245 Otis Ct
Lakewood, CO 80226
- 6 beds
- 6 baths
- 3,576 sqft
- 13,068 sqft lot
- $237 per sqft
- 1971 build
- – on site
Unlock Your Investment Potential with 245-255 Otis Duplex income property. This property currently has one unit occupied at $2,800 a month and the second unit purposely left vacant for a potential owner occupant. With dual income potential, you can live in one unit and rent out the other, or rent both while covering your mortgage and living expenses with ease. Both units feature modern kitchens with stainless steel appliances, contemporary bathrooms, and fresh finishes throughout, making them ideal for comfortable living. Spacious layouts fill each unit with natural light, creating inviting spaces. The duplex also offers privacy, with separate entrances for each unit, ideal for multi-generational living or renting. Located in a vibrant Lakewood neighborhood, you'll have easy access to shopping, dining, and public transportation. The backyard provides the perfect space to relax, entertain, and enjoy summer gatherings. This property qualifies for up to $13,000 in lender credit via the Community Reinvestment Act, see Agent remarks for details. Schedule your showing today and take the first step toward financial freedom with 245-255 Otis!
Last checked:
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Last updated Feb 12, 2025
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MLS# 7991142 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1971
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New Construction:false
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Construction Materials:Wood/Frame
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Structure Type:Duplex
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# of Units Total:2
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Building Area Total:3576
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Total SqFt:3576
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Roof:Rubber
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Basement:Partially Finished
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Levels:Two
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Stories:2
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Above Grade Finished Area:2462
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Below Grade Finished Area:1114
Room Dimensions
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Living Area:3576
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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:-105.071342, 39.721066
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Latitude:39.721066
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Longitude:-105.071342
The Property
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Property Type:Residential Income
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Property Subtype:Income Property
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Lot Features:Cul-De-Sac
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Lot Size Acres:0.3
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Lot Size SqFt:13068
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Lot Size Area:13068
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Lot Size Units:Square Feet
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Exclusions:Tenant's personal property if any
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Horse:false
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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:3413
Beds
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Bedrooms Total:6
Baths
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Total Baths:6
The Listing
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Special Listing Conditions:Other Owner
Heating & Cooling
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Heating:Forced Air
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Heating:true
Utilities
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Gas:Separate Meter Gas
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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:Stein
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Middle Or Junior School:Alameda Int'l
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High School:Alameda Int'l
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High School District:Jefferson County R-1
The Community
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Subdivision Name:Lakewood Terrace
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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:Carport
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Garage Spaces:4
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Covered Spaces:4
Extra Units
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Bedrooms Unit 1:3
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Total Baths Unit 1:3
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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2/11/25
Feb 11, 2025
|
Listed / Active | IRES | $849,500 |
