Lakewood, CO 80226,162 S Ingalls ST
Lakewood, CO 80226,162 S Ingalls ST
Lakewood, CO 80226,162 S Ingalls ST
$1,335,000
Est. payment /mo
$1,350,000
1.1%
Est.Price: ?

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0.34 Acres Lot
SOLD DATE : 08/30/2024

Key Details

Sold Price $1,335,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 4296342

Sold Date 08/30/24

HOA Y/N No

Originating Board recolorado

Year Built 1961

Annual Tax Amount $8,268

Tax Year 2023

Lot Size 0.340 Acres

Acres 0.34

Property Description

Discover an exceptional investment opportunity in the heart of Lakewood's North Alameda neighborhood - an 8-unit apartment building brimming with potential. Boasting a stable rent roll, this property offers a promising foundation for income generation. Yet, with strategic enhancements, higher rental yields are well within reach, promising a solid return on investment. Positioned to operate as a robust 6+ cap property at current rent levels, it presents an enticing prospect for savvy investors seeking value-add ventures.

Whether you're a seasoned investor seeking a lucrative addition to your portfolio or an enterprising newcomer looking to make your mark in the real estate market, this property offers the ideal canvas for realizing your investment aspirations. Don't miss out on this chance to seize a prime value-add play in Lakewood's thriving rental market.

Location

State CO

County Jefferson

Interior

Fireplace N

Exterior

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected

Roof Type Architecural Shingle

Total Parking Spaces 11

Garage No

Building

Lot Description Irrigated, Landscaped, Sprinklers In Front

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Altos Realty Advisors, Inc. • chrisk@goaltos.com,720-392-5663
Bought with Altos Realty Advisors, Inc.

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Bonnie Schwam

+1(719) 651-2916

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