120 Jay Street Lakewood, CO $ 1,850,000
120 Jay Street
$ 1,850,000
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120 Jay Street

Lakewood, CO, 80226
$ 1,850,000
Baths0.0 Sq 6,156

Monthly Estimate*

$ 12,923

Listed by LISTINGS.COM
120 Jay Street, Lakewood, CO 80226 - Image 1
Studio

Commercial Property for sale in Lakewood, CO

for $1,850,000. This 6,156 square foot building was built in 1958 on a lot size of 0.32.

Brand new roof and brand new sewer line. Wow! 7 unit apartment building in great location, only minutes away from downtown Denver and a easy commute to the mountains going west on 6th Ave. This building has 7 total apartments plus a large laundry and storage room that can be used for additional income. You could likely convert this to an 8th unit for even more income. Great location: Just minutes away from the RTD Light Rail. Close to the big retail stores such as Walmart, Home Depot and the shops at Belmar which include Whole Foods and the Lakewood City Commons. 4x3 bedroom units and 3x2 bedroom units.

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Commercial Active

Price

$ 1,850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,454

Style

Traditional

Lot Size

0.32

Year Built

1958

Town/City

Lakewood

County/Region

Jefferson

MLS | Web ID

1719205

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Sewer Connected
Possession Immediate
Roof Other
Garage Spaces 0
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s)
Construction Materials Brick Frame
Year Built 1958
Electric 110V 220 Volts
Tenant Pays Cable TV Electricity Internet
Stories 2
Property SubType Multi-Family
Tax Year 2023
Current Use Multi-Family Residential
Gross Income 128940
County Jefferson
Operating Expense 30241
Property Type Commercial Sale
Attached Garage N
Building Features Coin Laundry Storage
Status Active
Directions corner of 1st and Jay St. one lot north on the east side
City Lakewood
Buyer Agent Compensation 2.0
Total Units 7
Lot Size Square Feet 14000
Carport Spaces 0
Street Name Jay
Listing Terms Cash Conventional
Tax Annual Amount 9454
Leasable Area 5600
Structure Type Low Rise (1-3)
Standard Status Active
Occupancy Description Tenant (Multiple)
Cap Rate 5.5
Buyer Agent Compensation Type %
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Exterior
Parking Features Driveway-Dirt
Lot Features Sprinklers In Front Sprinklers In Rear
Water Source Public
Total Parking 16
Lot Size Area 14000
Building Area Total 6156
Lot Size Acres 0.32
Road Surface Type Paved
Lot Size Units Square Feet
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Interior
Street Suffix Street
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Internal Only
Street Number 1 120
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* Excluded Features
List By
Listings.Com

Broker

(720) 500-6473

Phone

Affordability Calculator

$13,711
Per Month
94%
6%
0%
Monthly Principal & Interest
$12,923
Monthly Property Taxes
$788
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2024$1,850,000 Listed Price

Map


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120 Jay Street, Lakewood, CO, 80226 is a Commercial Property for sale at $1,850,000 with 6,156 sqft and a lot size of 0.32. 120 Jay Street is a studio with 0.0 baths and was built in 1958. The property's zip code is 80226 which is in Lakewood, CO