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Key Details
Sold Price $868,257
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,424 sqft
Price per Sqft $253
Subdivision Bennett And Shockley
MLS Listing ID 8424631
Style Contemporary
Bedrooms 10
Year Built 1965
Annual Tax Amount $4,360
Tax Year 2024
Lot Size 0.450 Acres
Property Sub-Type Duplex
Property Description
Calling all investors and house hackers! This turnkey duplex offers the perfect opportunity to generate immediate income while minimizing maintenance and maximizing future potential. Each side features 1,712 square feet with 5 bedrooms, 2 bathrooms, a 1-car attached garage, central A/C, private fenced backyard, and thoughtful updates throughout. Both units have been extensively remodeled with newer kitchens, bathrooms, flooring, mechanical systems, sewer lines, radon systems, furnaces, water heaters, and more - making this a truly low-maintenance investment. The main levels of both units feature hardwood floors, spacious living rooms, updated kitchens, 2 bedrooms, and a full bath. Finished basements offer 3 additional bedrooms, another full bath, laundry, and comfortable carpeted living space - creating flexible layouts ideal for tenants or owner occupants alike. 5870 is currently rented through mid-July at just under $3,000/month, while 5880 is vacant and ready for its next owner or tenant. Whether you want to owner occupy while offsetting your mortgage or fully lease both sides for approximately $6,000/month in rental income, the options are endless. The oversized lot also presents incredible future upside with room to potentially add an ADU or third unit to further increase cash flow. Conveniently located near 6th Avenue for easy commuting and just minutes from Belmar's shopping, restaurants, grocery stores, and entertainment, this is a rare opportunity to own a move-in ready duplex with strong income potential in a prime Lakewood location.
Location
State CO
County Jefferson
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet, Linoleum, Tile, Vinyl, Wood
Laundry In Basement, In Unit, Multiple Locations
Exterior
Exterior Feature Fire Pit, Lighting, Private Yard, Rain Gutters
Parking Features Concrete, Dry Walled, Exterior Access Door, Finished Garage, Storage
Garage Spaces 2.0
Fence Full
Roof Type Composition
Building
Lot Description Level, Near Public Transit
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Schools
Elementary Schools Deane
Middle Schools Alameda Int'L
High Schools Alameda Int'L
School District Jefferson County R-1
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Your Castle Realty LLC
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