Listing Courtesy of: Jeff Coutts - Coutts & Company Realty
720-341-8118
$930,000
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558 Gray Court Lakewood, CO 80226
Duplex
Residence
6
Beds
6
Baths
4,021
Sq. Ft.
0.28
Acre
Lot
Property Activity
Time on Site
days
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. 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.
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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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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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