$1,912,500
$1,950,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
1427 Otis ST Lakewood, CO 80214
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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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with NorthPeak Commercial Advisors, LLC