877 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
- 7957834
- Finished Sqft
- 2,160
- Above Grade Sqft
- 2160
- Total Sqft
- 2160
- Subdivision
- Belmar
- Sub-Area
- Belmar
- Year Built
- 1974
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.
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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
- 12,196
- Acres
- 0.28
- Taxes
- $2,852
- Tax Year
- 2022
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