5645 W 5th Ave Unit 5645 & 5655, Lakewood, CO 80226

Property Description

New price! "CALLING OUT" TO ALL LANDLORDS & INVESTORS. PRICE REDUCED to encourage an offer and a speedy closing. Sellers are motivated and eager to move on.... but not interested in a low ball offer. They have rejected multiple contracts in the past year that were not realistic. Amazing opportunity to own BOTH SIDES of a "VERY RENTABLE LAKEWOOD DUPLEX" which has been a hugely successful income stream for the past 2 decades. 5655 W 5th AVE One address (TWO ADJOINING PROPERTIES OF EQUAL SIZE currently empty & staged for viewing Each side of the duplex (which are mirror images of each other) feature an open floor plan; open kitchen & dining area, to the living room at the front, South facing so sunlight floods the home. 2 nice sized bedrooms & a full bath complete the main level. Freshly painted with all appliances included. Both sides are in excellent condition & have been meticulously cared for over the past 30 years by the current owners. Each unit boasts their own A/C systems & sump pumps. In 5645 the owners have added 2 additional non-conforming, but very usable bedrooms, to the partially finished basement. Each bsmnt offers up over 800 sqft a piece w/tons of potential for further build out & increased income stream. Currently they house laundry, a huge amount of flex space. In the past few years single sides of these Lakewood duplexes (their are many of them in the area) have sold for over $500K so the asking price for BOTH sides under $750K is arguably a screaming deal. Live in one rent out the other or start your rental portfolio off with a bang. Easy access to the mountains & Downtown Denver via Sheridan & 6th Ave Parkway. Parking is Plentiful w/each unit's attached one car garage.+ two additional driveway spaces & parking for 2 more vehicles in the "street bays" directly in front of the units. NOTE:5th AVE is nicely buffered by the office retail buildings & open space to the North. HURRY PRICE REDUCED Opportunity knocks ...experience & vision opens the door!