1072 S Arbutus St
Lakewood, CO 80228
- 8 beds
- 8 baths
- 5,720 sqft
- 11,005 sqft lot
- $222 per sqft
- 1969 build
- – on site
More homes
Discover a hidden gem nestled in the coveted Green Mountain neighborhood of Lakewood-an outstanding 4-unit multifamily building that promises significant value-add potential. Perfectly positioned in a vibrant and sought-after area, this property is ideal for the savvy investor looking to capitalize on a high-performing asset. Situated in the heart of Green Mountain, this property enjoys proximity to parks, trails, shopping, dining, and excellent schools, making it highly desirable for tenants. Each of the four units boasts a generous floor plan, averaging around 1430 square feet, providing ample living space and comfort for residents. Every unit comes with its own garage, adding convenience and value for tenants. The upper units feature large decks perfect for relaxing and entertaining, while the lower units offer private, fenced backyards ideal for families and pet owners. This multifamily building represents a unique opportunity to acquire a well-maintained property in a high-demand location with excellent upside potential. Don't miss your chance to invest in a property that combines strong current returns with the ability to significantly enhance profitability. Seize this opportunity to grow your portfolio in one of Lakewood's finest neighborhoods. Contact us today to schedule a viewing and explore the possibilities this property has to offer!
Last checked:
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Last updated Nov 15, 2024
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MLS# 2049520 —
The Building
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Year Built:1969
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New Construction:false
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Construction Materials:Wood/Frame
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# of Units Total:4
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Building Area Total:5720
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Total SqFt:5720
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Roof:Flat
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Levels:Two
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Stories:2
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Patio And Porch Features:Deck
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Above Grade Finished Area:5720
Room Dimensions
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Living Area:5720
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Living Area Units:Square Feet
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Living Area Source:Assessor
Financial & Terms
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Tenant Pays:Gas
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Listing Terms:Cash
Location
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Coordinates:-105.148422, 39.696659
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Latitude:39.696659
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Longitude:-105.148422
The Property
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Property Type:Residential Income
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Property Subtype:Income Property
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Lot Size Acres:0.25
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Lot Size SqFt:11005
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Lot Size Area:11005
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Lot Size Units:Square Feet
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Zoning:RES
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Exclusions:Tenants personal property
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Horse:false
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Fencing:Fenced
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Exterior Features:Balcony
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Water Source:City Water
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Waterfront:false
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2023
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Tax Annual Amount:6072
Beds
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Bedrooms Total:8
Baths
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Total Baths:8
The Listing
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Baseboard
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Heating:true
Utilities
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Utilities:Electricity Available
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Gas:Master Meter-Gas
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Electric:Electric, Separate Meter Electricity
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Sewer:City Sewer
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Foothills
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Middle Or Junior School:Dunstan
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High School:Green Mountain
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High School District:Jefferson County R-1
The Community
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Subdivision Name:Green Mountain
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Senior Community:false
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Spa:false
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Garage Type:Off Street
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Garage Spaces:8
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Covered Spaces:8
Extra Units
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Bedrooms Unit 1:2
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Total Baths Unit 1:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/15/24
Nov 15, 2024
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Sold | IRES | $1,275,000 | -7.3% |
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10/2/24
Oct 2, 2024
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Pending | IRES | $1,375,000 | |
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8/16/24
Aug 16, 2024
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Price Changed | IRES | $1,375,000 | -3.5% |
