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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

    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!

    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#: 7026232MLS Logo

    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