170 Wichita Ave Unit A/B, Frisco, CO 80443
- $4,259,000
- 12
- BD
- 10
- BA
- 5,312
- SqFt
- List Price
- $4,259,000
- Status
- ACTIVE
- MLS#
- S1071601
- Bedrooms
- 12
- Bathrooms
- 10
- Living Area
- 5,312
- Lot Size
- 21,958
- Area
- Frisco
- Unit
- A/B
- Days On Market
- 1
Property Description
Rare investment and redevelopment opportunity in the heart of Frisco, offering a unique combination of established rental income and significant land value. The offering includes 2 parcels on a half-acre, 3 buildings, and 6 residential units, with a mix of 1-bedroom to 3-bedroom residences. The 4 larger layouts include one-car garages, while 2 smaller layouts offer gear storage closets. Currently operating as an established rental property, the portfolio offers an incoming owner immediate income with the flexibility to continue the existing leases, reposition the rental operation, or pursue a future redevelopment strategy. Zoned for multifamily and residential high-density use, this multi-parcel assemblage presents an exceptional opportunity to acquire a substantial land holding in Frisco with multiple potential investment strategies and significant future development upside. Buyer to verify zoning, allowable density, development potential, and all applicable requirements with the Town of Frisco. Portfolio includes 170 A/B Wichita, and 1 Alpine A/B/C/D.
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Additional Information
- Furnished
- Unfurnished
- Annual Tax Amount
- $4,359
- Utilities
- Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cable Available, Sewer Connected
- Water
- Public
- Neighborhood
- Royal Alpine Sub
- Mls Number Orig
- S1071601
- Parking Features
- Detached, Garage, Parking Pad
- Garage Yn
- Yes
- Garage Spaces
- 1
- Sewer
- Sewer, Public Sewer
- Year Built
- 1995
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Listing courtesy of Slifer Smith & Frampton R.E.. (970) 333-8693
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