Sounds too good to be true for $169,900? It should be! But it’s for real. This terrific little gem is perfect for those of you who want private outdoor space (have a dog?), a private garage (have toys?), and in a prime location, but without all the commitment of a single family home. What more can you ask for? It’s walking distance to the heart of The Highlands – 32nd & Lowell, and to Sloan’s Lake. It’s cheaper than rent! This would be a terrific investment property for investors looking for a turnkey opportunity in one of northwest Denver’s hottest neighborhoods.
This cozy West Highlands pad features original wood floors, a newer furnace, newer paint, extra storage, 2 bedrooms, 1 bathroom, all appliances included (inc. washer and dryer), neutral finishes, quiet street. The best part? Mrs. Clean lives here – your next home is move in ready! It is a garden level cutie – stays EXTRA cool in the HOT summertime.
This is a small community of only 4 units – very quiet, and serene.
I am conducting pre-listing showings for qualified Buyers over the next 2 weeks. Want to get in before the mad rush of showings begin? Call me today, Rachel Betz Real Estate: 303-534-5000.
Many years ago, Denver’s “Mousetrap” was notoriously known by most Colorado residents as the vicinity where I-25 and I-70 converge – an area stricken with horrendous traffic jams during morning and afternoon rush hours. This location was definitely not seen as a highly desirable place to live or work, but its time has come.
You will likely see Denver homes for sale and other real estate investments around the new development, begin to increase in value. If you are considering buying a home in the area, now is the time to buy to get your best deal. Once construction is complete, property values are anticipated to increase exponentially. While this northwest Denver neighborhood does not yet have the cache of The Highlands or Lohi, it will be a more affordable opportunity for home Buyers, and will offer even more shopping & dining options. I predict a big jump in Sunnyside home values as a result of its close proximity. And I’m not alone in this prediction. =) Talk about a walkable lifestyle, 25/70 is it! Stay updated on all Northwest Denver happenings by following this Facebook page.
The revitalization of the Mouse Trap area is supported by major three factors:
• First, the reconfiguration of I-25 and I-70 over the course of many years, which has alleviated many traffic jam problems.
• Second, Denver’s extensive Light Rail expansion plan. The design is a 12-year, $6.5 billion dollar project that is currently under construction, and will expand on previous public transportation projects in the area both in and around the Mouse Trap.
• Third, a $100 million project proposal submitted by real estate development company Ascendant Development that will create and build a mixed-use campus area consisting of a combination of multi-family housing, professional office space, design studios, restaurants, conference and event venues, and retail stores on the site of the old Denver Post printing plant (northwest of 25/70 interchange).
Ascendant Development purchased the parcel of land in 2008 for $17 million from the Denver Newspaper Agency, and plans to complete the entire development project in three phases. The first phase should be finished in late 2014. This development is just one more example of Denver’s continued growth, expansion, and desirability. The phased, mixed-use development is planned to include residential living, terrific designer shopping options, other retail, and office space. There are plans for a dynamic live/work type of atmosphere.
The old printing plant area consists of a 41 acre parcel that is slated to be designed by a distinguished architect by the name of Brad Cloepfil, who is best known in the Colorado region for drawing the architectural plans for Denver’s Clyfford Still Museum. Mr. Cloepfil’s architectural firm is also responsible for designing many prestigious projects such as the expansion for the Seattle Art Museum in 2007 and the renovation of the Museum of Arts and Design in New York City in 2008.
Interested in buying a home for sale around the future Denver 25/70 Development? Start searching for homes now, and call me for an appointment: Rachel Betz Real Estate 303-534-5000. Visit the 25/70 official website.
HUD’s Good Neighbor Next Door Program Offers Homes at 50 Percent off Appraised Values
Good news for teachers, firefighters, law enforcement (police) officers and emergency medical technicians in Colorado! You may be eligible to purchase a home for half of its appraised value as part of the U.S. Department of Housing and Urban Development (“HUD”) Good Neighbor Next Door (“GNND”) sales program!
In an effort to draw people who work in these professions to certain “Revitalization Areas” around the United States, HUD is offering great deals on eligible properties. This offer might sound too good to be true, but the purpose ofthe GNND program is to improve the overall quality of live for individuals and families living in specific urban areas by encouraging teachers, firefighters, law enforcement agents and emergency medical technicians to live there.
How to Determine Eligibility
Not everyone qualifies for the GNND program. There are specific eligibility requirements that can be found here.
How to Find Available Properties
It’s easy to find homes that are currently listed as GNND properties. Simply visit this page on HUD’s website. You will see a map of the United States. Either click on the state in which you want to search for available homes or enter information into the search boxes to narrow your property choices to a specific area. Or, you are welcome to call my office as soon as possible. I can help you pinpoint specified Revitalization Areas in Colorado. And I would be happy to alert you when eligible properties become available.
What’s the Catch?
There are certain requirements that must be fulfilled in order to qualify for a GNND home. Besides being employed full-time as a teacher, firefighter, law enforcement officer or emergency medical technician in an eligible school district, agency, or department, a few other obligations must also be met.
Program participants must agree to:
- Live in the property for a minimum of three years as their sole residence.
- Sign a certification each year they live in the property.
More details on how the program works for members of the military, how mortgages are handled for GNND properties, and what happens if homeowners cannot fulfill their GNND obligations can be found here.
Questions, Questions and More Questions!
Most people who work in the professions that can benefit from the GNND program have many questions about participation. HUD has an extensive Frequently Asked Questions page on their website where the most common inquiries are addressed.
As a real estate agent who is licensed in Colorado, I am commonly asked about eligible GNND properties in specific metro Denver-area neighborhoods. The program focuses on areas around the United States that are designated as “Revitalization Areas.” All homes currently available are listed on HUD’s website.
An important requirement of the program is that you work with a licensed real estate agent. As a Realtor with extensive knowledge and experience with the GNND program, I would be happy to assist you in locating and purchasing an eligible property that will meet the needs of you and your family.
The GNND program is real and it’s happening NOW. So if you qualify, don’t miss out!
Stunning Craftsman Bungalow 2 blocks from Sloans Lake! Denver, Colorado listing – Rachel Betz Real Estate
This gorgeous remodel is now SOLD! It has been updated and transformed throughout, and you won’t have to lift a finger! This stunning single family home has over 2,600 total square feet. The downstairs has been completly remodeled to include a mother-in-law apartment suite. While it is not considered a duplex, the separate entry, kitchen, bathroom and living quarters make this a prime investment property, great place to entertain, or the ultimate man-cave! This property is blocks to the light rail, and a minute walk to the future Belmar of North Denver – The Saint Anthony’s Redevelopment Site. Some of the renovations are detailed below:
1. WHOLE HOUSE
-New Electric (re-wire & panels)
-New Exterior Paint
-New front railing
-New Garage Door
-New Water Heater
-Refinished Wood Floors
-Demo Walls & Windows to add French doors & open floor plan
-Custom Built-In Bookcases
-New Light Fixtures
-New Drain Lines
-New Framing & Insulation
Additional features: 2 Car garage, RV parking, wood floors, separate washer dryer hookups, great storage, extra large lot
Neighborhoods: Sloans Lake, West Colfax, The Highlands, West Highlands, Edgewater
Renovated Income Property – 2 blks to Lightrail & 2 blks to Sloans Lake – Saint Anthony Redevelopment Site
Top of the line duplex available in the gentrifying West Colfax neighborhood of Denver, Colorado. This is a turnkey rental property perfect for the 1st time or seasoned investor. Are you looking to own a home, but want to offset your expenses with a prime rental property? This beauty is THE ONE. It is a solid brick duplex, each unit having its own separate entrance. The owner has completed an incredible amount of renovation and updates over the past couple years – you won’t have to lift a finger! It is tenant-ready. The property boasts new windows, a newer roof, on demand tankless water heater, fully renovated bathrooms and a 2 car garage. The kitchens have also had “facelifts.” Best of all? Each unit comes with a full applicance package, including a washer and dryer in each unit. This property is 2.5 blocks south of Sloan’s Lake and the St. Anthony’s redevelopment site, and 2.5 blocks north of the Lightrail West Corridor stop at Perry St. If you can’t afford the Highlands, this is the place to buy! Location, Location, Location. This is the property for your seasoned and amateur investors.
South Highlands Sloans Lake (West Colfax) Natural Serene Home FLOODED with LIGHT! 3 bedrooms 2 bathrooms – FHA 203k Masterpiece on a Budget Denver Colorado
This natural and serene new construction home is my ABSOLUTE FAVORITE small home I have helped a client buy all year. It is not large, it is not pure luxury, but this home has a feel and a soul that is so rarely captured in this amount of square footage. As a Realtor, I try to give my opinons to client from a neutral (Real Estate Professional) perspective, without influencing them too much with my personal taste. From the minute I walked into this home, I knew it was special. It took an incredible amount of effort not to tell my client she was crazy not to make an immediate offer. This home had SOUL. The Sellers purchased this property with an FHA 203k loan a few years back, and actually rebuilt the entire home keeping only a small portion of the original foundation. While the FHA 203k rehabilitation loan is much more restrictive now, the Sellers took full advantage of it at the time. The exterior of the home is quite unasuming, but the interior evokes a sense of peace, naturalness, and reflective space. It is influenced by South America – Guatemala to be exact. The hand trowled walls and teak floors speak to its South American influence. While the Sellers chose many upgrades including cherry cabinets, stainless steel appliances & granite countertops (and even a 2 car garage!), the home has a truly understated feel and a comfortable elegance not commonly found in similar transitioning/gentrifying Denver neighborhoods.
If I was house hunting in the Sloans Lake, Highlands, or West Colfax neighborhoods in this market, I’m not certain I could find an more exquisite and pocket-concious buy. Can you believe this home was purchased for under $180,000? Yes, it is true. This home is steps from the new light rail (west corridor), a few minutes walk from Sloans Lake, a couple minutes drive to downtown, and in the heart of an active & exciting reenergized neighborhood. One more item of interest…this home was purchased by the Sellers as part of the Good Neighbor Next Door program, which benefits Teachers, EMTs, Firefighters, and Police Officers in Denver Colorado. It is an incredible program. Call me for more details and to see if you could qualify for the Good Neighbor Next Door Program. Rachel Betz Real Estate 303-534-5000
I LOVE this house. Congratulations Yana – I’m a bit jealous! I might want to negotiate a first right of refusal when you want to sell…
We started out on a quest to find the ultimate Victorian home in either The Highlands, City Park, or Baker. What did we end up finding? A sweet cottage right on Chaffee Park in Sunnyside (Upper Highlands if you please). Every so often my clients surprise me, and change focus in the middle of the home buying process. What changed the game in this situation? The Park. And I must say it wasn’t a bad move. Parks are one of the most desireable features when homeowners begin shopping for real estate (Check out this recent article: http://financiallyfit.yahoo.com/finance/article-112789-9739-2-local-allures-that-raise-home-values.)
Why this house rocked: Chaffee Park frontage, extra square footage from a well-done addition, tons of potential, wood floors, a full basement, 3 minutes to either I25 or I70, AND there’s a shop down the street that makes homemade tortillas! SOLD! What this house lacked: great bathrooms and kitchens…BUT my clients are renovating the kitchen immediately, and I know it will be amazing! FYI, this was the house with the Inhouse Outhouse…remember that? http://rachelbetz.com/2011/04/22/don%e2%80%99t-be-fooled-it%e2%80%99s-an-upgrade-%e2%80%93-adventures-in-colorado-real-estate-2-the-inhouse-outhouse/. The word on the streets is that Jazz in the Park is coming back to Chaffee Park in Sunnyside on Thursday, July 7, 2011. I know a couple people who have front row seats. =) You just can’t beat an Upgrade like that!
Congratulations J&K on your first home! I hope it’s all the upgrade you could ever want and more!
Hands down, price per square foot, I have not closed a better deal for a buyer in the Highlands than this amazing single family home. This well-located home was a perfect solution for my first time buyer who wanted an income property or an ideal roomate situation. Where can you find 2,250 square feet in the Highlands for under $200,000? You can’t. Truly. The Highlands is one of those Denver neighborhoods where a deal like this is virtually untouchable.
The best about this property: Many contemporary updates, huge & well planned square footage, low-maintenace and xeriscaped yard, large rooms, with spacious and private areas perfect for roomates. While this property did not have a garage, why on earth would it matter when a 2 car garage could be built for $10,000 in due time? Deals like this don’t happen every day – seize the day! Congratulations Julie…I’m so happy for you and the fact that your first home is A PERFECT FIT.
Oh, my friends…it is true. There is such a thing as the INHOUSE OUTHOUSE. This very rare specimen of Real Estate Upgrade is like no other. Have you ever been camping at a campground? If so, you may have had the pleasure of using an outhouse. Have you pulled over at a reststop along the highway during a roadtrip? If so, you may have had the pleasure of using an outhouse. For many of you, I would assume the outhouse is something you would agree should be left outside. For others, it sparks such a unique and enjoyable experience, you can do nothing else but desire to bring it indoors – inside your home. The INHOUSE OUTHOUSE is not something that can be easily replicated. It takes skill. It takes craftmanship. It takes IMAGINATION! AND SO, I present the most magnificent Denver, Colorado Inhouse Outhouse EVER…
This one-of-a-kind Inhouse Outhouse was recently discovered in the Sunnyside neighborhood of Northwest Denver, Colorado. It boasts a unique design of custom, knotty pine paneling with a natural finish. Although knotty pine is not typically known as a hardwood, it has a rustic appeal that can withstand all the trials and tribulations that an Inhouse Outhouse must endure. Notice the toilet paper roll holder…one can immediately differentiate the Inhouse Outhouse holder by it’s residential appeal. A typical Outhouse has a commercial toilet paper roll holder - but not in an Inhouse Outhouse. “AND…what is the cherry on top,” you ask? None other than the exposed sewage pipe, directing the flush from above. You wouldn’t want to hide that! This lovely specimen was discovered in the basement of a Sunnyside rental home. The question is…when my clients close, will they choose to preserve this rare upgrade or demo it? Don’t be fooled, it costs money to make this look happen…IT’S AN UPGRADE! And, I swoon…