10350 W 12th Avenue

Lakewood, CO 80215

Incomes Property  $600,000  Expired

09-22-2017 01:21pm

Spacious duplex on park like lot. Both sides being sold together. Incredible use of space. Both up and down feel like two separate full living areas with the walk out basement. Both sets of tenants have been in the property for 5+ years and would love to stay. Live in one and rent the other. Rentable exactly as is or upgrade to increase the rents by 30%. Possible to build additional garage if desired. Yard is ideal for pets, kids, gardeners or those who want their own park! Property is on a quiet block with rabbits frolicking. This property backs to green space – Sunset Park, blocks away from light rail and bus lines. Downtown Denver is minutes away. Get a jump start on your mountain adventures! Cash flows instantly as an investment property, too! 50 yards away is Sunset Park with basketball, kids' play area and well-manicured greens. Wheatridge Paramount Park is a few blocks away.

MLS#
9475176
MLS Originator
REcolorado (Denver)
Off Market Date
07-31-2017 12:00am
Original Price
$600,000
Distance to Rail
3.00
Nearby Attraction
Adjacent to Greenbelt, Adjacent to Open Space, Adjacent to Park

Property
Income
Property Subtype
Income
Status
Expired
Last Update
09-22-2017 01:21pm
Bedrooms
6
Bathrooms
4
SqFt
3350
Year Built
1963
Der PSF Total
179.10

SqFt Lot
13125.00
SqFt Finished
3350
SqFt Basement
1675
SqFt Above
1675

Previous Year Tax
$2,502
Terms and Conditions
Cash, Conventional, Jumbo
Transaction Type
For Sale

Interior Features
Cable Available, Eating Space / Kitchen, Skylights
Appliances
Cook Top, Dishwasher
Flooring
Carpet, Vinyl/Linoleum, Wood Floors
Cooling
Evaporative Cooler (Swamp)
Heating
Forced Air
Heating Fuel
Gas
Utilities
Cable TV, Internet Access (Wired), Telephone

Baths Full
0

General
Adjacent to Greenbelt, Adjacent to Open Space, Adjacent to Park
Features
Balcony, Front Porch
Base Type
Walk-Out
Base Finished
Yes
Base Size
Full
Basement Finished %
100
Parking Spaces
1
Parking Features
Driveway-Asphalt
Vehicle Spaces
1
Type
# of Space
L x W
Description
Garage (Attached)
1
-

Building Type
Duplex (all units)
Structure
Multi-Level
Roof
Composition Shingles
Construction
Brick
Architectural Style
Traditional
Exterior Features
Balcony, Front Porch
Construction Method
Brick
Builder Source
County Records

School District
Jefferson County R-1
Elementary School
Eiber
Middle School
Creighton
High School
Lakewood

Annual Actual Expenses
2526
Annual Projected Expenses
3000
Annual Actual Income
37800
Annual Projected Income
49140
Annual Actual Net Income
35274
Annual Projected Net Income
46140
Unit Furnished
0

PPA
2000000.00
Lot Width
0.00

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