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Heather Truhan

heather@modusrealestate.com +1(720) 272-9299

$ 1,149,000

Est. payment -/mo

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7325 W Arkansas AVE Lakewood, CO 80232

5 Beds

4 Baths

2,751 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,751 sqft

Price per Sqft $417

Subdivision Cedar Place

MLS Listing ID 2756204

Bedrooms 5

HOA Y/N No

Abv Grd Liv Area 2,290

Year Built 1973

Annual Tax Amount $4,503

Tax Year 2024

Property Sub-Type Duplex

Source recolorado

Property Description

Rare opportunity to purchase a side-by-side duplex with two separate 24'X32' detached garages (6-CAR) in the back. Projected income of $93,600/per year or 7.3% CAP Rate! Use the garages as your 3rd and 4th streams of rental income, or use one or both for all the cars and outdoors toys you have. Private, gated entry into both garages. Extra space for outdoor storage on each side and plenty of extra concrete in front of each garage for even more space. The garages are only about 7-years-old, each measure 24'X32'. The west garage is unfinished, with projected income of between $1,000-$1,200/per month. The east garage could be your next “man cave” because it is insulated, finished/floored attic with access, has electric heat, and projected rental income of $1,300 to $1,500/per month. Unit #7335 is a 2-bedrooms, 2-bathroom, ranch-style unit that is currenting renting at $2,500/per month. This unit has a new furnace, new AC unit, and new tankless water hater. Unit #7325 is a 3-bedroom, 2-bathroom, split-level unit that is currently renting at $3,000/per month. This unit's heat is hot water boiler heat. Each unit is metered separately for gas, electric, and both units have separate water taps/separate water lines. The owner doesn't pay any utilities. The tenants are responsible for yard maintenance and snow removal. Each of the units has an attached 1-car garage in front and covered patios in the backyard as well. New exterior paint. Don't miss this tremendous opportunity to purchase this unique investment opportunity or opportunity to live in one of the units and have all the storage you need. Seller financing is an option. Schedule a showing today before it's gone.

Location

State CO

County Jefferson

Rooms

Basement Finished

Interior

Heating Forced Air, Hot Water

Cooling Air Conditioning-Room, Central Air

Fireplace N

Exterior

Exterior Feature Private Yard

Garage Spaces 8.0

Fence Partial

Roof Type Composition

Total Parking Spaces 8

Garage Yes

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Brick,Frame,Wood Siding

Schools

Elementary Schools Lasley

Middle Schools Alameda Int'L

High Schools Alameda Int'L

School District Jefferson County R-1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by MODUS Real Estate

Heather Truhan

Broker Associate | License ID: 39099N

+1(720) 272-9299

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Heather Truhan

7325 W Arkansas AVE Lakewood, CO 80232

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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7325 W Arkansas AVE