Rare Lakewood duplex opportunity in the established Lakewood Gardens neighborhood! This 1959 ranch-style, two-unit property offers approximately 3,100 square feet of total building area on a generous Quarter-Acre lot. This property is an excellent opportunity for an owner to occupy one side and rent out the other for cash-flow, multigenerational… Read More living arrangement, or investor seeking a property with two-unit functionality at a about a 9.5 CAP Rate.
The property features a total of 6 bedrooms and 3 bathrooms, masonry/brick construction, one-story ranch architecture, hot-water heating, and a partially finished basement areas. Basement beds are non-conforming. Both units have approximately a 220 square feet of carport/covered parking. The expansive lot provides valuable outdoor space and flexibility uncommon for many properties in the area. This property backs and sides to O'Kane Park! Only one neighbor to the North.
Conveniently located in central Lakewood with easy access to major roadways, neighborhood amenities, parks, shopping, dining, and transit. The property is situated within the Lakewood Gardens subdivision.
Bring your front side 1031 exchange property. Don't wait too long to see this investment opportunity. Call us for a private showing today. Thank you. Read Less
Listing Snapshot
Days Online
16
Last Updated
Property Type
Duplex
Beds
6
Square Ft.
3,100
Year Built
1959
MLS Number
3100718
Additional Details
Property Access
Road Responsibility: Public Maintained Road
Appliances & Equipment
Dishwasher, Disposal, Oven, Range, Range Hood, Refrigerator
Basement
Bath/Stubbed, Finished, Interior Entry
Building
Built in 1959, Living area: 3100, Levels: One, Construction Materials: Brick
Cooling
None
Expenses
Operating: $5,000
Exterior Features
Patio/Porch Features: Covered, Front Porch, Patio
Fence
Full
Floors
Carpet, Vinyl, Wood
Foundation
Concrete Perimeter, Slab
Heating
Baseboard, Hot Water, Natural Gas
Income
Gross Income: $30,000
Interior Features
Eat-in Kitchen
Laundry
In Unit
Lot
Greenbelt, Level, Many Trees, Open Space
Owner Pays
Insurance, Taxes
Parking
2 carport spaces, 2 total parking spaces, Concrete, Guest
Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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