Lakewood, CO 80228,1004 S Arbutus ST
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Lakewood, CO 80228,1004 S Arbutus ST
Lakewood, CO 80228,1004 S Arbutus ST
Lakewood, CO 80228,1004 S Arbutus ST
Lakewood, CO 80228,1004 S Arbutus ST

$985,000

Est. payment /mo

$999,000

1.4%
Est.Price: ?

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1004 S Arbutus ST Lakewood, CO 80228

8 Beds

5 Baths

3,395 SqFt

SOLD DATE : 11/29/2021

Key Details

Sold Price $985,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,395 sqft

Price per Sqft $290

Subdivision Green Mountain

MLS Listing ID 8170107

Sold Date 11/29/21

Bedrooms 8

HOA Y/N No

Originating Board recolorado

Year Built 1969

Annual Tax Amount $3,357

Tax Year 2020

Property Description

Rare Green Mountain Tri-plex. Excellent Investment opportunity! This property features a traditional duplex with each side featuring 3 beds, 2 baths, in-unit washer-dryer, and 1 car garages. There is a bonus apartment above the garages that has its own driveway and 1 car garage. That is 3 garages in total! Each unit has its own private entrance and driveway also. There is a beautifully landscaped yard at this property and a shared covered patio space. This property has been very well maintained and is in excellent condition. 13298 was completely updated 2 years ago (no pics since this unit is occupied). 1004 is currently vacant and will be the only unit available for showings. 1004 has same layout as 13298. 1010 is the above garage apartment that is also in very good condition. This unit has 2 bed, 1 bath and a very functional layout. Due to its excellent location, this property attracts excellent long-term tenants. This is a great opportunity to live in 1 of the units and rent out the other 2.

The 3 bed unit is currently rented at $1750 per month and the 2 bed apartment rents for $1200. Plenty of room to increase rents.

Location

State CO

County Jefferson

Interior

Interior Features Built-in Features, Butcher Counters, Ceiling Fan(s), Laminate Counters

Heating Forced Air

Cooling Air Conditioning-Room

Flooring Laminate, Tile

Fireplace N

Appliance Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator

Exterior

Garage Concrete

Garage Spaces 3.0

Roof Type Architecural Shingle

Parking Type Concrete

Total Parking Spaces 3

Garage No

Building

Story Split Entry (Bi-Level)

Foundation Concrete Perimeter

Sewer Public Sewer

Level or Stories Split Entry (Bi-Level)

Structure Type Brick, Frame

Schools

Elementary Schools Foothills

Middle Schools Dunstan

High Schools Green Mountain

School District Jefferson County R-1

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Mile High Commercial Advisors, Ltd.
Bought with Nexus Commercial Realty LLC

Linette Nye Schmidt

Broker Associate | License ID: FA.100086260

+1(719) 588-1636

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