206 S Pierce ST Save Request In-Person Tour Request Virtual Tour
Lakewood,CO 80226
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,600 sqft
Price per Sqft $250
MLS Listing ID 5038511
Year Built 1962
Annual Tax Amount $8,362
Tax Year 2024
Lot Size 0.345 Acres
Property Sub-Type Multi Family
Property Description
Introducing CEDAR ARMS, a charming 7-unit apartment community nestled at 206 S Pierce Street in Lakewood, CO. This property, featuring 2-bedroom, 1-bath units of around 900 sqft each, offers a lucrative investment opportunity with modern amenities and recent renovations. The exterior boasts low-maintenance brick construction with a new roof, while interiors showcase updated kitchens with newer appliances, LVP flooring, and more. Residents enjoy ample closet space, a well-maintained laundry facility, and abundant parking on the premises. Conveniently located just five miles west of downtown Denver and a mile east of Belmar Redevelopment, Cedar Arms is an ideal fit for hands-on owners looking for great returns. With a solid rent schedule and a prime location near shopping districts, this property stands out as a promising prospect in Lakewood's real estate market.
Location
State CO
County Jefferson
Exterior
Exterior Feature Balcony
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None