1657 Fenton Street

    Lakewood, CO 80214
    • $1,099,000
    • STATUS: Active
    • ON SITE: 98 days
    • ID#: 7021949
    Price Reduced
    UPDATED: 25 min ago
    $1,099,000
    • 12
      BEDS
    • 0.29
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 4,282
      SQFT
    • $257
      $/SQFT
    Type:
    Multi-Family
    Built:
    1958
    County:
    Area:

    School Ratings & Info

    School District:
    Offered by Sterling Real Estate Group Inc.

    Description

    This property has serious potential! 6 x 2 bed 1 bath units all side by side backing to Walker Branch Park on the edge of Lakewood. All units are around 700sq-ft with hardwood floors and individual metering of gas and electric. Just 2 lots to the North there are new 4 story town homes, 5 streets to the east is Sloans Lake in Denver, and just a couple blocks north is the Edgewater area that has been redeveloped and you have shopping/dining/etc all within walking distance. 1 unit remodel complete on 10/1/2019 new photos added 10/1/2019.The rents in the area are higher than current rent being charged here, room to increase income. It is zoned M-R-U (city of Lakewood website) which allows for 60' structures and would give the owners mountain views over a park to the west without the possibility of future development blocking that view. The aerial panorama photos to the east and west are from 60' and show the actual view from the roof of such a future building.

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    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Healey Group - KW Preferred Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.healeygroup.com/homes/96887258

    1657 Fenton Street Lakewood, CO 80214

    • Price: $1,099,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 7021949
    12
    Beds
    6
    Baths
    0
    ½ Baths
    0.29
    Acres
    4,282
    SQFT
    $257
    $/SQFT
    1958
    Built
    Neighborhood:
    Westlake Heights / Sloan's Lake / Edgewater
    County:
    Jefferson
    Area:
    Lakewood
    School District:
    Jefferson County R-1
    Property Description
    This property has serious potential! 6 x 2 bed 1 bath units all side by side backing to Walker Branch Park on the edge of Lakewood. All units are around 700sq-ft with hardwood floors and individual metering of gas and electric. Just 2 lots to the North there are new 4 story town homes, 5 streets to the east is Sloans Lake in Denver, and just a couple blocks north is the Edgewater area that has been redeveloped and you have shopping/dining/etc all within walking distance. 1 unit remodel complete on 10/1/2019 new photos added 10/1/2019.The rents in the area are higher than current rent being charged here, room to increase income. It is zoned M-R-U (city of Lakewood website) which allows for 60' structures and would give the owners mountain views over a park to the west without the possibility of future development blocking that view. The aerial panorama photos to the east and west are from 60' and show the actual view from the roof of such a future building.
    Exterior Features

    Construction Materials Brick Construction Methods Brick Parking Off-Street (10 Spaces) Parking Features Driveway-Asphalt Parking Total Searchable 10 Road Surface Paved Road Roof Composition Shingles Site Features Adjacent To Park Storage Units Number Of 6 Structural Style Ranch/1 Story Style Characteristics Side-By-Side Unit Access CourtyardExterior AccessGarden Level View Mountain View

    Interior Features

    Basement Floor Type Crawl Space Basement Size None Cooling None Flooring LaminateWood Heating Forced Air Heating Fuel ElectricGas Kitchen Appliances Refrigerator (Kitchen)Stove/Range/Oven Laundry Availability Shared Laundry in Building Laundry Location Ground Sq Ft Above 4282 Sq Ft Finished 4280

    Property Features

    Additional Information 1031 Exchange Annual Expense Actual 16993 Annual Expense Proj 17000 Annual Income Actual 60731 Annual Income Proj 78000 Annual Net Income Actual 43738 Annual Net Income Proj 61000 Building Area Source County Records Building Type 5+ Plex (All Units) Has Hoa YN No Is Incorporated YN Yes Listing Financing CashConventional Number Of Units Furnished 0 Number Of Units Vacant 0 Potential Rental Income Annual 79200 Real Estate Taxes 4024 Seller Type Corporation/Trust Status Conditions None Known Tax Amount 4025.00 Tax Year 2018 Transaction Type For Sale Unit Count 1 Zoning M-R-U

    Listing courtesy of Sterling Real Estate Group Inc: MLS #7021949


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Healey Group - KW Preferred Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    The Healey Group - KW Preferred Realty
    11859 Pecos Street Suite 200
    Denver CO, 80234
    Offered by Sterling Real Estate Group Inc.