558 Gray Court
Lakewood, CO 80226
4021 sqft | 6 beds | 0.28 acres | #2666149
Description
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Great property offered at below market rates....Zillow value estimate $936,500....Buy this and have built in equity!!!
Discover a lucrative investment opportunity in Lakewood, CO with 558 Gray Court. This income-generating residential duplex in the desirable Birdsell subdivision offers two spacious units, each with 3 bedrooms and modern amenities. The property features a total of 3 garage spaces and sits on a cul-de-sac lot spanning 0.28 acres. Showcasing a profitable cap rate of 5.16%, 558 Gray Court presents a solid financial prospect with a proforma gross annual income of $54,000. Tenants enjoy separate utility metering and pay for most services directly, minimizing expenses for the owner. The property boasts a central location with a walk score of 32 and is conveniently close to bus stops. With a well-maintained interior including finished basements and updated appliances, this property is a turnkey investment opportunity. Don't miss out on owning this income-generating asset in Lakewood.
Location
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Listing Courtesy
Listing Agent: Jeff Coutts (#REC037678)
Listing Office: Coutts & Company Realty (#RECM9157)
Listing Courtesy (Buyer)
Buyer's Agent: Jeff Coutts (#REC037678)
Buyer's Office: Coutts & Company Realty (#RECM9157)
