CO > Lakewood
Lakewood, CO 80214,1675 Upham ST
Lakewood, CO 80214,1675 Upham ST
Lakewood, CO 80214,1675 Upham ST
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$1,495,000
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4,880 SqFt
Price Dropped by $55K

1675 Upham ST Lakewood, CO 80214

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Chris Plant

Chris Plant

+1(303) 332-4747

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,880 sqft

Price per Sqft $306

MLS Listing ID 9810597

HOA Y/N No

Year Built 1961

Annual Tax Amount $7,672

Tax Year 2025

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Multi Family

Source recolorado

Property Description

Cushman & Wakefield is proud to present 1675 Upham Street, a compelling value-add multifamily investment opportunity in the heart of Lakewood, Colorado - a high-demand submarket within the Denver Metro. This 8-unit, two-story brick apartment building, constructed in 1961, is strategically located just off Wadsworth Bouldevard and Colfax Avenue, offering both strong tenant demand and long-term upside potential. The unit mix consists of one studio, six 1-bedroom/1-bath units, and one 2-bedroom/1-bath unit, with an average unit size of 610 SF. Additionally, the ownership has recently implemented utility bill-backs to tenants, enhancing NOI with no operational distrubution. Recent capital improvements include a new roof, new boiler, updated gutters and downspouts, selective new appliances and fixtures, and the addition of six basement storage units-all contributing to stabilized operations and lower near-term capex exposure. With strong physical fundamentals and embedded income growth, 1675 Upham Street is ideally suited for an investor seeking durable in-place cash flow with a clear path to value creation through unit renovations and operational optimization.

Location

State CO

County Jefferson

Interior

Fireplace N

Exterior

Parking Features Asphalt

Roof Type Shingle

Total Parking Spaces 10

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

REColorado (REColorado MLS)
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Cushman & Wakefield

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Chris Plant

Chris Plant

Broker

+1(303) 332-4747

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1675 Upham ST

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