Investor's Dream! This beautifully updated, well maintained Fourplex would be a great addition to your portfolio. These units feature LVP flooring throughout, remodeled kitchens in 3 units, and newly remodeled bathrooms in all units, A/C. Main level of each unit features a kitchen with dishwasher, disposal, microwave oven, refrigerator, range/oven, plus a half bathroom, dining area, living room that walks out to a private back yard. Upstairs offers two nicely sized bedrooms and a fully remodeled bathrooms. All units have a garage space plus 2 off street parking places. Commercial grade washers and dryers bring in additional income and are located in the common area in the basement. There are storage units in the basement area that can also be rented out for additional income. New xeriscaping in the front of the building not only updates the look and feel of the property but is also low maintenance. Raised garden beds and a newly redone patio area are nice areas for the tenants to enjoy. This could be a great owner occupied property if a buyer wants to live in one unit and continue renting out the other units. Two tenants are on government assistance so their rent is guaranteed. Another idea is to turn one unit into a furnished finder rental as a value add.
Sold for $1,203,000 on 06/30/23
$1,203,000
1540 S Ames St, Lakewood, CO 80232
8beds
8baths
5,504sqft
Quadruplex
Built in 1969
-- sqft lot
$1,186,100 Zestimate®
$219/sqft
$2,474 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 01, 2023 at 07:33am
Listed by:
Jeff Morrell 719-321-0335,
Exp Realty LLC
Bought with:
Non Member
Non Member
Source: Pikes Peak MLS,MLS#: 3391846

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Oven, Refrigerator
- Laundry: Coin, Common Area
Features
- Basement: Partial
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 5,504 sqft
Property
Parking
- Total spaces: 12
Features
- Fencing: Front Yard,Back Yard
Lot
- Size: 0.30 Acres
Details
- Parcel number: 4924401015
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Fiber Cement, Wood Siding, Framed on Lot
- Roof: Composite Shingle
Condition
- Year built: 1969
Utilities & green energy
- Water: Municipal
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Lakewood
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
Services availability
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Estimated market value
$1,186,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,186,100