1295 Vance Street

    Lakewood, CO 80214
    • $505,000
    • STATUS: Sold
    • ON SITE: 326 days
    • ID#: 7978705
    Sold - 01/15/2019
    $505,000
    SOLD - 01/15/2019
    • 5
      BEDS
    • 0.21
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,484
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Brokers Guild Classic.

    Description

    Talk about location, this triplex in Lakewood is a block away from the Wadsworth Light Rail Station. Great unit mix of two 2bed/1bath units and a 1bed/1bath that sits below the front unit. New roof, new hot water heater and newer furnace in front unit. Newer paint and carpet in the back unit. Separately metered for gas and electric. Attached 2-car garage and each unit has their own laundry room and separate storage. Long-term tenants in both 2bed units, over 10+ years, and rents are below market value. All tenants are on month-to-month leases. Room to raise rents. Low maintenance and great income potential: 6.5% Proforma CAP Rate.

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Griffith Home Team | Re/Max Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.yourdenverhomesource.com/homes/85901821

    1295 Vance Street Lakewood, CO 80214

    • Price: $530,000
    • Status: Sold
    • Updated: 40 min ago
    • ID#: 7978705
    5
    Beds
    3
    Baths
    0
    ½ Baths
    0.21
    Acres
    2,484
    SQFT
    $0
    $/SQFT
    1950
    Built
    Neighborhood:
    Two Creeks
    County:
    Jefferson
    Area:
    Lakewood
    Elementary School:
    Molholm
    Middle School:
    Creighton
    High School:
    Lakewood
    School District:
    Jefferson County R-1
    Property Description
    Talk about location, this triplex in Lakewood is a block away from the Wadsworth Light Rail Station. Great unit mix of two 2bed/1bath units and a 1bed/1bath that sits below the front unit. New roof, new hot water heater and newer furnace in front unit. Newer paint and carpet in the back unit. Separately metered for gas and electric. Attached 2-car garage and each unit has their own laundry room and separate storage. Long-term tenants in both 2bed units, over 10+ years, and rents are below market value. All tenants are on month-to-month leases. Room to raise rents. Low maintenance and great income potential: 6.5% Proforma CAP Rate.
    Exterior Features

    Construction Materials Brick Construction Methods Brick Distance To Bus 1.00 Distance To Light Rail 1.00 Parking Off-Street (4 Spaces) Garage (Attached) (2 Spaces) Parking Total Searchable 6 Roof Composition Shingles Site Features Near Public Transit

    Interior Features

    Basement Finished YN Yes Basement Size Partial Cooling Evaporative Cooler (Swamp)None Heating Forced Air Heating Fuel ElectricGas Kitchen Appliances Refrigerator (Kitchen)Stove/Range/Oven Laundry Availability W/D Hookups in Unit Sq Ft Above 1594 Sq Ft Basement 890 Sq Ft Finished 2484

    Property Features

    Annual Expense Actual 7812 Annual Expense Proj 6662 Annual Income Actual 31500 Annual Income Proj 44400 Annual Net Income Actual 23688 Annual Net Income Proj 37738 Building Type Triplex (All Units) Capitalization Rate 6.59 Capitalization Rate Calculation Proforma Cap Rate Contingent Approval Conditions None Known Has Hoa YN No Listing Financing CashConventional Owner Paid Utilities ElectricityGasTrashWater Real Estate Taxes 1812 Seller Type Individual Status Conditions None Known Tax Amount 1812.00 Tax Year 2017 Transaction Type For Sale Unit Count 2 Water Annual Expense 800 Zoning M-R-T

    Listing courtesy of Brokers Guild Classic: MLS #7978705


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Griffith Home Team | Re/Max Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    The Griffith Home Team | Re/Max Professionals
    9200 E. Panorama Circle, Unit 140
    Englewood CO, 80112
    Offered by Brokers Guild Classic.