5645 W 5th Avenue #5645 & 5655, Lakewood, CO 80226
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5645 W 5th Avenue #5645 & 5655,Lakewood, CO 80226
$745,000
- 6 Beds
- 2 Baths
- 3,364 sq. ft.
- Multi-family
- Active
Listed by: paul bishop
Office: compass - denver
MLS#:8533075
Source:ML
Price summary
- Price:$745,000
- Price per sq. ft.:$221.46
About this home
New price! "CALLING OUT" TO ALL LANDLORDS & INVESTORS. PRICE REDUCED to encourage an offer and a speedy closing. Sellers are motivated and eager to move on.... but not interested in a low ball offer. They have rejected multiple contracts in the past year that were not realistic. Amazing opportunity to own BOTH SIDES of a "VERY RENTABLE LAKEWOOD DUPLEX" which has been a hugely successful income stream for the past 2 decades. 5655 W 5th AVE One address (TWO ADJOINING PROPERTIES OF EQUAL SIZE currently empty & staged for viewing Each side of the duplex (which are mirror images of each other) feature an open floor plan; open kitchen & dining area, to the living room at the front, South facing so sunlight floods the home. 2 nice sized bedrooms & 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 past 30 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 $500K so the asking price for BOTH sides under $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 & 6th Ave Parkway. Parking is Plentiful w/each unit's attached one car garage.+ two additional driveway spaces & parking for 2 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 PRICE REDUCED Opportunity knocks ...experience & vision opens the door!...
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Home facts
- Year built:1965
- Listing ID #:8533075
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Flooring:Carpet, Vinyl
- Kitchen Description:Cooktop, Dishwasher, Disposal, Oven, Pantry, Range, Refrigerator
- Basement:Yes
- Basement Description:Bath/Stubbed, Full, Sump Pump, Unfinished
- Living area:3,364 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1965
- Building area:3,364 sq. ft.
- Lot area:0.27 Acres
- Lot Features:Near Public Transit
- Architectural Style:Mid-Century Modern
- Construction Materials:Brick
- Exterior Features:Front Porch, Garden, Patio, Private Yard, Rain Gutters
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Alameda Int'l
- Middle school:Alameda Int'l
- Elementary school:Deane
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$745,000
- Price per sq. ft.:$221.46
- Tax amount:$3,357 (2024)
Features and amenities
- Laundry features:Dryer, In Unit, Washer
- Amenities:Carbon Monoxide Detector(s), Smoke Detector(s), Sump Pump
Parking
- Total parking spaces:6
- Garage:Yes
- Garage spaces:2
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