$930,000
Active Under Contract
58 Days Online
6 Beds6 Baths3,532 SQFT
Active Under Contract

558 Gray Court Lakewood, CO 80226

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. 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.

  • Property TypeMulti-Family
  • NeighborhoodBirdsell
  • CountyJefferson
  • Taxes$3,284
  • HOA/Condo/Coop Fees$0
  • Days on Site57 Days
  • MLS StatusActive Under Contract
  • MLS ID Number2666149
  • Home Size Source Public Records
  • Year Built1962
  • Lot Size0.28 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction BrickFrame
  • Parking AsphaltDry WalledExterior Access DoorFinishedHeated GarageLighted
  • Parking Spaces 3
  • Sewer Public Sewer
  • Basement Finished
  • Number of Stories 2
  • Acreage 0.28
  • Water Public
  • Security Carbon Monoxide Detector(s)Smoke Detector(s)
  • Property Sub Type Duplex
  • Garage Spaces 3
  • Attached Garage Yes
  • Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone Available
  • Foundation Slab
  • Zoning Res
  • Property Condition Updated/ Remodeled
  • Direction Faces South

Interior Features

  • Cooling Central Air
  • Heating Forced Air
  • Appliances DishwasherDisposalGas Water HeaterMicrowaveOvenRange HoodRefrigerator
  • Flooring CarpetTile
  • Laundry Features In Basement
  • Fireplace No

Exterior Features

  • Roof Composition
  • View City
  • Fencing Partial
  • Spa No
  • Waterfront Property No
  • Exterior BalconyPrivate YardRain Gutters
  • Lot Cul- De- Sac
  • Patio And Porch CoveredDeck

Community Features

  • Senior Community No
  • Security Features Carbon Monoxide Detector(s)Smoke Detector(s)

Schools

School District
Jefferson County R-1
Elementary School
Deane
Middle School
Alameda Int'l
High School
Alameda Int'l

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Monthly Payment (Est.)

$4,960
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