Lakewood, CO 80226,261 S Lamar ST
Lakewood, CO 80226,261 S Lamar ST
Lakewood, CO 80226,261 S Lamar ST
Lakewood, CO 80226,261 S Lamar ST
Lakewood, CO 80226,261 S Lamar ST
Lakewood, CO 80226,261 S Lamar ST
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$1,700,000

$1,950,000

12.8%
Est.Price: ?

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Est. payment /mo

0.72 Acres Lot


SOLD DATE : 07/20/2022

Key Details

Sold Price $1,700,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 8191088

Sold Date 07/20/22

Style Traditional

HOA Y/N No

Originating Board recolorado

Year Built 1960

Annual Tax Amount $9,793

Tax Year 2020

Lot Size 0.720 Acres

Acres 0.72

Property Description

New Price !! 5.97% Cap!

Turn-Key Asset in Desirable Location with a mix of Spacious 1 & 2 bedroom units. Well-Maintained Building in Excellent Condition with Newer Roof (2018). Property has benefited from high occupancy and low turnover under current ownership.

Several of the units have been updated allowing for new ownership to make additional improvements to remaining units while increasing rents.

• Turnkey Property with Spacious 2 Bedroom Units and Ample Off Street Parking • Several units recently updated with several more ready to be improved

• Conveniently located between Sheridan and Wadsworth Blvd., near many retail Amenities • Lakewood Initiative limits the number of new units that can be built per year creating more demand on existing units • Updated Investment Property; Low Maintenance Property in Excellent Condition

• Located less than 1 mile from Belmar Crossing with many National retailers including Whole Foods, Dicks Sporting Goods and Best Buy!

Location

State CO

County Jefferson

Interior

Fireplace N

Exterior

Garage Asphalt

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected

Roof Type Cement Shake, Membrane, Metal

Parking Type Asphalt

Total Parking Spaces 16

Garage No

Building

Lot Description Sprinklers In Front

Story 2

Sewer Public Sewer

Water Public

Structure Type Block, Brick, Concrete

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by CW Real Estate Partners
Bought with CW Real Estate Partners
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Making real estate fun, simple and stress-free!

+1(303) 601-9509

tim@timandpatty.com

8300 E Maplewood Ave, 100

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