Lakewood, CO 80228 1072 S Arbutus Street

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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

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 Street

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths8

Other Interior Features

Above Grade Finished Area5720
Basement (Y/N)No
Common Walls2+ Common Walls
FlooringCarpet, Laminate
Laundry FeaturesIn Unit

General for 1072 S Arbutus Street

AppliancesConvection Oven, Dishwasher
Architectural StyleTraditional
Attached Garage No
Buyer Agent Compensation2
Buyer Agent Compensation Type%
Cap Rate6.49
Carport Spaces
CityLakewood
Construction MaterialsBrick, Frame
CoolingNone
CountyJefferson
Elementary SchoolFoothills
Elementary School DistrictJefferson County R-1
ExclusionsTenants personal property
Exterior FeaturesBalcony, Private Yard
Garage Spaces
Gross Income94008
HOA / Comm AssnNo
HeatingBaseboard
High SchoolGreen Mountain
High School DistrictJefferson County R-1
LevelsTwo
Listing Terms1031 Exchange, Cash, Conventional
Lot Size Square Feet11005
Lot Size UnitsSquare Feet
Middle/Junior High SchoolDunstan
Middle/Junior School DistrictJefferson County R-1
Occupancy TypeTenant
Operating Expense29373
OwnerPaysExterior Maintenance, Insurance, Taxes
Patio/Porch FeaturesDeck
Percent OwnershipIndividual
PossessionClosing/DOD
Property SubTypeQuadplex
Property TypeResidential Income
RoofRolled/Hot Mop
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameGreen Mountain
Tax Annual Amount6072
Tax Year2023
Tenant PaysElectricity, Gas, Internet, Trash Collection, Water
UtilitiesElectricity Connected, Natural Gas Connected
Year Built1969
ZoningRES

Exterior for 1072 S Arbutus Street

Building Area Total5720
FencingFull
Lot Size Acres0.25
Lot Size Area11005
Parking FeaturesConcrete
Road ResponsibilityPublic Maintained Road
Total Parking8
Water SourcePublic

Additional Details

Price History

Schools

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

Worth Clark

Price $1,425,000
MLS#2049520
List Date 06/18/2024
Property Type Multi-Family
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