$1,335,000
$1,350,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
162 S Ingalls ST Lakewood, CO 80226
0.34 Acres Lot
Key Details
Sold Price $1,335,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4296342
Sold Date 08/30/24
HOA Y/N No
Originating Board recolorado
Year Built 1961
Annual Tax Amount $8,268
Tax Year 2023
Lot Size 0.340 Acres
Acres 0.34
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.
Location
State CO
County Jefferson
Interior
Fireplace N
Exterior
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected
Roof Type Architecural Shingle
Total Parking Spaces 11
Garage No
Building
Lot Description Irrigated, Landscaped, Sprinklers In Front
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Altos Realty Advisors, Inc.