Lakewood, CO 80226,877 S Depew St

$650,000

$650,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

2 Baths

2,160 SqFt


SOLD DATE : 12/22/2023

Key Details

Sold Price $650,000

Property Type Single Family Home

Sub Type Income Property

Listing Status Sold

Purchase Type For Sale

Square Footage 2,160 sqft

Subdivision Belmar

MLS Listing ID 7957834

Sold Date 12/22/23

Bedrooms 4

HOA Y/N false

Abv Grd Liv Area 2,160

Originating Board REcolorado

Year Built 1974

Annual Tax Amount $2,852

Lot Size 0.280 Acres

Acres 0.28

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.

Location

State CO

County Jefferson

Area Metro Denver

Interior

Heating Forced Air

Cooling Evaporative Cooling

Exterior

Garage Spaces 2.0

Roof Type Composition

Building

Story 2

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Two

Structure Type Wood/Frame,Brick/Brick Veneer,Vinyl Siding

New Construction false

Schools

Elementary Schools Deane

Middle Schools Alameda Int'L

High Schools Alameda Int'L

School District Jefferson County R-1

Others

Senior Community false

SqFt Source Assessor

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Information and Real Estate Services (IRES)
Listed by steve@cohomeorinvest.com,1 303-590-8537
Bought with Keller Williams 1st Realty

GET MORE INFORMATION

Nicole And Alysia Clements

Realtor | Lic# 3002201

+1(970) 430-9451

9800 Pyramid Ct Ste 400, Englewood, CO

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