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5645 W 5th AVE #5645 & 5655 Lakewood, CO 80226
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Key Details
Sold Price $730,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,364 sqft
Price per Sqft $217
Subdivision Lakewood
MLS Listing ID 8533075
Style Mid-Century Modern
Bedrooms 6
Year Built 1965
Annual Tax Amount $3,357
Tax Year 2024
Lot Size 0.272 Acres
Property Sub-Type Duplex
Property Description
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!
Location
State CO
County Jefferson
Zoning R2
Interior
Heating Forced Air, Natural Gas
Cooling Evaporative Cooling
Flooring Carpet, Vinyl
Laundry In Basement, In Unit, Multiple Locations
Exterior
Exterior Feature Garden, Private Yard, Rain Gutters
Garage Spaces 2.0
Fence Full
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available
Roof Type Composition
Building
Lot Description Near Public Transit
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Deane
Middle Schools Alameda Int'L
High Schools Alameda Int'L
School District Jefferson County R-1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with eXp Realty, LLC
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