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7225-7227 W 20th AVE Lakewood, CO 80214
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Key Details
Sold Price $680,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $161
Subdivision Lakewood
MLS Listing ID 5367331
Sold Date 11/10/21
Style Traditional
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 2,164
Originating Board recolorado
Year Built 1954
Annual Tax Amount $3,391
Tax Year 2020
Acres 0.54
Property Description
This property sold "AS IS". Great opportunity for investors to possibly rezone the property, as the lot is over a half acre, and there is tons of room to the rear of the building to add on, or make other modifications. The property has 4 separate units, but the City will only allow 2 units under the zoning regs. Multiple units all around the property!! The 2 upper units have an outside stairwell to the ground, are fairly spacious, and the long term tenant's rent (7225) is way below market, but has been there many years.
The large outbuilding is set up as a Double car garage, and two Single Car Garages or Shops or whatever. The back of the lot is in the Flood Plain, as there is a creek that runs mainly in the spring, and it is pretty dry in the summer. A new survey has been completed and is available to the buyer for inspection.
The lower units are finished, but have been used for extra storage by the owner, and a caretaker used one unit for some personal effects while he was overseeing the property.
Location
State CO
County Jefferson
Rooms
Basement Exterior Entry, Finished, Full
Interior
Interior Features Ceiling Fan(s), Eat-in Kitchen
Heating Forced Air
Cooling None
Flooring Carpet, Laminate
Fireplace N
Appliance Disposal, Dryer, Gas Water Heater, Oven, Range, Refrigerator
Laundry In Unit
Exterior
Garage Exterior Access Door
Garage Spaces 4.0
Fence Partial
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected
Waterfront Description Stream
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Ditch, Near Public Transit
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick, Wood Siding
Schools
Elementary Schools Lumberg
Middle Schools Jefferson
High Schools Jefferson
School District Jefferson County R-1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with New Western Acquisitions