Lakewood, CO 80214,1427 Otis ST
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Lakewood, CO 80214,1427 Otis ST
Lakewood, CO 80214,1427 Otis ST
Lakewood, CO 80214,1427 Otis ST
Lakewood, CO 80214,1427 Otis ST

$1,912,500

Est. payment /mo

$1,950,000

1.9%
Est.Price: ?

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1427 Otis ST Lakewood, CO 80214

SOLD DATE : 07/25/2022

Key Details

Sold Price $1,912,500

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 7294118

Sold Date 07/25/22

HOA Y/N No

Originating Board recolorado

Year Built 1956

Annual Tax Amount $6,993

Tax Year 2020

Property Description

1427 Otis St. consists of 9 units built in 1956. The property is located in a growth area near Colfax and Wadsworth with easy access to Sloan’s Lake and Hwy 6. There have been recent improvements to the interiors including granite countertops as well as updated bathrooms and flooring. Other capital improvements include plumbing and electrical in 2017. A portion of the units are being rented as furnished corporate rentals that bring in above market rents. Other attractive features include side-by-side unit layout, free on site laundry, and complimentary internet. The unit mix is composed of all one bedrooms.

Location

State CO

County Jefferson

Interior

Fireplace N

Exterior

Garage No

Building

Sewer Public Sewer

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REColorado (REColorado MLS)
Listed by NorthPeak Commercial Advisors, LLC
Bought with NorthPeak Commercial Advisors, LLC

Jim Cavoto

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+1(720) 692-6563

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