UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Town Of Hugo
MLS Listing ID 4582125
HOA Y/N No
Lot Size 9,100 Sqft
Acres 0.21
Property Sub-Type Improved Land
Property Description
Opportunity is calling with two residential lots in the welcoming community of Hugo, Colorado. Whether you're dreaming of building a single-family home, or multi-family housing, this property offers flexibility to match your goals.
Enjoy the charm of small-town living with wide open skies, peaceful surroundings, and room to grow. These lots provide a great setting for those looking to invest, build, or create a place to call home at a comfortable pace.
With residential zoning you have options—whether you're planning for personal use, multi-generational living, or income potential. Infrastructure is in place including streets, water, sewer, gas and electric. A small garage is currently located on the property but could be removed to begin with an open slate.
If you've been looking for a spot where you can take your time and build something meaningful, this could be just the right fit.
Zoning uses include single or multi-family homes, manufactured and modular homes are allowed with some restrictions.
Neighborhood uses: Salons and barbershops, Bakeries, Small-scale offices, Small-scale restaurants, Bed and Breakfasts, Child Day Care Centers.
Have an idea, schedule a showing, let's talk.
Location
State CO
County Lincoln
Zoning R-1, Flood Zone A
Exterior
Fence None
Utilities Available Electricity Available, Natural Gas Available
Waterfront Description Public
View City, Plains
Private Pool No
Building
Lot Description Corner Lot, Flood Zone, Subdividable
Sewer Public Sewer
Water Public
Schools
School District Elementary: Genoa-Hugo C-113, High: Genoa-Hugo C-113
Others
Tax ID 279732302008
Special Listing Condition None Known
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
NEARBY SCHOOL & BUSINESS
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MORTGAGE CALCULATOR
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Down Payment
The typical rule of thumb is to pay 20 percent of the home's price as your down payment, although some mortgage loans require as little as 3.5 percent down. Your down payment reduces the total amount of your mortgage loan, so the more money you put down, the lower your payments will be - or the more expensive a house you can buy.
Loan Term
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Loan Type
There are several types of mortgage loans, but the most commonly used are fixed-rate and adjustable-rate loans. Fixed-rate loans have the same interest rate for the entire duration of the loan. That means your monthly payment will be the same, even for long-term loans, such as 30-year fixed-rate mortgages. Two benefits to this loan type are stability, and being able to calculate your total interest up front. Adjustable-rate mortgages (ARMs) have interest rates that can change over time. Typically they start out at a lower interest rate than a fixed-rate loan, and hold that rate for a set number of years, before changing interest rates from year to year. For example, if you have a 5/1 ARM, you will have the same interest rate for the first 5 years, and then your interest rate will change from year to year. The main benefit of an adjustable-rate loan is starting off with a lower interest rate.
Interest Rate
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Property Tax Rate
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Home Insurance
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HOA Fees
A homeowners association fee (HOA fee) is an amount of money that must be paid monthly by owners of certain types of residential properties, and HOAs collect these fees to assist with maintaining and improving properties in the association.
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