117-119 Teller St, Lakewood, CO 80226

Property Description

Unlock the door to a prime investment opportunity! This duplex, nestled in the heart of Lakewood, promises both immediate returns and future potential. Boasting a successful rental history under the current ownership, seize the moment as one side stands vacant – the ideal juncture for a savvy investor. A traditional side-by-side bi-level duplex w/ unmatched square footage for the area. Stellar location fronting O'Kane Park, residents enjoy the park's amenities, including tennis & basketball courts, a serene pond w/ fountain, paved walking paths, playground, pavilion equipped with grills & picnic tables. Each unit is just over 2000 finished square feet, practical layout with 3 bedrooms on each side and 2 bathrooms, totaling 6 beds/4 baths. The north unit offers attached garage for convenience. Ample off-street parking for both residences. Ready for immediate occupancy, the building and grounds are in good condition. Both units offer a large backyard, fenced and pet-friendly. The upper levels boast a sunlit family room, spacious primary bedroom + full bathrooms on each side. The lower levels offer generously sized great room, two additional bedrooms, and 3/4 bathrooms–a perfect blend of comfort and functionality. Outstanding accessibility to public transportation, a great highway access, proximity to dining, shops, and conveniences, this duplex definitely has convenient living. Explore financing options catering to VA/FHA primary residential buyers looking to owner-occupy + take advantage of low property taxes and insurance costs that contribute to the unit's profitability when rented. No HOA adds to the appeal. For those with an eye on expansion, investigate the potential for a 4-plex or parcel split, possibly selling each side separately? Live on one side & rent the other, the possibilities are vast for the discerning buyer. Two-hour notice is required, to extend respect to the current tenant residing in 117. Act now & make this duplex your next prosperous venture!