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Key Details
Sold Price $804,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 4,088 sqft
Subdivision Lakewood Gardens
MLS Listing ID 5717808
Sold Date 02/01/24
Bedrooms 6
HOA Y/N false
Abv Grd Liv Area 4,088
Originating Board REcolorado
Year Built 1979
Annual Tax Amount $3,541
Lot Size 0.340 Acres
Acres 0.34
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 backyards, 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!
Location
State CO
County Jefferson
Area Metro Denver
Zoning Duplex Residential
Interior
Interior Features Eat-in Kitchen, Open Floorplan
Heating Forced Air
Cooling Central Air
Fireplaces Type None
Fireplace false
Appliance Dishwasher, Refrigerator, Washer, Dryer, Disposal
Exterior
Garage Spaces 1.0
Fence Fenced
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Roof Type Composition
Street Surface Gravel
Handicap Access Level Lot
Porch Patio, Deck
Building
Lot Description Gutters, Level, Abuts Private Open Space
Faces East
Story 2
Foundation Slab
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Bi-Level
Structure Type Wood/Frame,Brick/Brick Veneer,Composition Siding
New Construction false
Schools
Elementary Schools South Lakewood
Middle Schools Alameda Int'L
High Schools Alameda Int'L
School District Jefferson County R-1
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
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Bought with Milehimodern
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Bonnie & Josh Sherman
Broker Associate | FAFA100074934, FA100074801
Broker Associate FAFA100074934, FA100074801