2225 S Iola St Aurora, CO 80014

0.38 Acres
16,553 SqFt Lot
R-2 Zoning


$485,000
For Sale
IRES MLS# 1048725

Vacant Land/Lots in Subdivision: Waterford Place Sub 2nd Flg 1st Amd

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.


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Land Information

Usage Single Family, Multi Family
Irrigation Water Rights No
Irrigation Ditches No
Mineral Rights Mineral Rights Excluded
Fences Partially Fenced,Wood Fence,Other Fence
Development Status Undeveloped, Boundaries Marked, Approved Subdivided, Preliminary Plans, Plans Submitted, Plans Approved, Special Review, Covenants, Homeowners' Association, Zoned for Development, Building Permit Ready
Utilities No Utilities, Cable TV Available, Electricity within 100 ft., Natural Gas within 100 ft., Gas Tap Available
Water/Sewer City Water, City Sewer, No Water/Sewer, See Remarks
Lot Improvements Street Paved, Curbs, Gutters, Sidewalks, Street Light, Fire Hydrant within 500 Feet

Lot Features

Cul-De-Sac, Corner Lot, Evergreen Trees, Deciduous Trees, Native Grass, Level Lot, Sloping Lot, House Faces North, City

Neighborhood

Common Amenities

Common Recreation/Park Area

Taxes & Fees

Taxes $4,925
Tax Year 2024
Metro District No

Schools

School District Cherry Creek 5
Elementary Ponderosa
Middle/Jr High Prairie
Senior High Overland

Driving Directions

Private Road S Iola St at the end of the Street before Cul-De-Sac Turnaround. Private Neighborhood.

Listing Agent

Gina Lee Cimino

Gina Lee Cimino

(443) 750-4388

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Listing Office

Firecracker Realty LLC

Firecracker Realty LLC

(970) 351-0405

IRES MLS
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