558 Gray Court Lakewood, CO 80226
. 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)