$930,000
Lakewood, CO 80226
- 0.28 Acres
- Jefferson County
- 6 Beds
- 6 Baths
Key Features
- Property Type: Residential Income
- Status: Pending
- MLS® ID: 2666149
- Year Built: 1962
- Lot/Acreage: 0.28
- County: Jefferson
- Neighborhood: Birdsell
Interior Details
- Bedrooms: 6
- Bathrooms: 6
- Appliances: Dishwasher, Refrigerator, Microwave, Disposal
- Cooling: Central Air
- Heating: Forced Air
- Basement: 90%+ Finished Basement
- Water: City Water
Exterior Details
- Garage: 3
- Zoning: Res
- Roof: Composition
- Sewer: City Sewer, Public Sewer
Description
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Great property offered at below market rates....Zillow value estimate $936,500....Buy this and have built in equity!!!
Discover a lucrative investment opportunity in Lakewood, CO with 558 Gray Court. This income-generating residential duplex in the desirable Birdsell subdivision offers two spacious units, each with 3 bedrooms and modern amenities. The property features a total of 3 garage spaces and sits on a cul-de-sac lot spanning 0.28 acres. Showcasing a profitable cap rate of 5.16%, 558 Gray Court presents a solid financial prospect with a proforma gross annual income of $54,000. Tenants enjoy separate utility metering and pay for most services directly, minimizing expenses for the owner. The property boasts a central location with a walk score of 32 and is conveniently close to bus stops. With a well-maintained interior including finished basements and updated appliances, this property is a turnkey investment opportunity. Don't miss out on owning this income-generating asset in Lakewood.
Location
- Address: 558 Gray Ct Lakewood CO 80226
- City: Lakewood
- State: CO
- Zip: 80226
From Sheridan & 6th ave, south on Sheridan to W 5th Ave, Right to Ames St. Left ont Gray Ct. Property is 2nd property in on cul de sac.
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Listing # Courtesy of Jeff Coutts of Coutts & Company Realty. Last Updated: April 28, 2024.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
