1251 Brentwood Street
Lakewood, CO 80214 — Jefferson county
Price
$950,000
Sqft
2982.00 SqFt
Baths
3
Beds
5
Description
This Lakewood property is a prime opportunity for both house hackers and investors in a diverse, rapidly evolving neighborhood between the mountains and Denver. Currently a duplex with potential for conversion to a triplex, it's zoned for multifamily use (R3), promising increased cash flow. With 3,400 sq ft, it generates $6,000 cash flow, poised to rise post-conversion.
The location offers easy access to outdoor activities and urban amenities, including nearby Belmar. Timing is ideal as a triplex expansion will provide immediate occupancy for two units. Infrastructure for conversion is in place, with private entrances already designed. The property features sub-metering for utilities, ensuring fair management practices.
The lower unit features upgraded fireproofed ceilings and professional soundproofing, prioritizing tenant comfort and safety. The upper unit boasts attractive features like a spacious kitchen, jacuzzi tub, and screened-in porch. Private parking is available off the alley for this unit, while ample off-street parking is provided for others.
Each unit operates independently with its utilities and appliances, adhering to fair housing guidelines. Open houses will be conducted transparently, and the owner, also an investor, is committed to fair practices throughout the transition process.
Competitively priced in the Denver market, this property offers a unique opportunity for investors to achieve immediate returns and long-term growth. Garage space has been converted to its own stand alone space but is currently being bundled with the downstairs unit. Don't miss out on this opportunity! Each unit has tenants and so home can only 2 units can be shown.
Property Level and Sizes
SqFt Lot
0.00
Basement
Finished
Common Walls
1 Common Wall
Interior Details
Electric
Evaporative Cooling
Cooling
Evaporative Cooling
Heating
Forced Air
Exterior Details
Sewer
Public Sewer
Land Details
Garage & Parking
Parking Features
220 Volts
Exterior Construction
Roof
Composition
Construction Materials
Wood Siding
Builder Source
Public Records
Financial Details
Previous Year Tax
3815.00
Year Tax
2023
Primary HOA Fees
0.00
Location
Schools
Elementary School
Eiber
Middle School
Creighton
High School
Lakewood
Walk Score®
Contact me about this property
Vicki Mahan
RE/MAX Professionals
6020 Greenwood Plaza Boulevard
Greenwood Village, CO 80111, USA
6020 Greenwood Plaza Boulevard
Greenwood Village, CO 80111, USA
- (303) 641-4444 (Office Direct)
- (303) 641-4444 (Mobile)
- Invitation Code: vickimahan
- Vicki@VickiMahan.com
- https://VickiMahan.com