Active

1072 S Arbutus Street

Lakewood CO, 80228

$1,375,000


$240.38 per sqft

Active

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

August 23, 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

8/16/2024

Price change

$1,375,000

-4%
Listed by Altos Realty Advisors, Inc., Christopher Kooij, Listing Contact: [email protected],720-392-5663 
 

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