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.
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
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