847 S Depew Street, Lakewood, CO 80226
- $650,000
- 4
- BD
- 2
- BA
- 2,160
- SqFt
Courtesy of Five Four Real Estate, LLC . steve@cohomeorinvest.com,1 303-590-8537
Selling Office: Keller Williams 1st Realty.- Sold Price
- $650,000
- List Price
- $650,000
- Closing Date
- Dec 22, 2023
- Type
- Multifamily
- Status
- CLOSED
- MLS Number
- 7026232
- Finished Sqft
- 2,160
- Above Grade Sqft
- 2160
- Total Sqft
- 2160
- Subdivision
- Belmar
- Sub-Area
- Belmar
- Year Built
- 1974
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!
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Additional Information
- School District
- Jefferson County R-1
- Elementary School
- Deane
- Middle School
- Alameda Int'l
- High School
- Alameda Int'l
- Garage Spaces
- 2
- Parking Spaces
- 2
- Basement
- Finished
- Basement Finished
- Yes
- Lot Size
- 12,632
- Acres
- 0.29
- Taxes
- $2,800
- Tax Year
- 2022
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