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5269-5297 W Center Ave, Lakewood
Fourteen Unit Investment Opportunity. Fully leased three separate buildings. Two buildings with 4 units each and one with 6 units. Each unit is individually deeded with a separate meter and could be individually sold at any time. This property has gone thru some major improvements with new retaining walls ($19,631), newer roofs ($46,742), newer windows ($3,050), new deck and stairs ($53,508), newer furnaces ($14,375) and each unit has been updated since ownership. There is a 22 space parking lot, storage shed. Close to the Light Rail, new Montessori school being constructed across the street as well as a school farm just a block away. Rent-O-Meter has the average rent for the area estimated at $1,272/month. 10 units are on month to month and 4 unit leases expire in Feb and May 2018.
McClure and Associates
- MLS® #6201982
- Square Footage11,796
- Year Built1983
- Parking Spaces22
- Exterior FeaturesBalcony, Fence, Front Porch, Professional Landscaping, Sprinkler System, Yard
- Lot Description24218.00
- WindowsDouble Pane Windows
- Address5269-5297 W Center Ave
- SubdivisionWEST CENTER CONDOS
- Zip Code80226
- Interior FeaturesDouble Pane Windows, Eating Space / Kitchen, Remodeled, Updated
- AppliancesDisposal, Dishwasher, Refrigerator (Kitchen), Stove/Range/Oven
- HeatingForced Air
- CoolingAir Conditioning-Central
- DistrictJefferson R-1
- MiddleAlameda Int'l
- HighAlameda Int'l
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