S First St, Cripple Creek, CO 80813

Property 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, additional condominiums. or duplexes. This parcel encompasses 28 lots total in Blk 11 and 12 and are raw land with BASIC INFRASTRUCTURE OF WATER, ELECTRIC PHONE ALREADY IN PLACE in the road or at lot line. 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 gold mine facilities and blocks to Cripple Creek business district, gaming and amenities of the city. Public transportaion is available. 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.