USACOLakewoodNorth Alameda5365 W 3Rd Pl
5365 W 3 Rd Pl, Home with 8 bedrooms, 4 bathrooms and null parking in Lakewood CO | Image 1
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$875,000

5365 W 3 Rd Pl, Lakewood, CO

Real Estate

For Sale

$--,---,---
840
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2988 sqft
Garage Yes
Taxes $4,624
Days Active 1
Lot Size 
Approx. Age 1961
Avg. Price Per Sqft $292
MLS® Number 6282231

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Amazing investment opportunity, already performing at a 7% cap rate with current figures! Can be renovated and upgraded to allow for even better returns with higher rents. Current rents of about $1500 are just average for the neighborhood, so there is lots of room for upward improvement with the right vision. Would also be perfect someone looking to owner occupy 1 unit and rent out the other 3, and should qualify for FHA financing with this strategy. Each apartment has a washer/dryer in unit, and is metered separately for gas and electric, with 4 individual furnaces. Neighborhood provides quick access to Hwy 6, and then west to Golden or east to Denver. Perfect middle Lakewood location. When fully occupied, this should cash flow monthly assuming a 25% down mortgage. A rare find!Show Description
MLS® Number6282231
Laundry Level
Central VacNo
FireplaceNo
Acreage
ExteriorBalcony
GarageYes
Approx. Age1961
Basement
Driveway
Garage Spaces
HeatForced Air
A/C
Heating Fuel

Extras

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