5645 W 5th Ave 5645 & 5655, Lakewood, CO 80226

• 5 beds |
• 2 baths |
• 1,682 sqft

Property Description

"CALLING OUT" TO ALL LANDLORDS & INVESTORS. Amazing opportunity to own BOTH SIDES of a "VERY RENTABLE LAKEWOOD DUPLEX" which has been a hugely successful income stream for the past two decades. 5655 W 5th AVE One address (TWO ADJOINING PROPERTIES OF EQUAL SIZE currently empty & staged for viewings 5645 is currently rented on a month to month lease & the current renters would like to stay & willing to sign a new lease. They have been excellent tenants for past 3 years & have been maintaining the yard to the highest standard. 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 $500 K so the asking price for BOTH sides @ $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 and 6th Ave Parkway. Parking is Plentiful w/each unit's attached one car garage.+ two additional driveway spaces & parking for two 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!

Listing Status:

Active

Listing Office:

Compass - Denver : paulbishop745@hotmail.com,303-536-1786

Listing Agent:

Paul Bishop : 303-536-1786

MLS ID:

8533075

Interior

• General: Open FloorplanPantry
• Appliances: DishwasherRefrigeratorWasherDryerDisposalFire Alarm
• Basement: FullUnfinishedSlabSump Pump
• A/C: Evaporative Cooling
• Heating: Forced Air

Exterior

• Style: Contemporary
• Other Structures: Patio
• Parking: Parking spaces: 6

Construction

• Roofing: Composition
• General: BrickOne

Location

• Originating MLS: ires
• School District: Jefferson Dist R-1
• County: Jefferson

Lot

• Zoning: R2
• Fencing: Fenced

Utilities

• Utilities: Natural Gas AvailableElectricity AvailableCable AvailableSeparate Meter ElectricitySeparate Meter Gas
• Water: City
• Sewer: Public Sewer

Financial

• Source: ires
• Exclusions: Staging items and renters personal possessions

This listing courtesy of Paul Bishop, Compass - Denver