$110,000
1315 Estes St
Lakewood, CO 80215
MLS# 1925157
Save Property

1 Beds

1 Baths

490 Sqft

0.05 Acres
A rare find!! Occupied unit with over 8% cap rate ready to be sold! Current resident has lived there since 2014, no plans to move. Current monthly rent is $925 ($787 of this is paid by Colorado state's housing assistance program). The photos are four years old, and where before current tenant moved in. At that time, windows were new, bathroom and all tile new, with new paint and carpet in bedroom (hardwood under carpet). Current tenant has been there for several years and is very low maintenance. Current tenant's lease in the holdover phase and is month-to-month (so you can raise the rent to 'market level' with some paperwork). GREAT for hands-off landlord. Pro forma rentals could go a little higher. Good floor plan and lives bigger than the sq ft would leave you to believe. Has a front and back door.
Property Details
Status
Under Contract
Property Type
Income
Year Built
1943
Sqft Total
490
Above Ground Square Footage
490
Finished Sq Ft
490
Acres
0.05
Lot Size
2232.00
Basement Size
None
House Style
Multi-Level
Units
1
Construction
Stucco
Roofing
Composition Shingles
Heat
Forced Air
Cooling
None
HOA Includes
Sewer, Trash Removal, Water
Schools
Elementary
Eiber
Junior High
Creighton
Senior High
Lakewood
School District
Jefferson County R-1
Taxes & Terms
Terms
Cash, Conventional
Tax Amount
$325
Approval Conditions
None Known
Seller Type
Corporation/Trust
Has HOA
Yes
HOA Fee
$163.00
HOA Fee Freq
Monthly
Area
Subdvision
Lakewood
County
Jefferson
Features
Additional Information:
1031 Exchange, Agent Owner, Income Potential, Tenant Occupied
Style Characteristics
Low Rise (1-3)
Days on this Website
8
Census Data
Link to Property
Listing courtesy of
COLORADO PROPERTIES & RE LLC
Similar Properties