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847 S Depew St Lakewood, CO 80226
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Key Details
Sold Price $650,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 2,160 sqft
Subdivision Belmar
MLS Listing ID 7026232
Sold Date 12/22/23
Bedrooms 4
HOA Y/N false
Abv Grd Liv Area 2,160
Originating Board REcolorado
Year Built 1974
Annual Tax Amount $2,800
Lot Size 0.290 Acres
Acres 0.29
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!
Location
State CO
County Jefferson
Area Metro Denver
Interior
Heating Forced Air
Cooling Evaporative Cooling
Appliance Dishwasher, Disposal
Exterior
Garage Spaces 2.0
Waterfront false
Roof Type Composition
Building
Story 2
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Two
Structure Type Brick/Brick Veneer,Vinyl Siding
New Construction false
Schools
Elementary Schools Deane
Middle Schools Alameda Int'L
High Schools Alameda Int'L
School District Jefferson County R-1
Others
Senior Community false
SqFt Source Assessor
Read Less
Bought with Keller Williams 1st Realty
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