7225-7227 W 20th Avenue

Lakewood, CO 80214 — Jefferson County

Income Property  $680,000  Sold  MLS# 5367331  

6 beds    4 baths    4200.00 sqft    Lot size: 23392.00 sqft    0.54 acres    1954 build   

Updated: 11-12-2021 07:48am


  Property Description

This property sold "AS IS". Great opportunity for investors to possibly rezone the property, as the lot is over a half acre, and there is tons of room to the rear of the building to add on, or make other modifications. The property has 4 separate units, but the City will only allow 2 units under the zoning regs. Multiple units all around the property!! The 2 upper units have an outside stairwell to the ground, are fairly spacious, and the long term tenant's rent (7225) is way below market, but has been there many years.The large outbuilding is set up as a Double car garage, and two Single Car Garages or Shops or whatever. The back of the lot is in the Flood Plain, as there is a creek that runs mainly in the spring, and it is pretty dry in the summer. A new survey has been completed and is available to the buyer for inspection.The lower units are finished, but have been used for extra storage by the owner, and a caretaker used one unit for some personal effects while he was overseeing the property.

  Listing Details

Property Type 
Income Property
MLS# 
5367331
MLS Originator 
REcolorado (Denver)
Last Updated 
11-12-2021 07:48am
Status 
Sold
Status Conditions 
None Known
Der PSF Total 
161.90
Off Market Date 
10-26-2021 12:00am

  Property Details

Property Subtype 
Duplex
Sold Price 
$680,000
Original Price 
$710,000
List Price 
$680,000
Location 
Lakewood, CO 80214
SqFT 
4200.00
Year Built 
1954
Acres 
0.54
Bedrooms 
6
Bathrooms 
4
Parking Count 
1

  Map

  Property Level and Sizes

SqFt Lot 
23392.00
Lot Size 
0.54

  Financial Details

PSF Total 
$161.90
PSF Finished 
$161.90
PSF Above Grade 
$314.23
Previous Year Tax 
$3,391
Year Tax 
2020
Is this property managed by an HOA? 
No
Primary HOA Fees 
0.00

  Interior Details

Interior Features  
Ceiling Fan(s), Eat-in Kitchen
Flooring  
Carpet, Laminate
Cooling  
None
Heating  
Forced Air
Fireplaces Number  
Utilities  
Cable Available, Electricity Connected, Natural Gas Connected

  Exterior Details

Water  
Public
Sewer  
Public Sewer

  Garage & Parking

Parking Spaces  
1
Parking Features  
Exterior Access Door

  Exterior Construction

Roof  
Composition
Construction  
Brick, Wood Siding
Architectural Style  
Traditional
Builder Source 
Public Records

  Land Details

PPA 
1259259.26

  Schools

Elementary School 
Lumberg
Middle School 
Jefferson
High School 
Jefferson

  Walk Score®


 



  Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 7225-7227 W 20th Avenue, Lakewood, CO 80214
- Property Type: Income Property, 6 beds, 4 baths, 4200.00 SqFT
- Selling Price: $710,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$680,000 (1)
$680,000 (1)
$840,000 (2)
$840,000 (2)
Area 2 (1-2 miles)
$680,000 (1)
$680,000 (1)
$843,667 (3)
$843,667 (3)
Area 3 (2-3 miles)
$680,000 (1)
$680,000 (1)
$780,380 (6)
$780,380 (6)
Area 4 (3-5 miles)
$680,000 (1)
$680,000 (1)
$780,380 (6)
$780,380 (6)

  Contact Agent

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