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Sold for $650,000 on 12/22/23
  • $650,000

    877 S Depew Street, Lakewood, CO 80226

    4beds
    2baths
    2,160sqft
    Duplex
    Built in 1974
    -- sqft lot
    $660,700 Zestimate®
    $301/sqft
    $2,334 Estimated rent

    Owner options

    List your home for rent

    $2,334/mo

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    $2,334/mo

    Rent Zestimate®

    Refinance and save

    $3,589/mo

    Est. payment

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    $3,589/mo

    Est. payment

    What's special

    Calling all INVESTORS AND OWNER OCCUPANT HOUSE HACKERS!! CAP RATE of 6.39!!!!! This investment opportunity is ready to produce income with NO additional capital expenditures! The asset currently produces $4,295/mo in rental income. Recently Renovated duplex in Lakewood! Update includes: kitchens, bathrooms, floors and paint! The 877 unit is 2 bedroom and 1 bathroom with in-unit laundry. The 875 unit is 2 bedrooms and 1 bathroom with in-unit laundry. This duplex presents itself well for an owner occupant who wants to house hack to earn income and reduce their monthly expenses. The owner occupant could also keep the long-term lease next door or change to a short-term rental income (Airbnb, VRBO, VACASA) scenario. INTERESTED IN MORE INCOME? The property across the cul-de-sac is also FOR SALE (847-845 S Depew St. - See photos). Opportunity to own all 4 units! Property is tenant occupied. Showings will be held by listing agent.

    Zillow last checked: 8 hours ago

    Listing updated: January 02, 2024 at 08:32am

    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#: 7957834MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Evaporative Cooling
    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: 0.28 Acres
    Details
    • Parcel number: 068833
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Brick, Frame, 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,VA Loan
    • Ownership: Corporation/Trust
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    Estimated market value
    $660,700