Listing Courtesy of LoKation Real Estate

287 S Hoyt Street

Lakewood, CO, 80226

$1,200,000

$214 per ft²
$1,200,000
$214 per ft²
Active
Active
 - For Sale
beds
12 Beds
baths
8 Baths
carpenters-square
5,600 ft²
property_type
Multi-family
calendar
Built 1981
Fantastic rental income property to start or add to your portfolio. This 4 plex which boast of 3 beds and 2 bath in each unit has a current net cap rate of 6.2% and with some cosmetic improvements rents could soar and bring the cap rate up to 8.0% based on current fair market rent rates. This unit has a extremely low vacancy rate and is located in a highly sought after area. Specifically, its walking proximity to Colorado Christian University make it a ideal rental. This complex also desirable to those who want to work in or around St. Anthony's Hospital, Belmar, Red Rocks Community College and Sloan's Lake. Easy access to 6th ave, Hwy 285 and C-470 allow for quick commutes into Downtown Denver, the Mountains and the greater metro. The long term potential income and appreciation on this complex is rarely seen in Denver Metro real estate!
MLS® ID:
1650186
Listed:
8/9/22
Updated:
10/2/22
Coldwell Banker
Aleks Liubimyi & Tatiana Pevtsova

Interior Features

Kitchen Appliances
Dishwasher, Disposal, Oven
Total Bedrooms
12
Total Bathrooms
8
Laundry Description
In Unit
Floor Description
Carpet, Laminate
Heating
Baseboard

Exterior/Building Features

Lot Size
9,250 ft² lot
Exterior Features
Balcony, Covered, Deck, Patio, Balcony
Architectural Style
Contemporary
Roof
Composition
Sewer
Public Sewer

School Information

School District
Jefferson County R-1
High School
Lakewood
Middle/Jr High
Creighton
Elementary School
South Lakewood

Other Property Details

Taxes
$5370
Tax Frequency
per YEAR
HOA Fee
$962
HOA Frequency
per MONTH
Garage
No
Parking
N
Parking Total
12.0
View
N
County
Jefferson
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available
Water Source
Public
Pool
No

Property History

Date
Event
Price
Value
8/31/22
Active
-
-
8/27/22
Active Under Contract
-
-
8/17/22
Active
-
-
8/17/22
Active Under Contract
-
-
8/10/22
Active
-
-
 

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Data last updated 5:36 AM UTC, 10/2/22

 

Coldwell Banker
Aleks Liubimyi & Tatiana Pevtsova
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