253 S Lamar Street, Lakewood, CO 80226

$2,050,000
List Price
$2,050,000
Price Change
▼ $100,000 1642562895
Type
Multifamily
Status
ACTIVE
MLS Number
6840373
Total Sqft
6349
Year Built
1960

Property Description

New Price !! 5.60% Cap! Turn-Key Asset in Desirable Location with a mix of Spacious 1 & 2 bedroom units. Well-Maintained Building in Excellent Condition with Newer Roof (2018). Property has benefited from high occupancy and low turnover under current ownership. Several of the units have been updated allowing for new ownership to make additional improvements to remaining units while increasing rents. Turnkey Property with Spacious 2 Bedroom Units and Ample Off Street Parking Several units recently updated with several more ready to be improved Conveniently located between Sheridan and Wadsworth Blvd., near many retail Amenities Lakewood Initiative limits the number of new units that can be built per year creating more demand on existing units Updated Investment Property; Low Maintenance Property in Excellent Condition Located less than 1 mile from Belmar Crossing with many National retailers including Whole Foods, Dicks Sporting Goods and Best Buy

Additional Information

Style
LowRise
Lot Size
31,360
Acres
0.72
Contstruction
Brick, Block
Taxes
$9,793
Tax Year
2020

Courtesy of Shames Makovsky Realty Company

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