720-280-3004 Have a Question?
6010 West 1St Avenue Lakewood, CO 80226

Investment opportunity!

Offered at $430,000

PROPERTY OVERVIEW

Neighborhood:            North Alameda

Year Built:                   1942

Style:                           Bungalow

Total Beds:                  4 + Office

Total Baths:                 3

Total Sq. Ft.:               2,284             

Parking:                      2 car detached garage

Additional Parking:    5 offstreet spaces

HVAC:                         Gas, Forced Air – new!

H20 Heaters:              1 newer 50 gallon tank

Roof:                           Composition – new!

Lot Size:                      6000 SF

2017 Taxes:                $1511

 

UPSTAIRS UNIT:

Beds:                           2 bedrooms + Office

Baths:                         1 Full bath, One ¾ bath (Total 2)

Square Footage:         1318 SF

 

BASEMENT UNIT:

Beds:                            2 bedrooms

Baths::                         1 full

Square Footage:          869

 

FINANCIALS

Actual Annual Monthly Income: $2850

Actual Annual Gross Income: $34,200

Actual Annual Expenses: $3,311

Cap Rate: 7.2%

           

Additional Information:     

Inclusions:             2 refrigerators, 2 Ovens, 1 Dishwasher, 2 Microwaves, Washer, Dryer

Exclusions:             None

Earnest Money:      $15,000

Title Company:       First Integrity

 

 

Incredible multi-use property located just 5 blocks from Okane Park and 1.5 miles from Belmar shopping center! Many opportunities with this charming and updated rental property: Live in the top unit and rent out the bottom unit to supplement your mortgage payment! Rent out both the top and bottom unit and get a 7.2% cap rate. Use this home as a live/work property and work in the top unit and live in the bottom unit. Airbnb both units or just the bottom unit. The possibilities are endless!!!!

Other Special Features:

  • Radon Mitigation System

  • New Furnace

  • New roof

  • Newly refinished hardwood floors

  • Newer 50 gallon hot water heater

  • Newer garage with workshop 

  • Newly poured concrete driveway

  • Newer windows

Photo Gallery

Location

Contact Us

Stacy Neir

Presented by:

Stacy Neir

720-280-3004

* All fields are required