120 Jay Street

    Lakewood, CO 80226
    • $1,300,000
    • STATUS: Closed
    • ON SITE: 348 days
    • ID#: 3790218
    Sold - 10/22/2019
    $1,300,000
    SOLD - 10/22/2019
    • 21
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,156
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Keller Williams Realty Downtown Llc.

    Description

    8.2% cap rate! 7 unit apartment building in Lakewood, just 15 minutes away from Downtown Denver and a straight shot into the mountains going West on Highway 6. Consist of seven 3-bedroom apartments on a large, well-maintained lot. Plus a large laundry/mechanical room that includes 7 storage units for additional income. This space could also be a potential 8th unit! Great location: Just minutes away from the Light Rail - Denver West Line. Close to great retail stores such as Walmart, Home Depot and the shops at Belmar which include Whole Foods and the Lakewood City Commons. The Lakewood Reinvestment Authority is the major economic force in the Lakewood area and has encouraged a combination of gentrification and new construction which is occurring within this defined neighborhood.

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    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Compass Colorado Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2020 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.compasscolorado.com/homes/91676449

    120 Jay Street Lakewood, CO 80226

    • Price: $1,325,000
    • Status: Closed
    • Updated: 129 min ago
    • ID#: 3790218
    21
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    6,156
    SQFT
    $0
    $/SQFT
    1958
    Built
    Neighborhood:
    North Alameda
    County:
    Jefferson
    Area:
    Lakewood
    Elementary School:
    Stein
    Middle School:
    Alameda Int'l
    High School:
    Alameda Int'l
    School District:
    Jefferson County R-1
    Property Description
    8.2% cap rate! 7 unit apartment building in Lakewood, just 15 minutes away from Downtown Denver and a straight shot into the mountains going West on Highway 6. Consist of seven 3-bedroom apartments on a large, well-maintained lot. Plus a large laundry/mechanical room that includes 7 storage units for additional income. This space could also be a potential 8th unit! Great location: Just minutes away from the Light Rail - Denver West Line. Close to great retail stores such as Walmart, Home Depot and the shops at Belmar which include Whole Foods and the Lakewood City Commons. The Lakewood Reinvestment Authority is the major economic force in the Lakewood area and has encouraged a combination of gentrification and new construction which is occurring within this defined neighborhood.
    Exterior Features

    Covered Spaces 0 Garage YN No Lot Size Square Feet 14000 Parking Off-Street (13 Spaces) Parking Features Offstreet Parking Total 13 Roof Composition

    Interior Features

    Appliances DryerWasher Basement FullFinishedWalkoutaccess Below Grade Finished Area 3078 Cooling Forcedair Entry Location Garden Heating ForcedairHotwater Heating YN Yes Laundry Features CommonareaInbasement Levels One

    Property Features

    Above Grade Finished Area 3078 Association Amenities Coinlaundry Association YN No Building Area Source Appraiser Building Area Total 6156 Buyer Financing Conventional Construction Materials Brick Contingency None Known Exclusions Tenant Personal Property Listing Terms CashConventionalItem1031exchangePrivatefinancingavailable Ownership Individual Property Sub Type Multifamily Special Listing Conditions None Tax Annual Amount 4446 Tax Year 2017 Zoning Mrs / Apartment Low Rise

    Listing courtesy of Keller Williams Realty Downtown Llc: MLS #3790218


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Compass Colorado Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2020 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    Compass Colorado Realty
    1777 S Harrison St Suite Sky Deck
    Denver CO, 80210
    Offered by Keller Williams Realty Downtown Llc.