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$465,000

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9,583 Sqft Lot

Price Dropped by $20K

2225 S Iola ST Aurora, CO 80014

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Steve Prewitt - Investing In Colorado Real Estate

steve@investingincoloradorealestate.com +1(719) 439-0241

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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

HOA Y/N No

Annual Tax Amount $3,334

Tax Year 2025

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. Sign at Property with QR Code to Website Information. This will be the Only Units, in Waterford Place, with a 2 Car Garages Proposed for Each Townhome. All Documents Available and City of Aurora Ready for Permits. Once Building is Completed, Owner can File for Division of Units to Sell Individually. 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 of Vacant Lot. HOA covers Snow Removal, Private Road Care, Signage, Common Landscaping, Lawn Care, Trash & Non Potable Water Use. Last Property Sale was an 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 has 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. See Photo of Proposed Floor Plan for each Unit. 2 Bedroom/2 Bath, Skylights and 2 Car Garage. Can Be Modified by Builder.

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

Listed by Firecracker Realty LLC

NEARBY SCHOOL & BUSINESS

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Steve Prewitt - Investing In Colorado Real Estate

Broker

+1(719) 439-0241

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2225 S Iola ST Aurora, CO 80014

Steve Prewitt - Investing In Colorado Real Estate

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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2225 S Iola ST