5870 W 5th Avenue, Lakewood, CO 80226
Local realty services provided by:ERA Shields Real Estate
Listed by: chelsea steen
Office: your castle real estate inc
MLS#:8424631
Source:ML
Price summary
- Price:$875,000
- Price per sq. ft.:$255.55
About this home
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....
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Home facts
- Year built:1965
- Listing ID #:8424631
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Flooring:Carpet, Linoleum, Tile, Vinyl, Wood
- Kitchen Description:Dishwasher, Disposal, Microwave, Oven, Pantry, Refrigerator
- Basement:Yes
- Basement Description:Bath/Stubbed, Finished, Full, Interior Entry, Sump Pump
- Living area:3,424 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1965
- Building area:3,424 sq. ft.
- Lot area:0.45 Acres
- Lot Features:Level, Near Public Transit
- Architectural Style:Contemporary
- Construction Materials:Brick, Frame
- Exterior Features:Fire Pit, Lighting, Patio, Private Yard, Rain Gutters
- Foundation Description:Concrete Perimeter
- 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:$875,000
- Price per sq. ft.:$255.55
- Tax amount:$4,360 (2024)
Features and amenities
- Laundry features:Dryer, In Unit, Washer
- Amenities:Carbon Monoxide Detector(s), Smart Locks, Smoke Detector(s), Sump Pump
Parking
- Total parking spaces:12
- Parking description:Concrete Driveway, Dry Walled, Exterior Access Door
- Garage:Yes
- Garage spaces:2
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