Sold
Closed
1072 S Arbutus Street
Lakewood CO, 80228
$1,275,000
$222.90 per sqft
Sold
Closed
8 Beds
8 Baths
5,720 sqft
Multi-family
Built in 1969
Discover a hidden gem nestled in the coveted Green Mountain neighborhood of Lakewood--an outstanding 4-unit multifamily building that promises significant value-add potential. Perfectly positioned in a vibrant and sought-after area, this property is ideal for the savvy investor looking to capitalize on a high-performing asset.
Situated in the heart of Green Mountain, this property enjoys proximity to parks, trails, shopping, dining, and excellent schools, making it highly desirable for tenants. Each of the four units boasts a generous floor plan, averaging around 1430 square feet, providing ample living space and comfort for residents. Every unit comes with its own garage, adding convenience and value for tenants. The upper units feature large decks perfect for relaxing and entertaining, while the lower units offer private, fenced backyards ideal for families and pet owners.
This multifamily building represents a unique opportunity to acquire a well-maintained property in a high-demand location with excellent upside potential. Don't miss your chance to invest in a property that combines strong current returns with the ability to significantly enhance profitability. Seize this opportunity to grow your portfolio in one of Lakewood's finest neighborhoods. Contact us today to schedule a viewing and explore the possibilities this property has to offer!
2049520
MLSⓇ ID
June 18, 2024
Listed
November 25, 2024
Updated
Map
1072 S Arbutus Street
Lakewood CO, 80228
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
8
Appliances
Convection Oven, Dishwasher
Laundry Description
In Unit
Floor Description
Carpet, Laminate
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.25 Acres
Exterior Features
Balcony, Private Yard
Architectual Style
Traditional
Roof
Rolled/Hot Mop
Sewer
Public Sewer
School Information
School District
Jefferson County R-1
High School
Green Mountain
Elementary School
Foothills
Other Property Details
Taxes
$6,072
Tax Frequency
Annually
Garage
No
Parking
Concrete
Parking Total
8
View
No
County
Jefferson
Water Source
Public
Pool
No
Zoning
RES
Listing History
Date | Event | Price |
|---|---|---|
11/15/2024 | Sold | $1,275,000 |
10/2/2024 | Under contract | — |
8/16/2024 | Price change | $1,375,000 -4% |
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Data last updated 7:19 PM UTC, 11/25/2024
