Lakewood, CO 80226 558 Gray Court
$930,000
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 Court
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths6
Other Interior Features
Above Grade Finished Area2063
BasementFinished
Basement (Y/N)Yes
Below Grade Finished Area1469
Common Walls1 Common Wall
FlooringCarpet, Tile
Laundry FeaturesIn Basement
Other Rooms
Entry Level1
General for 558 Gray Court
AppliancesDishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range Hood, Refrigerator
Attached Garage Yes
Buyer Agent Compensation2.8
Buyer Agent Compensation Type%
Cap Rate5.16
Carport Spaces
CityLakewood
Construction MaterialsBrick, Frame
ContingencyKickout - Contingent on home sale
CoolingCentral Air
CountyJefferson
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.
Electric110V
Elementary SchoolDeane
Elementary School DistrictJefferson County R-1
Entry LocationExterior Access
ExclusionsTenants personal property, Sellers tools/materials still on site.
Exterior FeaturesBalcony, Private Yard, Rain Gutters
Facing DirectionSouth
Garage Spaces3
Gross Income25800
HOA / Comm AssnNo
HeatingForced Air
High SchoolAlameda Int'l
High School DistrictJefferson County R-1
Home Warranty Y/NNo
LevelsTwo
Listing Terms1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan
Lot Size Square Feet11979
Lot Size UnitsSquare Feet
Middle/Junior High SchoolAlameda Int'l
Middle/Junior School DistrictJefferson County R-1
Occupancy TypeTenant
Operating Expense2431
OwnerPaysExterior Maintenance, Grounds Care, Insurance, Taxes
Patio/Porch FeaturesCovered, Deck
Percent OwnershipIndividual
PossessionClose Plus 1 Day
Property ConditionUpdated/Remodeled
Property SubTypeDuplex
Property TypeResidential Income
RoofComposition
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive Under Contract
StatusPending
Structure TypeDuplex
Subdivision NameBirdsell
Tax Annual Amount3284
Tax Year2023
Tenant PaysCable TV, Electricity, Gas, Internet, Telephone, Trash Collection, Water
UtilitiesCable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
ViewCity
Year Built1962
ZoningRes
Exterior for 558 Gray Court
Building Area Total4021
FencingPartial
Foundation DetailsSlab
Lot FeaturesCul-De-Sac
Lot Size Acres0.28
Lot Size Area11979
Parking FeaturesAsphalt, Dry Walled, Exterior Access Door, Finished, Heated Garage, Lighted
Road ResponsibilityPublic Maintained Road
Total Parking3
Water SourcePublic
Additional Details
Price History
Schools
High School
Alameda Int'l High School
Middle School
Alameda Int'l Middle School
Elementary School
Deane Elementary School
