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877 S Depew St, Lakewood, CO 80226

$650,000
: 4
BD
: 2
BA
: 2,160
SqFt

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Sold Price: $650,000
List Price: $650,000
Closing Date: Dec 22, 2023
Type: Multifamily
Property Sub Type: Duplex
Status: CLOSED
MLS Number: 7957834
Bedrooms: 4
Bathrooms: 2
Sqft Total: 2,160
Year Built: 1974

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Property Description

Calling all INVESTORS AND OWNER OCCUPANT HOUSE HACKERS!! CAP RATE of 6.39!!!!! This investment opportunity is ready to produce income with NO additional capital expenditures! The asset currently produces $4,295/mo in rental income. Recently Renovated duplex in Lakewood! Update includes: kitchens, bathrooms, floors and paint! The 877 unit is 2 bedroom and 1 bathroom with in-unit laundry. The 875 unit is 2 bedrooms and 1 bathroom with in-unit laundry. This duplex presents itself well for an owner occupant who wants to house hack to earn income and reduce their monthly expenses. The owner occupant could also keep the long-term lease next door or change to a short-term rental income (Airbnb, VRBO, VACASA) scenario. INTERESTED IN MORE INCOME? The property across the cul-de-sac is also FOR SALE (847-845 S Depew St. - See photos). Opportunity to own all 4 units! Property is tenant occupied. Showings will be held by listing agent.

(303) 522-8226

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Additional Information

Lot Size Acres: 0.28
Lot Size Sq Ft: 12,196
Tax Amount: $2,852
Water Source: Public
Sewer: Public Sewer
Basement Type: Finished
Heating: Forced Air
Cooling: Evaporative Cooling
School District: Jefferson County R-1
Elementary School: Deane
Middle Or Junior School: Alameda Int'l
High School: Alameda Int'l