1950 Independence ST, Lakewood, CO 80215
1950 Independence ST, Lakewood, CO 80215
1950 Independence ST, Lakewood, CO 80215
1950 Independence ST, Lakewood, CO 80215
1950 Independence ST, Lakewood, CO 80215
1950 Independence ST, Lakewood, CO 80215
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$ 640,000
Est. payment | /mo

5 Beds

3 Baths

2,362 SqFt


$ 640,000
Est. payment | /mo

5 Beds

3 Baths

2,362 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,362 sqft

Price per Sqft $270

Subdivision Lorraine

MLS Listing ID 4215825

Style Traditional

Bedrooms 5

HOA Y/N No

Year Built 1960

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Duplex

Property Description

MUST WATCH VIDEO VOICEOVER WALKING TOUR! Click the Virtual Tour link or search the property address on YouTube to watch the full tour! Great investment opportunity with this classic 1960 brick ranch-style duplex offering two spacious units, each with its own garage space in the shared two-car garage. One unit features 3 bedrooms, 2 bathrooms and a basement, while the second unit offers 2 bedrooms and 1 bathroom. Both units feature functional kitchens, reasonably maintained bathrooms and tremendous potential with some cosmetic updating. New flooring is needed in portions of the property, making this an excellent opportunity to add value through improvements. Recent exterior upgrades include a brand-new concrete driveway and new front walkways. Attractive brick construction, gas hot water heat and separate water heaters for each unit, installed in 2019 and 2020. The heating boiler may need servicing or replacement. Based on preliminary rental research, potential rents are estimated at approximately $2,000 to $2,500 per unit monthly, depending on unit size, condition and improvements. Buyers should independently verify rental potential and property condition. A wonderful opportunity to own a classic duplex with strong income potential and room to build equity through thoughtful improvements. Property is being sold by the Jefferson County Deputy Public Administrator.

Location

State CO

County Jefferson

Rooms

Basement Finished

Interior

Interior Features Laminate Counters

Heating Forced Air, Natural Gas

Cooling Evaporative Cooling

Flooring Carpet

Appliance Dishwasher, Disposal, Dryer, Oven, Range, Range Hood, Refrigerator, Washer

Laundry In Basement, Main Level

Exterior

Garage Spaces 2.0

Fence Full

Utilities Available Electricity Connected, Natural Gas Connected, Phone Available

Waterfront Description Public

Roof Type Composition

Porch Patio

Private Pool No

Building

Lot Description Level

Story One

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

School District Elementary: Jefferson County R-1, Middle/Junior: Jefferson County R-1, High: Jefferson County R-1

Others

Senior Community No

Tax ID 050994

Special Listing Condition None Known

Virtual Tour https://youtu.be/MnKiwGDLsZ4?si=hLk54z0asZhHnLH8

REColorado MLS
Listed byUrban Companies

Schools and Properties Nearby

Robert Batura

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1950 Independence ST