Lakewood, CO 80215 11518 W 16th Avenue

$495,000

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Presented By: Coldwell Banker Realty-Boulder; 3034425001
  • MLS# IR1019304
  • 09/25/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 1,521

Home Details

This modern 3-bedroom, 4-bathroom townhome offers 1,500 sqft of living space and is currently rented at $2,990/month, making it an excellent addition to any investor's portfolio. The property includes durable flooring throughout, in-unit laundry, central air conditioning, and a fully equipped kitchen. Situated just blocks from the Light Rail Station and the redevelopment at Denver Federal Center, this townhome is perfectly positioned in the path of progress. With quick access to both 6th Ave and I-70, it's also minutes from Colorado Mills and Maple Grove Park/Reservoir. A builder warranty offers added peace of mind, and the high demand in this area ensures reliable rental income. Don't miss this rare chance to secure a lucrative, low-maintenance investment in a prime location.
Presented By: Coldwell Banker Realty-Boulder; 3034425001

Interior Features for 11518 W 16th Avenue

Bedrooms

Main Level Bedrooms

Other Interior Features

BasementCrawl Space
Basement (Y/N)No
Laundry FeaturesIn Unit

General for 11518 W 16th Avenue

AppliancesDishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Architectural StyleContemporary
Assoc Fee Paid PerMonthly
Association Fee IncludesMaintenance Structure, Snow Removal, Trash
Association NameRoutt Street Townhomes Condomi
Cap Rate6.39
CityLakewood
Construction MaterialsWood Frame
CoolingCentral Air
CountyJefferson
Elementary SchoolStober
Elementary School DistrictJefferson County R-1
Exterior FeaturesBalcony
HOA120
HeatingForced Air
High SchoolWheat Ridge
High School DistrictJefferson County R-1
Home Owner AssocYes
Interior FeaturesOpen Floorplan, Radon Mitigation System, Walk-In Closet(s)
LevelsThree Or More
Lot Size Square Feet1
Middle/Junior High SchoolEveritt
Net Operating Income31677.6
NumberOfUnitsTotal1
Occupancy TypeVacant
Operating Expense3126
Patio/Porch FeaturesDeck
Percent OwnershipAgent Owner
PossessionClosing/DOD
Property ConditionNew Construction
Property SubTypeSingle Family Residence
Property TypeResidential
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeHouse
Subdivision NameNew Rochelle
Tax Annual Amount2500
Tax Year2022
Tenant PaysElectricity, Gas
TermsCash, Conventional, FHA, VA Loan
UtilitiesElectricity Available, Natural Gas Available
Year Built2024
ZoningRES

Exterior for 11518 W 16th Avenue

Building Area Total1521
Lot Size Acres0
Water SourcePublic

Additional Details

Price History

Schools

High School Wheat Ridge High School
Middle School Everitt Middle School
Elementary School Stober Elementary School

Worth Clark

Price $495,000
MLS#IR1019304
List Date 09/25/2024
Property Type Single Family
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