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Estes Park Team Realty

[email protected] +1(970) 586-3838

$ 749,990

Est. payment -/mo

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Active

5645 W 5th #5645 & 5655 Lakewood, CO 80226

5 Beds

2 Baths

3,364 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,364 sqft

Subdivision Lakewood

MLS Listing ID IRE8533075

Style Contemporary

Bedrooms 5

HOA Y/N No

Year Built 1965

Annual Tax Amount $3,357

Tax Year 2024

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Duplex

Source ires

Property Description

"CALLING OUT" TO ALL LANDLORDS & INVESTORS. Amazing opportunity to own BOTH SIDES of a "VERY RENTABLE LAKEWOOD DUPLEX" which has been a hugely successful income stream for the past two decades. 5655 W 5th AVE One address (TWO ADJOINING PROPERTIES OF EQUAL SIZE currently empty & staged for viewings 5645 is currently rented on a month to month lease & the current renters would like to stay & willing to sign a new lease. They have been excellent tenants for past 3 years & have been maintaining the yard to the highest standard. Each side of the duplex (which are mirror images of each other) feature an open floor plan; open kitchen & dining area, to the living room at the front, South facing so sunlight floods the home. 2 nice sized bedrooms & a full bath complete the main level. Freshly painted with all appliances included. Both sides are in excellent condition & have been meticulously cared for over the past 30 years by the current owners. Each unit boasts their own A/C systems & sump pumps. In 5645 the owners have added 2 additional non-conforming, but very usable bedrooms, to the partially finished basement. Each bsmnt offers up over 800 sqft a piece w/tons of potential for further build out & increased income stream. Currently they house laundry, a huge amount of flex space. In the past few years single sides of these Lakewood duplexes (their are many of them in the area) have sold for over $500 K so the asking price for BOTH sides @ $750K is arguably a screaming deal. Live in one rent out the other or start your rental portfolio off with a bang. Easy access to the mountains & Downtown Denver via Sheridan and 6th Ave Parkway. Parking is Plentiful w/each unit's attached one car garage.+ two additional driveway spaces & parking for two more vehicles in the "street bays" directly in front of the units. NOTE:5th AVE is nicely buffered by the office retail buildings & open space to the North. HURRY PRICE REDUCED Opportunity knocks ....experience & vision opens the door!

Location

State CO

County Jefferson

Community Lakewood

Area Metro Denver

Zoning R2

Direction 6th AVE to Sheridan EXIT SOUTH, one block to 5TH AVE, WEST to DUPLEX

Rooms

Basement Full, Unfinished, Slab, Sump Pump

Interior

Interior Features Open Floorplan, Pantry

Heating Forced Air

Cooling Evaporative Cooling

Appliance Dishwasher, Refrigerator, Washer, Dryer, Disposal, Fire Alarm

Exterior

Garage Spaces 2.0

Fence Fenced

Utilities Available Natural Gas Available, Electricity Available, Cable Available, Separate Meter Electricity, Separate Meter Gas

View Y/N No

Roof Type Composition

Porch Patio

Garage Yes

Building

Lot Description House Faces South, Gutters

Sewer Public Sewer

Water City

Architectural Style Contemporary

Level or Stories One

Structure Type Brick

New Construction false

Schools

Elementary Schools Deane

Middle Schools Alameda Int'L

High Schools Jefferson Dist R-1

School District Jefferson Dist R-1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Paul Bishop

Estes Park Team Realty

Broker/Owner | License ID: ER-1322538

+1(970) 586-3838

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Colorado

Estes Park Team Realty

5645 W 5th #5645 & 5655 Lakewood, CO 80226

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5645 W 5th #5645 & 5655