2565 Pierce Street

Description

Endless potential on a 12,000+ sq ft lot in the city! This detached single-family home offers 3 bedrooms, 2 baths, and a massive 4-car garage (2 bays for parking, 2 for storage or workspace). Nicely updated with newer finishes, yet flexible enough for your own vision. Zoned R2, the property allows for a single-family home with an ADU or even a duplex (already has an existing second address of 2575 Pierce Street associated with the property), offering rare development flexibility in an established neighborhood. The home has been a successful rental and could easily continue generating income while you plan your next move whether that's a modern rebuild, a live-work setup, or a long-term hold. Conveniently located near Sloan's Lake, WheatRidge and Edgewater , this property combines land value, location, and multiple exit strategies for savvy buyers. Whether you're a homeowner looking for elbow room and garage space or an investor seeking your next project, this one checks every box. This home qualifies for the community reinvestment act providing 1.75% of the loan amount as a credit towards buyer's closing costs, pre-paids and discount points. OR take advantage of a 1-year temporary interest rate buydown or credit towards permanent buydown.