Overview

Did you ever think you’d find a full duplex (5811 & 5821) with a cap rate between 6%-7% for this price? Just 2 blocks from public transportation, 2 miles from Sloans Lake, and only a 10 minute drive to the Auraria campus and downtown, this easy commute is sure to draw a steady tenant pool and see increases in rental rates. All brick, with vintage touches like hardwood floors and arched doorways, both units have open floor plans and full-sized, partially finished basements. Property updates in last 5 years include: new sewer line, some window replacement, kitchen cabinets, countertop, and tile floor in 1 unit, 1 new deck, and some new appliances. Both units have separate garages and huge fenced yards.

Location

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Neighborhood

North Alameda

North Alameda (8)

Property Details

  • Days on PL 17
  • Parking 6 Spaces
  • Lot Size 16,117 SF (0 Acres)
  • PSF $219
  • MLS ID 6030847
  • Type Income
  • Style Side-by-Side
  • Architecture Traditional
  • Structure Type Ranch/1 Story
  • Seller Individual
  • Above Grade sqft 1,796 SF
  • Finished sqft 1,796 FSF
  • Total sqft 3,592 TSF
  • Hoa Fees None
  • Year Built 1964
  • Faces
  • Amenities 1031 Exchange, Air Conditioning-Individual, Cable Available, Carpet, Deck, Dog Run, Dryer, Fence, Income Potential, Near Public Transit, Refrigerator (Kitchen), Stove/Range/Oven, Tenant Occupied, Tile Floor, Vinyl/Linoleum, Washer, Wood Floors, Yard

Additional Details

  • City Lakewood
  • School Districts Jefferson R-1
  • Elementary School Stein
  • Junior High School O'Connell
  • High School Alameda Int'l
  • Zoned R-2
  • Taxes $2,289
  • County Jefferson
  • Heat Delivery Hot Water
  • Heat Fuel Gas
  • Cooling Air Conditioning-Individual
  • Water
  • Sewer
  • Fireplaces
  • Basement Type
  • Basement Finished % 0%
  • Year of Construction 1964

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