Pending
558 Gray Court
Lakewood CO, 80226
$930,000
$263.31 per sqft
Pending
6 Beds
6 Baths
3,532 sqft
Multi-family
Built in 1962
.
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.
2666149
MLSⓇ ID
March 21, 2024
Listed
May 9, 2024
Updated
Map
558 Gray Court
Lakewood CO, 80226
Interior Features
Total Stories
2
Bedrooms
6
Total Bathrooms
6
Appliances
Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range Hood, Refrigerator
Laundry Description
In Basement
Floor Description
Carpet, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.28 Acres
Exterior Features
Balcony, Private Yard, Rain Gutters
Lot Features
Cul-De-Sac
Roof
Composition
Sewer
Public Sewer
School Information
School District
Jefferson County R-1
High School
Alameda Int'l
Elementary School
Deane
Other Property Details
Taxes
$3,284
Tax Frequency
Annually
Garage
Yes
Garage Spaces
3
Parking
Asphalt, Dry Walled, Exterior Access Door, Finished, Heated Garage, Lighted
Parking Total
3
View
Yes
View Description
City
County
Jefferson
Water Source
Public
Pool
No
Zoning
Res
Buyer Agency Compensation
2.8%
Listing History
Date | Event | Price |
---|---|---|
4/27/2024 | Under Contract | — |
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