989 Upham Court, Lakewood, CO 80214
- $900,000
- 9
- BD
- 5
- BA
- 3,455
- SqFt
Courtesy of Compass - Denver . david.obrien@compass.com,720-934-6597
Selling Office: RE/MAX Professionals.- Sold Price
- $900,000
- List Price
- $900,000
- Closing Date
- Sep 24, 2024
- Type
- Multifamily
- Status
- CLOSED
- MLS Number
- 9631315
- Finished Sqft
- 3,455
- Above Grade Sqft
- 3175
- Total Sqft
- 3455
- Subdivision
- Two Creeks
- Sub-Area
- Two Creeks
- Year Built
- 1956
Property Description
Fully updated and professionally managed turn-key brick 4-plex just 3 blocks from the light rail. Easy access to Belmar, CCU, Red Rocks Community College, and 6th Ave. Actual as-is cap rate of 5.59% and could go up to 6.38% cap rate with self-management. One vacant unit as of July 1st provides an opportunity for an owner/manager to live on-site if desired. Shared laundry area for all 4 units and 8 off-street parking spaces. Awesome opportunity to get into a 4-unit property and get residential financing vs commercial financing for 5+ unit properties.
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Additional Information
- School District
- Jefferson County R-1
- Elementary School
- Molholm
- Middle School
- Creighton
- High School
- Lakewood
- Parking Features
- Asphalt
- Style
- Contemporary
- Basement
- Crawl Space, Exterior Entry, Finished, Partial, Sump Pump
- Basement Finished
- Yes
- Lot Size
- 14,500
- Acres
- 0.33
- Taxes
- $6,072
- Tax Year
- 2023
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