5870 W 9th Avenue

Lakewood, CO 80214

Incomes Property  $536,000  Sold

11-30-2018 05:54pm

Property Description

Side-by-side, ranch duplex in the desirable Two Creeks neighborhood in Lakewood. Two 3bed/2bath units with 2,880 finished square feet and minutes to light rail. New roof. Separately metered for gas and electric. Tenants are on month-to-month leases. Room to raise rents. Low maintenance and great income potential - 6+% Proforma CAP Rate. Or live in one and rent the other!

Listing Details

MLS#
3913643
MLS Originator
REcolorado (Denver)
Off Market Date
10-19-2018 12:00am
Original Price
$539,900

Property Details

Property
Income
Property Subtype
Income
Status
Sold
Status Conditions
None Known
Last Update
11-30-2018 05:54pm
Bedrooms
6
Bathrooms
4
SqFt
2880
Year Built
1957
Der PSF Total
186.11

Map

Property Level and Sizes

SqFt Lot
10716.00
SqFt Finished
2880
SqFt Basement
1440
SqFt Above
1440

Financial Details

Sold Price
$536,000
Previous Year Tax
$1,852
Terms and Conditions
Cash, Conventional, FHA
Transaction Type
For Sale

Interior Details

Appliances
Refrigerator (Kitchen), Stove/Range/Oven
Cooling
None
Heating
Forced Air
Heating Fuel
Gas

Room Details

Laundry Availability
W/D Hookups in Unit

Exterior Details

Base Finished
Yes
Base Size
Full
Basement Finished %
100
Parking Spaces
2
Vehicle Spaces
6
Type
# of Space
L x W
Description
Carport (Attached)
2
-
Off-Street
4
-

Exterior Construction

Building Type
Duplex (all units)
Structure
Ranch/1 Story
Roof
Composition Shingles
Construction
Brick
Construction Method
Brick

Schools

School District
Jefferson County R-1
Elementary School
Molholm
Middle School
Jefferson
High School
Jefferson

Condominium Projections

Annual Actual Expenses
6815
Annual Projected Expenses
7065
Annual Actual Income
26505
Annual Projected Income
40470
Annual Actual Net Income
19690
Annual Projected Net Income
33405
Unit Furnished
0

Land Details

PPA
2144000.00
Lot Width
0.00

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