Calling all INVESTORS!!! CAP RATE of 6.75!!!!! This investment opportunity is ready to produce income with NO additional capital expenditures! Recently Renovated duplex in Lakewood! Update includes: kitchens, bathrooms, floors and paint!
The 847 unit is 2 bedroom and 1 bathroom with in-unit laundry. Current rent is $2,195 with lease expiring 6/30/24.
The 845 unit is 2 bedrooms and 1 bathroom with in-unit laundry. Current rent is $2,295 with lease expiring 5/20/24.
This opportunity is perfect for an investor looking for long-term rental income and in the future potential options for short term rental income (Airbnb, VRBO, VACASA). Easy to manage asset. INTERESTED IN MORE INCOME? The property across the cul-de-sac is also FOR SALE (877-875 S Depew St. - See photos). Opportunity to own all 4 units! Property is tenant occupied. Showings will be held by listing agent. Photos are of 1 unit, ALL have been UPDATED!
Sold for $650,000 on 12/22/23
$650,000
847 S Depew Street, Lakewood, CO 80226
4beds
2baths
2,160sqft
Duplex
Built in 1974
-- sqft lot
$653,900 Zestimate®
$301/sqft
$2,054 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 02, 2024 at 08:31am
Listed by:
Steven Cerese 1303-590-8537 steve@cohomeorinvest.com,
Five Four Real Estate, LLC,
Brynn Cerese 802-522-8944,
Five Four Real Estate, LLC
Bought with:
Michelle Wise, 100046422
Keller Williams 1st Realty
Source: REcolorado,MLS#: 7026232

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Disposal
- Laundry: In Unit
Features
- Basement: Finished
Interior area
- Total structure area: 2,160
- Total interior livable area: 2,160 sqft
- Finished area above ground: 2,160
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.29 Acres
Details
- Parcel number: 068835
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
- Roof: Composition
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lakewood
- Subdivision: Belmar
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,Other,VA Loan
- Ownership: Corporation/Trust
Services availability
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
$653,900
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
$653,900