Listing Courtesy of: Jeff Coutts - Coutts & Company Realty 720-341-8118
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558 Gray Court Lakewood, CO 80226

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Duplex Residence
6 Beds
6 Baths
4,021 Sq. Ft.
0.28 Acre Lot
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Last updated on 11/25/2024 1:20 AM

Listing Details

. Great property offered at below market rates....Zillow value estimate $936,500....Buy this and have built in equity!!! Discover a lucrative investment opportunity in Lakewood, CO with 558 Gray Court. This income-generating residential duplex in the desirable Birdsell subdivision offers two spaci...ous units, each with 3 bedrooms and modern amenities. The property features a total of 3 garage spaces and sits on a cul-de-sac lot spanning 0.28 acres. Showcasing a profitable cap rate of 5.16%, 558 Gray Court presents a solid financial prospect with a proforma gross annual income of $54,000. Tenants enjoy separate utility metering and pay for most services directly, minimizing expenses for the owner. The property boasts a central location with a walk score of 32 and is conveniently close to bus stops. With a well-maintained interior including finished basements and updated appliances, this property is a turnkey investment opportunity. Don't miss out on owning this income-generating asset in Lakewood. Continue reading
MLS#
2666149
Property Type
Duplex
Status
Bedrooms
6
Bathrooms
Year Built
1962
Square Feet
4,021 sq. ft
Lot Size
0.28
Stories
2.0
Sewer
Public Sewer
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Listing Courtesy of: Jeff Coutts - Coutts & Company Realty 720-341-8118

Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of REcolorado as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 11/25/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than this broker are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved Click Here to view Full REcolorado Disclaimer


This content last refreshed on 11/25/2024 1:20 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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