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  • DESCRIPTION

    Fourteen Unit Investment Opportunity. Fully leased three separate buildings. Two buildings with 4 units each and one with 6 units. Each unit is individually deeded with a separate meter and could be individually sold at any time. This property has gone thru some major improvements with new retaining walls ($19,631), newer roofs ($46,742), newer windows ($3,050), new deck and stairs ($53,508), newer furnaces ($14,375) and each unit has been updated since ownership. There is a 22 space parking lot, storage shed. Close to the Light Rail, new Montessori school being constructed across the street as well as a school farm just a block away. Rent-O-Meter has the average rent for the area estimated at $1,272/month. 10 units are on month to month and 4 unit leases expire in Feb and May 2018.

    KEY DETAILS
    • Price:
    • $2,200,000
    • Bedrooms:
    • 28
    • Full Baths:
    • 0
    • Square Footage:
    • 11,796
    • Acreage:
    • 0.56
    • Year Built:
    • 1983
    • Listing ID #:
    • 6201982
    • Street Address:
    • W 5269-5297 Center Ave
    • City:
    • Lakewood
    • State:
    • CO
    • Postal Code:
    • 80226
    • County:
    • Jefferson
    • Subdivision:
    • West Center Condos
    • Listing Status:
    • For Sale - Under Contract

    Building

    • Architecture Style:
    • Traditional
    • Dwelling Type:
    • 5+ Plex (all Units)
    • Features:
    • Professionally Managed
    • Finished Above Ground Square Footage:
    • 11796
    • Finished Square Feet:
    • 11796
    • Flooring:
    • Carpet, Tile Floor, Vinyl/Linoleum, Wood Floors
    • Interior Features:
    • Double Pane Windows, Eating Space / Kitchen, Remodeled, Updated
    • Number Of Units:
    • 14
    • Siding:
    • Brick, Wood Siding
    • Style:
    • Multi-Level
    • Total Building Square Footage:
    • 11796
    • Year Built:
    • 1983

    Business

    • Annual Maintenance Expenses:
    • 8400

    Land

    • Conforms To Zoning:
    • Res
    • Lot Features:
    • Balcony, Fence, Front Porch, Professional Landscaping, Sprinkler System, Yard
    • Lot Square Footage:
    • 24218.00
    • Road Surface:
    • Paved Road

    Listing

    • Financing Options:
    • Cash, Conventional, Exchange, Private Financing
    • For Sale Or Lease?:
    • For Sale

    Money

    • Property Taxes:
    • $8,567
    • Tax Year:
    • 2016

    Rooms

    • Kitchen Appliances:
    • Dishwasher, Disposal, Refrigerator (kitchen), Stove/Range/Oven

    Structures

    • Parking Description:
    • Driveway-Asphalt
    • Parking Spaces:
    • 22

    Systems

    • Cooling System:
    • Air Conditioning-Central
    • Heating:
    • Forced Air
    • Heating Fuel:
    • Gas
    • Laundry:
    • W/D Hookups In Unit

    Source

    • Listing Provided By McClure And Associates

      MLIST
    School data provided by
    GreatSchools
    REQUEST SHOWING
    WHAT'S NEARBY
    Loading

    Yelp
    SCHOOL RATINGS
    3

    DEANE ELEMENTARY SCHOOL
    Middle School
    Public

    n/a

    ALAMEDA INTL
    Junior High School
    Public

    n/a

    ALAMEDA INTL
    High School
    Public

    NOTES

    No notes have been added for this home.

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