1072 S Arbutus Street, Lakewood, CO 80228
- $1,275,000
- 8
- BD
- 8
- BA
- 5,720
- SqFt
- Sold Price
- $1,275,000
- List Price
- $1,375,000
- Closing Date
- Nov 15, 2024
- Type
- Multifamily
- Property Sub Type
- Quadruplex
- Status
- CLOSED
- MLS Number
- 2049520
- Architectural Style
- Traditional
- Structural Style
- Traditional
- Bedrooms
- 8
- Bathrooms
- 8
- Sqft Total
- 5,720
- Neighborhood
- Green Mountain
- Year Built
- 1969
Property Description
Discover a hidden gem nestled in the coveted Green Mountain neighborhood of Lakewood—an outstanding 4-unit multifamily building that promises significant value-add potential. Perfectly positioned in a vibrant and sought-after area, this property is ideal for the savvy investor looking to capitalize on a high-performing asset. Situated in the heart of Green Mountain, this property enjoys proximity to parks, trails, shopping, dining, and excellent schools, making it highly desirable for tenants. Each of the four units boasts a generous floor plan, averaging around 1430 square feet, providing ample living space and comfort for residents. Every unit comes with its own garage, adding convenience and value for tenants. The upper units feature large decks perfect for relaxing and entertaining, while the lower units offer private, fenced backyards ideal for families and pet owners. This multifamily building represents a unique opportunity to acquire a well-maintained property in a high-demand location with excellent upside potential. Don’t miss your chance to invest in a property that combines strong current returns with the ability to significantly enhance profitability. Seize this opportunity to grow your portfolio in one of Lakewood’s finest neighborhoods. Contact us today to schedule a viewing and explore the possibilities this property has to offer!
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Additional Information
- Lot Size Acres
- 0.25
- Lot Size Sq Ft
- 11,005
- Tax Amount
- $6,072
- Tax Year
- 2023
- Exterior Features
- Balcony, Private Yard
- Sewer
- Public Sewer
- Flooring
- Carpet, Laminate
- Heating
- Baseboard
- Cooling
- None
- School District
- Jefferson County R-1
- Elementary School
- Foothills
- Middle Or Junior School
- Dunstan
- High School
- Green Mountain
- Parking Total Searchable
- 8
- Parking Features
- Concrete
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Courtesy of Altos Realty Advisors, Inc. . chrisk@goaltos.com,720-392-5663
Selling Office: Altos Realty Advisors, Inc..