2645 S Josephine St, Denver, CO 80210

Property Description

The number of available lots is dwindling in this premier Denver neighborhood. This one is ripe for redevelopment with its fabulous location just one house off of the Harvard Gulch Trail that leads to McWiliams (Dinosaur) Park. Observatory Park is full of Multi-million dollar homes built on lots just like this. The highest priced sale on a lot like this sold for $4,675,000 in August. 39 homes on lots around 7500 SF have sold in Observatory Park for over $2m with an average price of $2.8M. This is priced well below land value in the neighborhood….. This is also a very nice home and could be rented out for a premium while you finalize plans for the lot. It has four bedrooms, 2 baths, a large yard and roomy basement. The home features real hardwood floors and an updated kitchen with marble counters. The primary bedroom includes a sitting area and it has two closets. There is another bedroom on the main and an updated full bath too! The two basement bedrooms both have legal egress and the family room is huge. You’ll notice the updates right away including fresh paint throughout, bathrooms, doors and windows. The furnace is new, the dishwasher is less than a year old and there is already a 2 car garage. All can be repurposed in a new property saving money on a build and adding to the profit. There are numerous fruit trees on this gorgeous lot and it is just one house away from the Harvard Gulch Trail that connects to McWilliams (Dinosaur) Park. Don’t miss out on this one!