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(303) 284-1364
303 Property
558 Gray Ct, Lakewood, CO 80226
- $860,000
- 6
- BD
- 6
- BA
- 3,532
- SqFt
- Sold Price
- $860,000
- List Price
- $930,000
- Closing Date
- Dec 03, 2024
- Type
- Multifamily
- Property Sub Type
- Duplex
- Status
- CLOSED
- MLS Number
- 2666149
- Bedrooms
- 6
- Bathrooms
- 6
- Sqft Total
- 3,532
- Year Built
- 1962
Property Description
. Great property offered at below market rates....Zillow value estimate $936,500....Buy this and have built in equity!!! Discover a lucrative investment opportunity in Lakewood, CO with 558 Gray Court. This income-generating residential duplex in the desirable Birdsell subdivision offers two spacious units, each with 3 bedrooms and modern amenities. The property features a total of 3 garage spaces and sits on a cul-de-sac lot spanning 0.28 acres. Showcasing a profitable cap rate of 5.16%, 558 Gray Court presents a solid financial prospect with a proforma gross annual income of $54,000. Tenants enjoy separate utility metering and pay for most services directly, minimizing expenses for the owner. The property boasts a central location with a walk score of 32 and is conveniently close to bus stops. With a well-maintained interior including finished basements and updated appliances, this property is a turnkey investment opportunity. Don't miss out on owning this income-generating asset in Lakewood.
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Additional Information
- View
- City
- Lot Size Acres
- 0.28
- Lot Size Sq Ft
- 11,979
- Tax Amount
- $3,284
- Exterior Features
- Balcony, Private Yard, Rain Gutters
- Water Source
- Public
- Sewer
- Public Sewer
- Basement Type
- Finished
- Heating
- Forced Air
- Cooling
- Central Air
- School District
- Jefferson County R-1
- Elementary School
- Deane
- Middle Or Junior School
- Alameda Int'l
- High School
- Alameda Int'l
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Courtesy of Coutts & Company Realty . mrsoldmakesdeals@gmail.com,720-341-8118
Selling Office: Coutts & Company Realty.