558 Gray CT

Lakewood,CO 80226

$ 930000

6 Beds

6 Baths

3532 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,532 sqft

Price per Sqft $263

Subdivision Birdsell

MLS Listing ID 2666149

Bedrooms 6

HOA Y/N No

Abv Grd Liv Area 2,063

Originating Board recolorado

Year Built 1962

Annual Tax Amount $3,284

Tax Year 2023

Lot Size 0.280 Acres

Acres 0.28

Property Description

.

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

State CO

County Jefferson

Zoning Res

Rooms

Basement Finished

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet,Tile

Fireplace N

Appliance Dishwasher,Disposal,Gas Water Heater,Microwave,Oven,Range Hood,Refrigerator

Laundry In Basement

Exterior

Exterior Feature Balcony,Private Yard,Rain Gutters

Parking Features Asphalt,Dry Walled,Exterior Access Door,Finished,Heated Garage,Lighted

Garage Spaces 3.0

Fence Partial

Utilities Available Cable Available,Electricity Connected,Internet Access (Wired),Natural Gas Connected,Phone Available

View City

Roof Type Composition

Total Parking Spaces 3

Garage Yes

Building

Lot Description Cul-De-Sac

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick,Frame

Schools

Elementary Schools Deane

Middle Schools Alameda Int'L

High Schools Alameda Int'L

School District Jefferson County R-1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,Jumbo,VA Loan

Listing Terms 1031 Exchange,Cash,Conventional,FHA,Jumbo,VA Loan

Special Listing Condition None

View More
Favorite Go Tour