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Reza Zahedi

reza@rezasells.com +1(937) 974-8053

$ 875,000

Est. payment | -/mo

10 Beds

4 Baths

3,424 SqFt

Save Virtual Tour

$ 875,000

Est. payment | -/mo

Save Virtual Tour

10 Beds

4 Baths

3,424 SqFt

Open House

Sat May 16, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,424 sqft

Price per Sqft $255

Subdivision Bennett And Shockley

MLS Listing ID 8424631

Style Contemporary

Bedrooms 10

HOA Y/N No

Abv Grd Liv Area 1,712

Year Built 1965

Annual Tax Amount $4,360

Tax Year 2024

Lot Size 0.450 Acres

Acres 0.45

Property Sub-Type Duplex

Source recolorado

Property Description

Calling all investors and house hackers! This turnkey duplex offers the perfect opportunity to generate immediate income while minimizing maintenance and maximizing future potential. Each side features 1,712 square feet with 5 bedrooms, 2 bathrooms, a 1-car attached garage, central A/C, private fenced backyard, and thoughtful updates throughout. Both units have been extensively remodeled with newer kitchens, bathrooms, flooring, mechanical systems, sewer lines, radon systems, furnaces, water heaters, and more - making this a truly low-maintenance investment. The main levels of both units feature hardwood floors, spacious living rooms, updated kitchens, 2 bedrooms, and a full bath. Finished basements offer 3 additional bedrooms, another full bath, laundry, and comfortable carpeted living space - creating flexible layouts ideal for tenants or owner occupants alike. 5870 is currently rented through mid-July at just under $3,000/month, while 5880 is vacant and ready for its next owner or tenant. Whether you want to owner occupy while offsetting your mortgage or fully lease both sides for approximately $6,000/month in rental income, the options are endless. The oversized lot also presents incredible future upside with room to potentially add an ADU or third unit to further increase cash flow. Conveniently located near 6th Avenue for easy commuting and just minutes from Belmar's shopping, restaurants, grocery stores, and entertainment, this is a rare opportunity to own a move-in ready duplex with strong income potential in a prime Lakewood location.

Location

State CO

County Jefferson

Rooms

Basement Bath/Stubbed, Finished, Full, Interior Entry, Sump Pump

Interior

Interior Features High Ceilings, Laminate Counters, Open Floorplan, Pantry, Radon Mitigation System

Heating Forced Air

Cooling Central Air

Flooring Carpet, Linoleum, Tile, Vinyl, Wood

Fireplace Y

Appliance Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Sump Pump, Washer

Laundry In Basement, In Unit, Multiple Locations

Exterior

Exterior Feature Fire Pit, Lighting, Private Yard, Rain Gutters

Parking Features Concrete, Dry Walled, Exterior Access Door, Finished Garage, Storage

Garage Spaces 2.0

Fence Full

Roof Type Composition

Total Parking Spaces 12

Garage Yes

Building

Lot Description Level, Near Public Transit

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Frame

Schools

Elementary Schools Deane

Middle Schools Alameda Int'L

High Schools Alameda Int'L

School District Jefferson County R-1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Virtual Tour https://iframe.videodelivery.net/10cab004f3bd9928cd369128cb57b103

Listed by Your Castle Real Estate Inc

Reza Zahedi

REALTOR® | BROKER | OWNER

+1(937) 974-8053 | reza@rezasells.com

5870 W 5th AVE Lakewood, CO 80226

Reza Zahedi

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5870 W 5th AVE