1072 S Arbutus St Lakewood, CO 80228
Green Mountain NeighborhoodHighlights
- Deck
- Traditional Architecture
- No HOA
- Dunstan Middle School Rated A-
- Private Yard
- Balcony
About This Home
As of November 2024Discover a hidden gem nestled in the coveted Green Mountain neighborhood of Lakewood—an outstanding 4-unit multifamily building that promises significant value-add potential. Perfectly positioned in a vibrant and sought-after area, this property is ideal for the savvy investor looking to capitalize on a high-performing asset.
Situated in the heart of Green Mountain, this property enjoys proximity to parks, trails, shopping, dining, and excellent schools, making it highly desirable for tenants. Each of the four units boasts a generous floor plan, averaging around 1430 square feet, providing ample living space and comfort for residents. Every unit comes with its own garage, adding convenience and value for tenants. The upper units feature large decks perfect for relaxing and entertaining, while the lower units offer private, fenced backyards ideal for families and pet owners.
This multifamily building represents a unique opportunity to acquire a well-maintained property in a high-demand location with excellent upside potential. Don’t miss your chance to invest in a property that combines strong current returns with the ability to significantly enhance profitability. Seize this opportunity to grow your portfolio in one of Lakewood’s finest neighborhoods. Contact us today to schedule a viewing and explore the possibilities this property has to offer!
Last Agent to Sell the Property
Altos Realty Advisors, Inc. Brokerage Email: chrisk@goaltos.com,720-392-5663 License #100089624
Co-Listed By
Altos Realty Advisors, Inc. Brokerage Email: chrisk@goaltos.com,720-392-5663 License #100073689
Last Buyer's Agent
Altos Realty Advisors, Inc. Brokerage Email: chrisk@goaltos.com,720-392-5663 License #100089624
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,072
Year Built
- Built in 1969
Lot Details
- 0.25 Acre Lot
- Two or More Common Walls
- Property is Fully Fenced
- Private Yard
Home Design
- Traditional Architecture
- Quadruplex
- Brick Exterior Construction
- Frame Construction
- Rolled or Hot Mop Roof
Interior Spaces
- 5,720 Sq Ft Home
- 2-Story Property
- Laundry in unit
Kitchen
- Convection Oven
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Parking
- 8 Parking Spaces
- Paved Parking
Outdoor Features
- Balcony
- Deck
Schools
- Foothills Elementary School
- Dunstan Middle School
- Green Mountain High School
Utilities
- No Cooling
- Baseboard Heating
- Natural Gas Connected
Listing and Financial Details
- Exclusions: Tenants personal property
- Tenant pays for electricity, gas, internet, trash collection, water
- The owner pays for exterior maintenance, insurance, taxes
- Assessor Parcel Number 089131
Community Details
Overview
- No Home Owners Association
- Green Mountain Subdivision
Building Details
- Operating Expense $29,373
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $1,275,000 | -7.3% | $223 / Sq Ft |
| 08/16/2024 08/16/24 | Price Changed | $1,375,000 | -3.5% | $240 / Sq Ft |
| 06/18/2024 06/18/24 | For Sale | $1,425,000 | -- | $249 / Sq Ft |
Source: REcolorado®
MLS Number: 2049520
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