$930,000
Accepting Backup Offers

558 Gray Court

Lakewood, CO 80226
4021 sqft | 6 beds | 0.28 acres | #2666149
Listing OfficeCoutts & Company Realty
Browse 29 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

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Great property offered at below market rates....Zillow value estimate $936,500....Buy this and have built in equity!!!
Discover a lucrative investment opportunity in Lakewood, CO with 558 Gray Court. This income-generating residential duplex in the desirable Birdsell subdivision offers two spacious units, each with 3 bedrooms and modern amenities. The property features a total of 3 garage spaces and sits on a cul-de-sac lot spanning 0.28 acres. Showcasing a profitable cap rate of 5.16%, 558 Gray Court presents a solid financial prospect with a proforma gross annual income of $54,000. Tenants enjoy separate utility metering and pay for most services directly, minimizing expenses for the owner. The property boasts a central location with a walk score of 32 and is conveniently close to bus stops. With a well-maintained interior including finished basements and updated appliances, this property is a turnkey investment opportunity. Don't miss out on owning this income-generating asset in Lakewood.

  • Interior Details
      • Bedrooms6
  • Property Details
      • Exterior MaterialsBalcony, Private Yard, Rain Gutters
      • Lot DescriptionCul-De-Sac
      • ViewCity
    • Measurements
      • Acres0.28
      • Square Feet4021
    • Parking
      • Parking Spaces3
  • Construction Details
      • Property TypeMulti-Family
      • BasementFinished
    • Condition
      • Year Built1962
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionBirdsell
    • Location
      • School DistrictJefferson County R-1
      • Middle SchoolAlameda Int'l
      • High SchoolAlameda Int'l
      • CountyJefferson
      • Elementary SchoolDeane
  • Financial Details
      • Original List Price$930,000
      • Taxes Annual$3,284
  • Other
      • MLS #2666149

Location

Mark R Steinbach | Peace of the RockiesReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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