Residential Income for Sale: 558 Gray, Lakewood, CO 80226

6 beds
6 baths
4,021 sqft
mls #2666149
$930,000
$930,000
558 Gray, Lakewood, CO 80226
6 beds
6 baths
4,021 sqft
mls #2666149
$930,000
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Price:
$930,000

Type Residential Income
Beds 6
Total Baths 6 baths
Square Feet 4,021 sqft
Garage Spaces 3
Lot Size 0.28 acres
Year Built 1962

City Lakewood
County Jefferson
School District Jefferson County R-1
Subdivision Birdsell

MLS 2666149
Status Pending
DOM 229 days
. Great property offered at below market rates....Zillow value estimate $936,500....Buy this and have built in equity!!! Discover a lucrative investment opportunity in Lakewood, CO with 558 Gray Court. This income-generating residential duplex in the desirable Birdsell subdivision offers two spacious units, each with 3 bedrooms and modern amenities. The property features a total of 3 garage spaces and sits on a cul-de-sac lot spanning 0.28 acres. Showcasing a profitable cap rate of 5.16%, 558 Gray Court presents a solid financial prospect with a proforma gross annual income of $54,000. Tenants enjoy separate utility metering and pay for most services directly, minimizing expenses for the owner. The property boasts a central location with a walk score of 32 and is conveniently close to bus stops. With a well-maintained interior including finished basements and updated appliances, this property is a turnkey investment opportunity. Don't miss out on owning this income-generating asset in Lakewood.

Room Features

Exterior Features Balcony
Basement 90%+ Finished Basement

Lot & Building Features

Appliances Dishwasher, Refrigerator, Microwave, Disposal
Heating Forced Air
Cooling Central Air
Sewer City Sewer, Public Sewer
Tax Year 2023
Water City Water
Exterior Balcony
Lot Gutters, Cul-De-Sac

Community and Schools

Elementary School Deane
Junior High School Alameda Int'l
Senior High School Alameda Int'l

Unit Features

Unit 1 - DS Bedrooms 3
Unit 1 - DS Est Sq Ft 1766
Unit 1 - DS Rent 2150
Unit 1 - DS Total Baths 3
Unit 2 - DS Bedrooms 3
Unit 2 - DS Est Sq Ft 1766
Unit 2 - DS Rent 2350
Unit 2 - DS Total Baths 3

Price History of 558 Gray, Lakewood, CO

Date Name Price Difference
03/21/2024 Listing Price $930,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 558 Gray, Lakewood, CO

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Listed by Coutts & Company Realty, Jeff Coutts 720-341-8118
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6.75%
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558 Gray (MLS #2666149) is a residential income listing located in Lakewood, CO. This residential income listing is 4,021 sqft and on a lot of 11,979 sqft (or 0.28 acres) with 6 bedrooms, 6 baths and is 62 years old. This property was listed on 03/21/2024 and has been priced for sale at $930,000.

Nearby zip codes are 80204, 80212, 80214, 80219 and 80232. This property neighbors other cities such as Denver, Edgewater and Wheat Ridge.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coutts & Company Realty

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES 2024