For more information regarding the value of a property, please contact us for a free consultation.
989 Upham Ct Lakewood, CO 80214
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $900,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 3,455 sqft
Subdivision Two Creeks
MLS Listing ID 9631315
Sold Date 09/24/24
Style Contemporary/Modern,Ranch
Bedrooms 9
HOA Y/N false
Abv Grd Liv Area 3,455
Originating Board REcolorado
Year Built 1956
Annual Tax Amount $6,072
Lot Size 0.330 Acres
Acres 0.33
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.
Location
State CO
County Jefferson
Area Metro Denver
Direction See Google Maps
Rooms
Basement Partial, Partially Finished, Crawl Space, Walk-Out Access, Sump Pump
Interior
Heating Forced Air
Fireplaces Type None
Fireplace false
Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave
Laundry Common Area
Exterior
Garage Spaces 8.0
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Waterfront false
Roof Type Composition
Handicap Access Accessible Approach with Ramp, Level Lot
Porch Patio
Building
Lot Description Gutters, Level
Faces East
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Brick/Brick Veneer,Concrete
New Construction false
Schools
Elementary Schools Molholm
Middle Schools Creighton
High Schools Lakewood
School District Jefferson County R-1
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
Read Less
Bought with RE/MAX Professionals
GET MORE INFORMATION