Lakewood, CO 80215,1646 Routt ST
Lakewood, CO 80215,1646 Routt ST
Lakewood, CO 80215,1646 Routt ST
Lakewood, CO 80215,1646 Routt ST
Lakewood, CO 80215,1646 Routt ST
Lakewood, CO 80215,1646 Routt ST
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$1,725,000

$2,000,000

13.8%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 12/11/2023

Key Details

Sold Price $1,725,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 7390595

Sold Date 12/11/23

HOA Y/N No

Originating Board recolorado

Year Built 1961

Annual Tax Amount $9,688

Tax Year 2022

Property Description

Is pleased to present 1646 Routt St, an exciting opportunity comprised of (9) units in Lakewood CO. This opportunity is primed for an investor looking to benefit from predictable in-place returns as well as reap the reward of continuing to increase rents to market level. The property offers 8 spacious, 2-bedroom & 1-bathroom style apartment homes and one 1 bedroom, 1-bathroom unit. The properties benefit from their location in Lakewood, which is a highly sought-after submarket of Denver for owners and renters alike. The portfolio’s location affords tenants quick access to major employers, roadways and local transit. This property is perfectly positioned to capitalize on the limited supply and high rental demand in the Lakewood market. Investors will enjoy the advantage of minimal maintenance required for this meticulously cared for apartment. 1646 Routt offers investors the ability to own an asset in a predictable market with solid fundamentals.

Location

State CO

County Jefferson

Interior

Fireplace N

Exterior

Total Parking Spaces 18

Garage No

Building

Sewer Public Sewer

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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REColorado (REColorado MLS)
Listed by Cushman & Wakefield • Nic.Polaski@cushwake.com,719-238-9074
Bought with Capstone Apartment Partners, LLC
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