$500,000
For Sale

0 S First Street

Cripple Creek, CO 80813
Browse 16 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Exceptional offer for multi family and affordable housing in Cripple Creek! This is a development opportunity! Save time and money installing utilities because they already exist at the lot line and have been verified by Public Works. Electric is at south end of the neighboring condominiums. First two, of 4, PUD parcels totaling 25 lots ready to be developed into much needed apartments or additional condominiums. These two parcels encompass 21 lots total, and are raw land with basic infrastructure of water, sewer and electric in place. Roads are platted, not insalled. Lot lines for each parcel are already vacated. Roads are platted, dirt, not installed. Lots have views of the city and surrounding hills. Location is minutes to Newmont mine facilities and blocks to Cripple Creek business district gaming. There is a large pool of prospective tenants from which to draw. Bring your vision and contribute to the future of this charming historical area.

  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • School DistrictCripple Crk/Victor-RE1
      • RegionCripple Creek
      • CountyTeller
  • Other
      • MLS #7865685

Location

Adrienne Wilson | Winterwood Real EstateReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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