For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $300
Subdivision Belmar
MLS Listing ID 7026232
Sold Date 12/22/23
Bedrooms 4
HOA Y/N No
Abv Grd Liv Area 2,160
Originating Board recolorado
Year Built 1974
Annual Tax Amount $2,800
Tax Year 2022
Lot Size 0.290 Acres
Acres 0.29
Property Description
Calling all INVESTORS!!! CAP RATE of 6.75!!!!! This investment opportunity is ready to produce income with NO additional capital expenditures! Recently Renovated duplex in Lakewood! Update includes: kitchens, bathrooms, floors and paint!
The 847 unit is 2 bedroom and 1 bathroom with in-unit laundry. Current rent is $2,195 with lease expiring 6/30/24.
The 845 unit is 2 bedrooms and 1 bathroom with in-unit laundry. Current rent is $2,295 with lease expiring 5/20/24.
This opportunity is perfect for an investor looking for long-term rental income and in the future potential options for short term rental income (Airbnb, VRBO, VACASA). Easy to manage asset. INTERESTED IN MORE INCOME? The property across the cul-de-sac is also FOR SALE (877-875 S Depew St. - See photos). Opportunity to own all 4 units! Property is tenant occupied. Showings will be held by listing agent. Photos are of 1 unit, ALL have been UPDATED!
Location
State CO
County Jefferson
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling Evaporative Cooling
Fireplace N
Appliance Dishwasher, Disposal
Laundry In Unit
Exterior
Garage Spaces 2.0
Roof Type Composition
Total Parking Spaces 2
Garage Yes
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick,Vinyl Siding
Schools
Elementary Schools Deane
Middle Schools Alameda Int'L
High Schools Alameda Int'L
School District Jefferson County R-1
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Other, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, Other, VA Loan
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams 1st Realty
GET MORE INFORMATION