987-989 S Alkire Street

Lakewood, CO 80228

Incomes Property  $465,000  Sold

08-01-2017 06:20am

Excellent rental property, side by side duplex with 2 bedrooms, 1 bathroom, 1 car attached garage and front/backyards in each unit. New roof just installed in June of 2017. New exterior paint and fully fenced back yards. Unit 989 has updated kitchen, bathroom, flooring, new fence. Both units have new sliding glass patio doors. Both units currently tenant occupied. Unit 987 is on a month to month lease currently rented below market rent at $975 per month and Unit 989 is rented for $1,600 per month on a 12 month lease expiring on July 1, 2018. Seller intends on 1031 tax deferred exchange.

MLS#
3299450
MLS Originator
REcolorado (Denver)
Off Market Date
07-10-2017 12:00am
Original Price
$459,000
Nearby Attraction
Corner Lot

Property
Income
Property Subtype
Income
Status
Sold
Status Conditions
None Known
Last Update
08-01-2017 06:20am
Bedrooms
4
SqFt
2500
Year Built
1969
Der PSF Total
186.00

SqFt Lot
13161.00
SqFt Finished
2500
SqFt Basement
370
SqFt Above
2130

Sold Price
$465,000
Previous Year Tax
$1,989
Terms and Conditions
Cash, Conventional, Exchange, FHA, Private Financing, VA
Transaction Type
For Sale

Interior Features
Updated
Appliances
Dishwasher, Disposal, Stove/Range/Oven
Flooring
Carpet, Laminate, Tile Floor
Cooling
None
Heating
Forced Air
Heating Fuel
Gas

Baths Full
0
Laundry Availability
W/D Hookups in Unit

General
Corner Lot
Features
Fence, Patio, Yard
Base Type
Garden Level
Base Finished
Yes
Base Size
Partial
Basement Finished %
100
Parking Spaces
1
Parking Features
Driveway-Concrete
Vehicle Spaces
2
Type
# of Space
L x W
Description
Garage (Attached)
2
-
Lot View
City View, Mountain View

Building Type
Duplex (all units)
Structure
Multi-Level
Roof
Composition Shingles
Construction
Brick, Wood Siding
Architectural Style
Traditional
Exterior Features
Fence, Patio, Yard
Construction Method
Frame

School District
Jefferson County R-1
Elementary School
Foothills
Middle School
Dunstan
High School
Green Mountain

Annual Actual Expenses
6469
Annual Projected Expenses
6000
Annual Actual Income
24950
Annual Projected Income
36000
Annual Actual Net Income
18481
Annual Projected Net Income
30000
Unit Furnished
0

PPA
1550000.00
Lot Width
0.00

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 987-989 S Alkire Street, Lakewood, CO 80228
- Property Type: Incomes Property, 4 beds, - baths, 2500 SqFT
- Sold Price: $465,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$465,000 (1)
$465,000 (1)
$465,000 (1)
$465,000 (1)
Area 2 (1-2 miles)
$465,000 (1)
$465,000 (1)
$465,000 (1)
$465,000 (1)
Area 3 (2-3 miles)
$465,000 (1)
$465,000 (1)
$465,000 (1)
$465,000 (1)
Area 4 (3-5 miles)
$465,000 (1)
$465,000 (1)
$465,000 (1)
$465,000 (1)

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