Exciting Equity Opportunity in a Serene Setting!
Discover this remarkable property, spanning .68 acres of peaceful land, ideally located near 20th and Teller Street. Currently boasting four separate structures with addressees, this investment presents endless possibilities.
The main residence features a spacious 4-bedroom, 2-bathroom layout with a convenient two-car garage, providing a comfortable and inviting space. The backyard of 2074 Teller is very roomy and private.
As you turn off Teller St down the new gravel driveway, a charming 2-bedroom, 1-bathroom single-family home (2070 Teller St) awaits, with great potential for higher rental income.
But that's not all! This property also boasts a full duplex, with each side offering a 1-bedroom plus office and bathroom unit. Each unit comes with ample tenant parking, making it an attractive prospect for renters.
Beyond the established structures, you'll find a distinctive dome-shaped building that was previously used as an ADU (Accessory Dwelling Unit). While it lacks its own address and utilities, the seller designates it as an outbuilding or shed. The creative potential of this unique space is limited only by your imagination.
Currently, the duplex units are leased on a month-to-month basis, offering immediate income, but the possibilities don't end there. Whether you're looking to generate passive income, pursue a fix-and-flip project, or envision a brand new development on this expansive lot, the choice is yours.
Nestled just West of Sloan's Lake in an area experiencing desirable growth, this location is ripe with value. Surrounding properties on Teller St have seen impressive improvements and new developments, further adding to the investment potential.
Please note that all buildings are being sold AS-IS. Don't miss this golden chance to explore this extraordinary property's potential. Schedule a tour today and unlock the incredible possibilities that await!
Sold for $1,080,000 on 10/05/23
$1,080,000
2070 Teller Street, Lakewood, CO 80214
9beds
5baths
3,375sqft
Duplex
Built in 1943
-- sqft lot
$1,239,800 Zestimate®
$320/sqft
$3,047 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 06, 2023 at 07:43am
Listed by:
Molly Henry 303-929-6689 mollyvhenry@gmail.com,
RE/MAX Professionals
Bought with:
Jason Rossi, 100054592
Colorado Home Realty
Source: REcolorado,MLS#: 3167511

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Heating
- Forced Air, Hot Water
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Gas Water Heater, Oven, Refrigerator, Self Cleaning Oven, Washer
Features
- Smoke Free
- Flooring: Carpet, Laminate, Tile, Vinyl, Wood
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 3,375
- Total interior livable area: 3,375 sqft
- Finished area above ground: 3,375
Property
Parking
- Total spaces: 2
- Parking features: Gravel
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Entry location: Ground
- Patio & porch: Front Porch
- Exterior features: Private Yard
- Fencing: Partial
Lot
- Size: 0.68 Acres
- Features: Level
Details
- Parcel number: 053745
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Block, Brick, Frame, Stucco, Wood Siding
- Roof: Composition,Unknown
Condition
- Fixer
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Lakewood
- Subdivision: Grandview Acres
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,Jumbo
- Ownership: Individual
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,239,800
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
$1,239,800