Lakewood, CO 80228,1072 S Arbutus ST
Lakewood, CO 80228,1072 S Arbutus ST
Lakewood, CO 80228,1072 S Arbutus ST
$1,275,000
Est. payment /mo
$1,375,000
7.3%
Est.Price: ?

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8 Beds
8 Baths
5,720 SqFt
SOLD DATE : 11/15/2024

Key Details

Sold Price $1,275,000

Property Type Multi-Family

Sub Type Quadplex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,720 sqft

Price per Sqft $222

Subdivision Green Mountain

MLS Listing ID 2049520

Sold Date 11/15/24

Style Traditional

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 5,720

Originating Board recolorado

Year Built 1969

Annual Tax Amount $6,072

Tax Year 2023

Lot Size 10,890 Sqft

Acres 0.25

Property Description

Discover a hidden gem nestled in the coveted Green Mountain neighborhood of Lakewood—an outstanding 4-unit multifamily building that promises significant value-add potential. Perfectly positioned in a vibrant and sought-after area, this property is ideal for the savvy investor looking to capitalize on a high-performing asset.

Situated in the heart of Green Mountain, this property enjoys proximity to parks, trails, shopping, dining, and excellent schools, making it highly desirable for tenants. Each of the four units boasts a generous floor plan, averaging around 1430 square feet, providing ample living space and comfort for residents. Every unit comes with its own garage, adding convenience and value for tenants. The upper units feature large decks perfect for relaxing and entertaining, while the lower units offer private, fenced backyards ideal for families and pet owners.

This multifamily building represents a unique opportunity to acquire a well-maintained property in a high-demand location with excellent upside potential. Don’t miss your chance to invest in a property that combines strong current returns with the ability to significantly enhance profitability. Seize this opportunity to grow your portfolio in one of Lakewood’s finest neighborhoods. Contact us today to schedule a viewing and explore the possibilities this property has to offer!

Location

State CO

County Jefferson

Zoning RES

Interior

Heating Baseboard

Cooling None

Flooring Carpet, Laminate

Fireplace N

Appliance Convection Oven, Dishwasher

Laundry In Unit

Exterior

Exterior Feature Balcony, Private Yard

Parking Features Concrete

Fence Full

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Rolled/Hot Mop

Total Parking Spaces 8

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick,Frame

Schools

Elementary Schools Foothills

Middle Schools Dunstan

High Schools Green Mountain

School District Jefferson County R-1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, 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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