1679 Reed St, Lakewood, CO 80214

Outstanding property, very stable occupancy, close to transportation, newly installed back flow units in each apartment, 3 yr new roof-gutters-flashing, 3 yr new boiler with meter control, updated windows with exception of 2 units. some units have been updated with appliances, cabinets and flooring. 8 reserved parking spots +2 additional spots, laundry is in the boiler room and is a pay system. Income is shared 50/50 between the laundry contractor and the owner. Average income to the owner is approx. $65 per month (a new pair of shoes) not included in the income figures above. There are 2 units that are section 8 renewed yearly. The current rents are below the averages in Lakewood. Good up side. Private HOA $200 per month for common area taxes, snow and trash removal as well as common area maint.