$1,275,000
$1,375,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
1072 S Arbutus ST Lakewood, CO 80228
8 Beds
8 Baths
5,720 SqFt
Key Details
Sold Price $1,275,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,720 sqft
Price per Sqft $222
Subdivision Green Mountain
MLS Listing ID 2049520
Sold Date 11/15/24
Style Traditional
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 5,720
Originating Board recolorado
Year Built 1969
Annual Tax Amount $6,072
Tax Year 2023
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Discover a hidden gem nestled in the coveted Green Mountain neighborhood of Lakewood—an outstanding 4-unit multifamily building that promises significant value-add potential. Perfectly positioned in a vibrant and sought-after area, this property is ideal for the savvy investor looking to capitalize on a high-performing asset.
Situated in the heart of Green Mountain, this property enjoys proximity to parks, trails, shopping, dining, and excellent schools, making it highly desirable for tenants. Each of the four units boasts a generous floor plan, averaging around 1430 square feet, providing ample living space and comfort for residents. Every unit comes with its own garage, adding convenience and value for tenants. The upper units feature large decks perfect for relaxing and entertaining, while the lower units offer private, fenced backyards ideal for families and pet owners.
This multifamily building represents a unique opportunity to acquire a well-maintained property in a high-demand location with excellent upside potential. Don't miss your chance to invest in a property that combines strong current returns with the ability to significantly enhance profitability. Seize this opportunity to grow your portfolio in one of Lakewood's finest neighborhoods. Contact us today to schedule a viewing and explore the possibilities this property has to offer!
Location
State CO
County Jefferson
Zoning RES
Interior
Heating Baseboard
Cooling None
Flooring Carpet, Laminate
Fireplace N
Appliance Convection Oven, Dishwasher
Laundry In Unit
Exterior
Exterior Feature Balcony, Private Yard
Parking Features Concrete
Fence Full
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Rolled/Hot Mop
Total Parking Spaces 8
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
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 Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, 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.