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5645 W 5th Avenue 5645 & 5655, Lakewood, CO 80226

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For Sale

$750,000

4 beds1,682 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $445.90
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

"CALLING OUT" TO ALL LANDLORDS & INVESTORS. Amazing opportunity to own BOTH SIDES of a "VERY RENTABLE LAKEWOOD DUPLEX" which has been a hugely successful income stream for the past two decades. 5655 W 5th AVE is currently empty & staged for viewings 5645 is currently rented on a month to month lease & the current renters would like to stay if the buyers is willing to create a new lease & keep them on. They have been excellent tenants for the past 3 years & have been maintaining the yard to the highest of standards. Each side of the duplex (which are mirror images of each other) feature an open floor plan; the kitchen, through to the dining area, to the living room at the front, South facing so floods the home w/natural sun light. 2 nice sized bedrooms and a full bath complete the main level. Freshly painted with all appliances included. Both sides are in excellent condition & have been meticulously cared for over the years by the current owners. Each unit boasts their own A/C systems & sump pumps. In 5645 the owners have added 2 additional non-conforming, but very usable bedrooms, to the partially finished basement. Each bsmnt offers up over 800 sqft a piece w/tons of potential for further build out & increased income stream. Currently they house laundry, a huge amount of flex space. In the past few years single sides of these Lakewood duplexes (their are many of them in the area) have sold for over $500 K so the asking price for BOTH sides @ $750K is arguably a screaming deal. Live in one rent out the other or start your rental portfolio off with a bang. Easy access to the mountains & Downtown Denver via Sheridan and 6th Ave Parkway. Parking is Plentiful w/each unit's attached one car garage.+ two additional driveway spaces & parking for two more vehicles in the "street bays" directly in front of the units. NOTE:5th AVE is nicely buffered by the office retail buildings & open space to the North. HURRY! Opportunity knocks.......experience & vision opens the door!
MLS# 8533075

Courtesy Of Compass

(303) 536-1786

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Garden
  • Appliances
    Cooktop, Dishwasher, Dryer, Garbage Disposer, Range, Refrigerator, Washer
  • Architecture Style
    Modern
  • Exterior Type
    Brick
  • Floor Covering
    Carpet, Vinyl
  • Heating System
    Forced Air
  • Lot Size
    0.27 Acres

Home seller CENTURY 21 Signature Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Signature Realty

(720) 495-4846
Learn More About Us

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