare chance to secure a permit-ready project in one of Englewood's most flexible and investor-friendly zoning categories.
1860152
MLS
⋅
ACTIVE
Status
3420 S Downing St, Englewood
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