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Sarah Thomsen

sarah@modusrealestate.com +1(719) 304-4667

$ 745,000

Est. payment | -/mo

6 Beds

2 Baths

3,364 SqFt

Save

$ 745,000

Est. payment | -/mo

Save

6 Beds

2 Baths

3,364 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,364 sqft

Price per Sqft $221

Subdivision Lakewood

MLS Listing ID 8533075

Style Mid-Century Modern

Bedrooms 6

HOA Y/N No

Abv Grd Liv Area 1,682

Year Built 1965

Annual Tax Amount $3,357

Tax Year 2024

Lot Size 0.272 Acres

Acres 0.27

Property Sub-Type Duplex

Source recolorado

Property Description

New price! "CALLING OUT" TO ALL LANDLORDS & INVESTORS. PRICE REDUCED to encourage an offer and a speedy closing. Sellers are motivated and eager to move on.... but not interested in a low ball offer. They have rejected multiple contracts in the past year that were not realistic. Amazing opportunity to own BOTH SIDES of a "VERY RENTABLE LAKEWOOD DUPLEX" which has been a hugely successful income stream for the past 2 decades. 5655 W 5th AVE One address (TWO ADJOINING PROPERTIES OF EQUAL SIZE currently empty & staged for viewing Each side of the duplex (which are mirror images of each other) feature an open floor plan; open kitchen & dining area, to the living room at the front, South facing so sunlight floods the home. 2 nice sized bedrooms & a full bath complete the main level. Freshly painted with all appliances included. Both sides are in excellent condition & have been meticulously cared for over the past 30 years by the current owners. Each unit boasts their own A/C systems & sump pumps. In 5645 the owners have added 2 additional non-conforming, but very usable bedrooms, to the partially finished basement. Each bsmnt offers up over 800 sqft a piece w/tons of potential for further build out & increased income stream. Currently they house laundry, a huge amount of flex space. In the past few years single sides of these Lakewood duplexes (their are many of them in the area) have sold for over $500K so the asking price for BOTH sides under $750K is arguably a screaming deal. Live in one rent out the other or start your rental portfolio off with a bang. Easy access to the mountains & Downtown Denver via Sheridan & 6th Ave Parkway. Parking is Plentiful w/each unit's attached one car garage.+ two additional driveway spaces & parking for 2 more vehicles in the "street bays" directly in front of the units. NOTE:5th AVE is nicely buffered by the office retail buildings & open space to the North. HURRY PRICE REDUCED Opportunity knocks ...experience & vision opens the door!

Location

State CO

County Jefferson

Zoning R2

Rooms

Basement Bath/Stubbed, Full, Sump Pump, Unfinished

Interior

Interior Features Open Floorplan, Pantry, Smoke Free

Heating Forced Air, Natural Gas

Cooling Evaporative Cooling

Flooring Carpet, Vinyl

Fireplace N

Appliance Cooktop, Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Sump Pump, Washer

Laundry In Basement, In Unit, Multiple Locations

Exterior

Exterior Feature Garden, Private Yard, Rain Gutters

Garage Spaces 2.0

Fence Full

Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available

Roof Type Composition

Total Parking Spaces 6

Garage Yes

Building

Lot Description Near Public Transit

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Deane

Middle Schools Alameda Int'L

High Schools Alameda Int'L

School District Jefferson County R-1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by Compass - Denver

NEARBY LOCATIONS

Sarah Thomsen

Agent | License ID: FA.100088335

+1(719) 304-4667 | sarah@modusrealestate.com

5645 W 5th AVE #5645 & 5655 Lakewood, CO 80226

Sarah Thomsen

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY LOCATIONS

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5645 W 5th AVE #5645 & 5655