•   303-771-9400
  • 6020 Greenwood Plaza Blvd
    Greenwood Village, CO 80111 USA

120 Jay Street Lakewood, CO 80226
MLS# 3790218 | $1,325,000 | Under Contract

120 Jay Street Lakewood, CO 80226

Listing Details

  • MLS#: 3790218
  • MLS Originator: REcolorado (Denver)
  • Property Type: Incomes Property
  • Property Subtype: Income
  • Status: Under Contract
  • Price: $1,325,000

Property Details

  • Bedrooms: 21
  • Bathrooms: 7
  • Sqft: 6156
  • Acres: 0.32
  • Year Built: 1958
  • Vehicle spaces: 13
  • Parking Count: 1

8.2% cap rate! 7 unit apartment building in Lakewood, just 15 minutes away from Downtown Denver and a straight shot into the mountains going West on Highway 6. Consist of seven 3-bedroom apartments on a large, well-maintained lot. Plus a large laundry/mechanical room that includes 7 storage units for additional income. This space could also be a potential 8th unit! Great location: Just minutes away from the Light Rail - Denver West Line. Close to great retail stores such as Walmart, Home Depot and the shops at Belmar which include Whole Foods and the Lakewood City Commons. The Lakewood Reinvestment Authority is the major economic force in the Lakewood area and has encouraged a combination of gentrification and new construction which is occurring within this defined neighborhood.

Load & Tax Information

  • Previous Year Tax: $ 4,446

Heating, Ventilating & Air Conditioning

  • Air Conditioning-Room
  • Forced Air
  • Hot Water

Schools

  • School District: Jefferson County R-1
  • Elementary School: Stein
  • Middle School: Alameda Int'l
  • High School: Alameda Int'l

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