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Listing Source
With courtesy of Altos Realty Advisors, Inc. Posted by REcolorado (Denver)
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ('IDX') program of RECOLORADO®, Real estate listings held by brokers other than RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
162 S Ingalls Street
Lakewood, CO 80226
— Jefferson
County
Commercial Sale$1,335,000Sold Listing# 4296342
5816.00 sqft
Lot size: 15000.00 sqft
0.34 acres
1961 build
Updated: 08-30-2024 10:28pm
+ 42 photos
+ 41 photos
+ 40 photos
Property Description
Discover an exceptional investment opportunity in the heart of Lakewood's North Alameda neighborhood - an 8-unit apartment building brimming with potential. Boasting a stable rent roll, this property offers a promising foundation for income generation. Yet, with strategic enhancements, higher rental yields are well within reach, promising a solid return on investment. Positioned to operate as a robust 6+ cap property at current rent levels, it presents an enticing prospect for savvy investors seeking value-add ventures.
Whether you're a seasoned investor seeking a lucrative addition to your portfolio or an enterprising newcomer looking to make your mark in the real estate market, this property offers the ideal canvas for realizing your investment aspirations. Don't miss out on this chance to seize a prime value-add play in Lakewood's thriving rental market.
Listing Details
Property Type
Commercial Sale
Listing#
4296342
Source
REcolorado (Denver)
Last Updated
08-30-2024 10:28pm
Status
Sold
Status Conditions
None Known
Off Market Date
07-11-2024 12:00am
Property Details
Property Subtype
Multi-Family
Sold Price
$1,335,000
Original Price
$1,395,000
Location
Lakewood, CO 80226
SqFT
5816.00
Year Built
1961
Acres
0.34
Map
Property Level and Sizes
SqFt Lot
15000.00
Lot Size
0.34
Financial Details
Previous Year Tax
8268.00
Year Tax
2023
Primary HOA Fees
0.00
Interior Details
Utilities
Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected