10623-10709 West 8th Avenue Lakewood, CO 80215

$3,125,000
10623-10709 West 8th Avenue, Lakewood, CO 80215
2263042

Multi-Family Home for sale in Lakewood, CO

for $3,125,000 with 24 bedrooms. This 13,898 square foot home was built in 1961 on a lot size of 1.25 Acre(s).

Property Information

  • $3,125,000
  • 24 Bedrooms
  • Multi-Family
  • 13,898 Square Feet
  • Taxes are $14,084
  • Low-Rise
  • Active
  • Lot size of 1.25 Acre(s)
  • Built in 1961
  • Lakewood, CO
  • Eiber Neighborhood
  • Jefferson County
  • MLS/Web ID is 2263042

Description

3 separately deeded 8-unit buildings on a massive 1.25 acre lot. 24 1Br/1Ba units, 21 of which have been updated. Only $130, 208/unit with rental upside - getting proforma rents on newest leases! Short walk to the Oak Street Light Rail Station, 24 off-street parking spaces, and updated electrical. Excellent long term cash flow with below market rents and future development opportunity.

Interior 4

Appliances

  • Range/Oven
  • Refrigerator

Flooring

  • Carpet(s)

Heating Source

  • Gas

Heating System

  • Hot Water

Exterior 4

Construction

  • Brick
  • Frame

Fence

  • Back Yard

Garage

  • Carport(s)

Parking

  • 1 Car Parking

† Excluded Feature

Neighborhood & Schools

School District: Jefferson County R-1
Middle School: Creighton
High School: Lakewood

 See complete school information

Listed By

Broker: PINNACLE REAL ESTATE ADVISORS

10623-10709 West 8th Avenue, Lakewood, CO, 80215 is a Multi-Family Home for sale at $3,125,000 with 13,898 sqft and a lot size of 1.25 Acre(s). 10623-10709 West 8th Avenue has 24 bedroomsThe property's zip code is 80215 which is in Lakewood, CO

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363

Pricing History

Date Price Price Change Description
6/26/2018 $3,125,000 -2.34 % Price Change
3/14/2018 $3,200,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Lakewood $549,826 82 % below $475,000 85 % below
Multi-family listings in Lakewood $941,556 70 % below $575,000 82 % below

Get the facts about Lakewood, CO!

Population 149,776
Population Growth (since 2000) 4 %
Median Income $57,843
Median Age 39.79
Households w/ Children 23 %

Residential Dwellings

  • Owned 39168
  • Vacant 3607
  • Rented 25772

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363