Lakewood, CO 80228 1072 S Arbutus St

Pending
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Presented By: Altos Realty Advisors, Inc.; [email protected],720-392-5663
  • MLS# 2049520
  • 06/18/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 8
  • Baths • 8
  • SQFT • 5,720
  • Garage • 8

Home Details

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!
Presented By: Altos Realty Advisors, Inc.; [email protected],720-392-5663

Interior Features for 1072 S Arbutus St

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths8

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area5720
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes

General for 1072 S Arbutus St

AppliancesDishwasher
Attached Garage No
Cap Rate6.489999
CityLakewood
Construction MaterialsWood/Frame, Brick/Brick Veneer
CountyJefferson
Days on Market107
ElectricElectric, Separate Meter Electricity
Elementary SchoolFoothills
ExclusionsTenants personal property
Exterior FeaturesBalcony
Garage Spaces8
Garage Y/NYes
Gas Y/NMaster Meter-Gas
Gross Income94008
HeatingBaseboard
High SchoolGreen Mountain
High School DistrictJefferson County R-1
Home Owner AssocNo
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet11005
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolDunstan
Net Operating Income64635
New ConstructionNo
NumberOfUnitsTotal4
Operating Expense29373
Patio/Porch FeaturesDeck
Property ConditionNot New, Previously Owned
Property SubTypeIncome Property
Property TypeResidential Income
RoofFlat
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusPending
StatusPending
Stories2
Subdivision NameGreen Mountain
Tax Annual Amount6072
Tax Year2023
Tenant PaysGas, Electricity, Water, Trash Collection
UtilitiesElectricity Available
Waterfront Y/NNo
Year Built1969
ZoningRES

Exterior for 1072 S Arbutus St

Building Area Total5720
Covered Spaces8
FencingFenced
Horse Y/NNo
Lot Size Acres0.25
Lot Size Area11005
SpaNo
Water SourceCity Water

Additional Details

Price History

Schools

High School Green Mountain High School
Elementary School Foothills Elementary School
Middle School Dunstan Middle School

Worth Clark

Price $1,375,000
MLS#2049520
List Date 06/18/2024
Property Type Pending
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