Lakewood, CO 80214 989 Upham Ct
$900,000
23 more
Presented By: Compass - Denver; [email protected],720-934-6597
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 9
Baths • 5
SQFT • 3,455
Garage • 8
Home Details
Fully updated and professionally managed turn-key brick 4-plex just 3 blocks from the light rail. Easy access to Belmar, CCU, Red Rocks Community College, and 6th Ave. Actual as-is cap rate of 5.59% and could go up to 6.38% cap rate with self-management. One vacant unit as of July 1st provides an opportunity for an owner/manager to live on-site if desired. Shared laundry area for all 4 units and 8 off-street parking spaces. Awesome opportunity to get into a 4-unit property and get residential financing vs commercial financing for 5+ unit properties.
Presented By: Compass - Denver; [email protected],720-934-6597
Interior Features for 989 Upham Ct
Bedrooms
Total Bedrooms9
Bathrooms
Total Baths5
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area3175
Air Conditioning Y/NNo
BasementPartial, 90%+ Finished Basement, Crawl Space, Walk-Out Access, Sump Pump
Below Grade Finished Area280
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area
General for 989 Upham Ct
AccessibilityAccessible Approach with Ramp, Level Lot
AppliancesDishwasher, Refrigerator, Washer, Dryer, Microwave
Architectural StyleContemporary/Modern, Ranch
Attached Garage No
Buyer Agent Compensation2.80
Buyer Agent Compensation Type%
Cap Rate5.59
CityLakewood
Construction MaterialsBrick/Brick Veneer, Concrete
CountyJefferson
Days on Market2
DirectionsSee Google Maps
ElectricElectric, Separate Meter Electricity
Elementary SchoolMolholm
ExclusionsTenant's personal property
Facing DirectionEast
Garage Spaces8
Garage Y/NYes
Gas Y/NNatural Gas, Separate Meter Gas
Gross Income73890
HOA / Comm AssnNo
HeatingForced Air
High SchoolLakewood
High School DistrictJefferson County R-1
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet14500
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolCreighton
Net Operating Income50358
New ConstructionNo
NumberOfUnitsTotal4
Operating Expense23532
Patio/Porch FeaturesPatio
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubTypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameTwo Creeks
Tax Annual Amount6072
Tax Year2023
Tenant PaysGas, Electricity, Water
UtilitiesNatural Gas Available, Electricity Available, Cable Available
Waterfront Y/NNo
Year Built1956
Exterior for 989 Upham Ct
Building Area Total3455
Covered Spaces8
Horse Y/NNo
Lot FeaturesGutters, Level
Lot Size Acres0.33
Lot Size Area14500
SpaNo
Water SourceCity Water
Additional Details
Price History
Schools
High School
Lakewood High School
Middle School
Creighton Middle School
Elementary School
Molholm Elementary School
