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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 7957834
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 $2,852
Tax Year 2022
Lot Size 0.280 Acres
Acres 0.28
Property Description
Calling all INVESTORS AND OWNER OCCUPANT HOUSE HACKERS!! CAP RATE of 6.39!!!!! This investment opportunity is ready to produce income with NO additional capital expenditures! The asset currently produces $4,295/mo in rental income. Recently Renovated duplex in Lakewood! Update includes: kitchens, bathrooms, floors and paint! The 877 unit is 2 bedroom and 1 bathroom with in-unit laundry. The 875 unit is 2 bedrooms and 1 bathroom with in-unit laundry. This duplex presents itself well for an owner occupant who wants to house hack to earn income and reduce their monthly expenses. The owner occupant could also keep the long-term lease next door or change to a short-term rental income (Airbnb, VRBO, VACASA) scenario. INTERESTED IN MORE INCOME? The property across the cul-de-sac is also FOR SALE (847-845 S Depew St. - See photos). Opportunity to own all 4 units! Property is tenant occupied. Showings will be held by listing agent.
Location
State CO
County Jefferson
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling Evaporative Cooling
Fireplace N
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,Frame,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, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams 1st Realty
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