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117-119 Teller ST Lakewood, CO 80226
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Key Details
Sold Price $804,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,088 sqft
Price per Sqft $196
Subdivision Lakewood Gardens
MLS Listing ID 5717808
Sold Date 02/01/24
Style Traditional
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 4,088
Originating Board recolorado
Year Built 1979
Annual Tax Amount $3,541
Tax Year 2022
Lot Size 0.340 Acres
Acres 0.34
Property Description
Unlock the door to a prime investment opportunity! This duplex, nestled in the heart of Lakewood, promises both immediate returns and future potential. Boasting a successful rental history under the current ownership, seize the moment as one side stands vacant – the ideal juncture for a savvy investor. A traditional side-by-side bi-level duplex w/ unmatched square footage for the area. Stellar location fronting O'Kane Park, residents enjoy the park's amenities, including tennis & basketball courts, a serene pond w/ fountain, paved walking paths, playground, pavilion equipped with grills & picnic tables. Each unit is just over 2000 finished square feet, practical layout with 3 bedrooms on each side and 2 bathrooms, totaling 6 beds/4 baths. The north unit offers attached garage for convenience. Ample off-street parking for both residences. Ready for immediate occupancy, the building and grounds are in good condition. Both units offer a large backyards, fenced and pet-friendly. The upper levels boast a sunlit family room, spacious primary bedroom + full bathrooms on each side. The lower levels offer generously sized great room, two additional bedrooms, and 3/4 bathrooms–a perfect blend of comfort and functionality. Outstanding accessibility to public transportation, a great highway access, proximity to dining, shops, and conveniences, this duplex definitely has convenient living. Explore financing options catering to VA/FHA primary residential buyers looking to owner-occupy + take advantage of low property taxes and insurance costs that contribute to the unit's profitability when rented. No HOA adds to the appeal. For those with an eye on expansion, investigate the potential for a 4-plex or parcel split, possibly selling each side separately? Live on one side & rent the other, the possibilities are vast for the discerning buyer. Two hour notice is required, to extend respect to the current tenant residing in 117. Act now & make this duplex your next prosperous venture!
Location
State CO
County Jefferson
Zoning Duplex Residential
Interior
Interior Features Eat-in Kitchen, High Speed Internet, Laminate Counters, Open Floorplan
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Carpet, Linoleum, Tile
Fireplace Y
Appliance Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
Laundry In Unit, Laundry Closet
Exterior
Exterior Feature Private Yard, Rain Gutters
Garage Concrete, Driveway-Gravel, Storage
Garage Spaces 1.0
Fence Full
Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected
Roof Type Composition
Total Parking Spaces 7
Garage Yes
Building
Lot Description Greenbelt, Level, Near Public Transit
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Split Entry (Bi-Level)
Structure Type Brick,Cement Siding,Frame
Schools
Elementary Schools South Lakewood
Middle Schools Alameda Int'L
High Schools Alameda Int'L
School District Jefferson County R-1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Pets Description Yes
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Milehimodern