558 Gray Court, Lakewood, CO 80226

$860,000
6
BD
6
BA
3,532
SqFt

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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
Neighborhood
Birdsell
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.

Additional Information

View
City
Lot Size Acres
0.28
Lot Size Sq Ft
11,979
Tax Amount
$3,284
Tax Year
2023
Exterior Features
Balcony, Private Yard, Rain Gutters
Sewer
Public Sewer
Flooring
Carpet, Tile
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
Parking Total Searchable
3
Parking Features
Asphalt, Dry Walled, Exterior Access Door, Finished, Heated Garage, Lighted

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Calculator source: Real Geeks

Courtesy of Coutts & Company Realty . mrsoldmakesdeals@gmail.com,720-341-8118

Selling Office: Coutts & Company Realty.