Lakewood, CO 80214 989 Upham Court

989 Upham Court Lakewood, CO - Image 1989 Upham Court Lakewood, CO - Image 2989 Upham Court Lakewood, CO - Image 3
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Presented By: Compass - Denver; [email protected],720-934-6597
  • MLS# 9631315
  • 07/01/2024
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

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 Court

Bedrooms

Total Bedrooms9

Bathrooms

Total Baths5

Other Interior Features

Above Grade Finished Area3175
BasementCrawl Space, Exterior Entry, Finished, Partial, Sump Pump
Basement (Y/N)Yes
Below Grade Finished Area280
Common WallsNo One Above, No One Below
FlooringLaminate
Laundry FeaturesCommon Area, Main Level
Total Fireplaces

General for 989 Upham Court

AccessibilityAccessible Approach with Ramp
AppliancesDishwasher, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
Architectural StyleContemporary
Attached Garage No
Buyer Agent Compensation2.8
Buyer Agent Compensation Type%
Cap Rate5.59
Carport Spaces
CityLakewood
Construction MaterialsBrick
CoolingNone
CountyJefferson
DirectionsSee Google Maps
Electric110V, 220 Volts
Elementary SchoolMolholm
Elementary School DistrictJefferson County R-1
Entry LocationGround
ExclusionsTenant's personal property
Exterior FeaturesRain Gutters
Facing DirectionEast
Garage Spaces
Gross Income73890
HOA / Comm AssnNo
HeatingForced Air, Natural Gas
High SchoolLakewood
High School DistrictJefferson County R-1
Home Warranty Y/NNo
Interior FeaturesQuartz Counters, Smoke Free
LevelsOne
Listing Terms1031 Exchange, Cash, Conventional, FHA, VA Loan
Lot Size Square Feet14500
Lot Size UnitsSquare Feet
Middle/Junior High SchoolCreighton
Middle/Junior School DistrictJefferson County R-1
Occupancy TypeTenant
Operating Expense23532
OwnerPaysInsurance, Taxes, Trash Collection
Patio/Porch FeaturesPatio
Percent OwnershipIndividual
PossessionClosing/DOD
Property ConditionUpdated/Remodeled
Property SubTypeQuadplex
Property TypeResidential Income
RoofComposition
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameTwo Creeks
Tax Annual Amount6072
Tax Year2023
Tenant PaysCable TV, Electricity, Gas, Internet, Telephone, Water
UtilitiesCable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Year Built1956

Exterior for 989 Upham Court

Building Area Total3455
FencingNone
Foundation DetailsConcrete Perimeter
Lot FeaturesLevel
Lot Size Acres0.33
Lot Size Area14500
Parking FeaturesAsphalt
Road ResponsibilityPublic Maintained Road
Total Parking8
Water SourcePublic

Additional Details

Price History

Schools

Middle School Creighton Middle School
High School Lakewood High School
Elementary School Molholm Elementary School

Worth Clark

Price $900,000
MLS#9631315
List Date 07/01/2024
Property Type Multi-Family
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