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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

    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!

    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#: 3167511MLS Logo

    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