5645 W 5th Avenue #5645 & 5655, Lakewood, CO 80226
Local realty services provided by:ERA Teamwork Realty
5645 W 5th Avenue #5645 & 5655,Lakewood, CO 80226
$750,000
- 4 Beds
- 2 Baths
- 3,364 sq. ft.
- Multi-family
- Active
Listed by:paul bishoppaulbishop745@hotmail.com,303-536-1786
Office:compass - denver
MLS#:8533075
Source:ML
Price summary
- Price:$750,000
- Price per sq. ft.:$222.95
About this home
"CALLING OUT" TO ALL LANDLORDS & INVESTORS. Amazing opportunity to own BOTH SIDES of a "VERY RENTABLE LAKEWOOD DUPLEX" which has been a hugely successful income stream for the past two decades. 5655 W 5th AVE is currently empty & staged for viewings 5645 is currently rented on a month to month lease & the current renters would like to stay if the buyers is willing to create a new lease & keep them on. They have been excellent tenants for the past 3 years & have been maintaining the yard to the highest of standards. Each side of the duplex (which are mirror images of each other) feature an open floor plan; the kitchen, through to the dining area, to the living room at the front, South facing so floods the home w/natural sun light. 2 nice sized bedrooms and a full bath complete the main level. Freshly painted with all appliances included. Both sides are in excellent condition & have been meticulously cared for over the years by the current owners. Each unit boasts their own A/C systems & sump pumps. In 5645 the owners have added 2 additional non-conforming, but very usable bedrooms, to the partially finished basement. Each bsmnt offers up
over 800 sqft a piece w/tons of potential for further build out & increased income stream. Currently they house laundry, a huge amount of flex space. In the past few years single sides of these Lakewood duplexes (their are many of them in the area) have sold for over $500 K so the asking price for BOTH sides @ $750K is arguably a screaming deal. Live in one rent out the other or start your rental portfolio off with a bang. Easy access to the mountains & Downtown Denver via Sheridan and 6th Ave Parkway. Parking is Plentiful w/each unit's attached one car garage.+ two additional driveway spaces & parking for two more vehicles in the "street bays" directly in front of the units. NOTE:5th AVE is nicely buffered by the office retail buildings & open space to the North. HURRY! Opportunity knocks.......experience & vision opens the door!
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Home facts
- Year built:1965
- Listing ID #:8533075
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Living area:3,364 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1965
- Building area:3,364 sq. ft.
- Lot area:0.27 Acres
Schools
- High school:Alameda Int'l
- Middle school:Alameda Int'l
- Elementary school:Deane
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$750,000
- Price per sq. ft.:$222.95
- Tax amount:$3,357 (2024)
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