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MLS® ID: 3790218

120 Jay Street

Lakewood, Colorado, 80226

$1,325,000 Under Contract
  • 21 Beds
  • 6156 SQFT
8.2% cap rate! 7 unit apartment building in Lakewood, just 15 minutes away from Downtown Denver and a straight shot into the mountains going West on Highway 6. Consist of seven 3-bedroom apartments on a large, well-maintained lot. Plus a large laundry/mechanical room that includes 7 storage units for additional income. This space could also be a potential 8th unit! Great location: Just minutes away from the Light Rail - Denver West Line. Close to great retail stores such as Walmart, Home Depot and the shops at Belmar which include Whole Foods and the Lakewood City Commons. The Lakewood Reinvestment Authority is the major economic force in the Lakewood area and has encouraged a combination of gentrification and new construction which is occurring within this defined neighborhood.
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Listing courtesy of Keller Williams Realty Downtown LLC

Amenities

  • Zip
    80226
  • Office name
    Keller Williams Realty Downtown LLC
  • SQFT
    6156
  • Bedrooms
    21
  • Property type
    Income
  • Zoning type
    MRS / Apartment Low Rise
  • Community name
    North Alameda
  • School district
    Jefferson County R-1
  • Elementary school
    Stein
  • Junior high
    Alameda Int'l
  • High school
    Alameda Int'l
  • Year built
    1958
  • Lot size
    0.32
  • Heating
    Forced Air
  • Tax year
    2017
  • Agent name
    Michelle Thomas
  • Tax amount
    $ 4446.0
  • Price Range
    $1.25m-$1.5m
  • Square Feet Range
    5000-7000 sq ft.
  • Bedrooms Range
    21 Beds
  • Acreage Range
    0.25 - 0.5
  • Year Built Range
    1989 (and earlier)
  • Office ID
    KW002
  • Agent ID
    38971

Location

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