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Off market
  • $874,200

    5430 W 3rd Pl, Lakewood, CO 80226

    8beds
    4baths
    2,988sqft
    Quadplex
    Built in 1961
    -- sqft lot
    $874,200 Zestimate®
    $293/sqft
    $1,746 Estimated rent

    What's special

    Great location close to Sheridan and 6th 5430 W 3rd Place is a turn key 4Plex with existing leases and strong rental history. Many upgrades have been made with roof at 3 years old, new windows on lower level, all furnaces and water heaters are less than 6 years old, and new flooring and paint. Fenced yard. Low maintenance. Short walk to bus line and a short ride to light rail station just north of 6th avenue with easy access to down town. 4 off street parking spaces. W/D hookups in each unit. Gas and electricity tenant paid and billed directly by Xcel. Current cap rate is 6.1% with projected rent of $1275 for vacant unit. Rent roll available and current rent is below market.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Forced air, Gas
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Laminate
    Interior area
    • Total interior livable area: 2,988 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off-street, On-street
    Features
    • Exterior features: Brick
    • Fencing: Partial
    Lot
    • Size: 7,840 sqft
    Details
    • Parcel number: 4912100059
    • Zoning description: MU3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadplex
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lakewood

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Flooring: Carpet, Laminate
    • Heating: Forced Air
    • Appliances: Refrigerator, Oven
    • HeatingYN: true
    • ConstructionMaterials: Brick
    • PropertyAttachedYN: true
    • Roof: Composition
    • ExteriorFeatures: Balcony
    • Fencing: Partial
    • CoveredSpaces: 0
    • ParkingFeatures: Off Street
    • ZoningDescription: MU3
    • PropertySubType: Quadplex
    • GrossIncome: 59100.00
    • GrossScheduledIncome: 61200.00
    • MlsStatus: Pending
    • NetOperatingIncome: 45948.00
    Services availability
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    Estimated market value

    $874,200