Lakewood, CO 80226 558 Gray Ct
$930,000
Pending
24 more
Presented By: Coutts & Company Realty; [email protected],720-341-8118
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 6
Baths • 6
SQFT • 4,021
Garage • 3
Home Details
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Great property offered at below market rates....Zillow value estimate $936,500....Buy this and have built in equity!!!
Discover a lucrative investment opportunity in Lakewood, CO with 558 Gray Court. This income-generating residential duplex in the desirable Birdsell subdivision offers two spacious units, each with 3 bedrooms and modern amenities. The property features a total of 3 garage spaces and sits on a cul-de-sac lot spanning 0.28 acres. Showcasing a profitable cap rate of 5.16%, 558 Gray Court presents a solid financial prospect with a proforma gross annual income of $54,000. Tenants enjoy separate utility metering and pay for most services directly, minimizing expenses for the owner. The property boasts a central location with a walk score of 32 and is conveniently close to bus stops. With a well-maintained interior including finished basements and updated appliances, this property is a turnkey investment opportunity. Don't miss out on owning this income-generating asset in Lakewood.
Presented By: Coutts & Company Realty; [email protected],720-341-8118
Interior Features for 558 Gray Ct
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths6
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area2063
Air Conditioning Y/NYes
BasementPartially Finished
Below Grade Finished Area1958
Fireplace Y/NNo
Heating Y/NYes
General for 558 Gray Ct
AppliancesDishwasher, Refrigerator, Microwave, Disposal
Attached Garage Yes
Cap Rate5.159999
CityLakewood
Construction MaterialsWood/Frame, Brick/Brick Veneer
CoolingCentral Air
CountyJefferson
Days on Market38
DirectionsFrom Sheridan & 6th ave, south on Sheridan to W 5th Ave, Right to Ames St. Left ont Gray Ct. Property is 2nd property in on cul de sac.
ElectricElectric, Separate Meter Electricity
Elementary SchoolDeane
ExclusionsTenants personal property, Sellers tools/materials still on site.
Exterior FeaturesBalcony
Facing DirectionSouth
Garage Spaces3
Garage Y/NYes
Gas Y/NSeparate Meter Gas
Gross Income25800
HeatingForced Air
High SchoolAlameda Int'l
High School DistrictJefferson County R-1
Home Owner AssocNo
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet11979
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolAlameda Int'l
Net Operating Income48000
New ConstructionNo
NumberOfUnitsTotal2
Operating Expense2431
Patio/Porch FeaturesPatio, Deck
Property ConditionNot New, Previously Owned
Property SubTypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusPending
StatusPending
Stories2
Structure TypeDuplex
Subdivision NameBirdsell
Tax Annual Amount3284
Tax Year2023
Tenant PaysGas, Electricity, Water, Trash Collection
UtilitiesElectricity Available, Cable Available
ViewCity
Waterfront Y/NNo
Year Built1962
ZoningRes
Exterior for 558 Gray Ct
Building Area Total4021
Covered Spaces3
FencingPartial
Foundation DetailsSlab
Horse Y/NNo
Lot FeaturesGutters, Cul-De-Sac
Lot Size Acres0.28
Lot Size Area11979
Other ParkingParking Per Unit(1.5 Spaces/Unit)
SpaNo
Water SourceCity Water
Additional Details
Price History
Schools
High School
Alameda Int'l High School
Middle School
Alameda Int'l Middle School
Elementary School
Deane Elementary School
