9640 W 23rd Avenue, Lakewood, CO, 80215
- $865,000
Overview
- Duplex, ResidentialIncome
- 9
- 4
- 1
- 11718 Sq Ft
- 1971
Description
9640-9642 W 23rd Ave is an attractive duplex nestled in the Morse Park Neighborhood, a peaceful Lakewood haven. This income property is an ideal location just minutes from Crown Hill Park, with nearby Colfax Ave retail & restaurants, all while being in perfect proximity to Denver’s major arterial highways (6th, I-70, and I-25). With an expansive 6 bedrooms and 2 baths in one of the units, the property is currently under-rented. Investors also have the ability to add value by lightly renovating the units to increase revenue. Tenants are currently on month-month leases. INVESTMENT SUMMARY Price: $865,000 Total Units: 2 Price/Unit: $432,500 Current Cap Rate: 5.76% Market Proforma Cap Rate: 8.05%
Address
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Address: 9640 W 23rd Avenue
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City: Lakewood
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State/county: Jefferson
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Zip/Postal Code: 80215
Details
Updated on March 27, 2023 at 5:34 pm-
Property ID HZ5030206
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Price $865,000
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Property Size 11718 Sq Ft
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Bedrooms 9
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Bathrooms 4
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Garage 1
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Year Built 1971
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Property Type Duplex, ResidentialIncome
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Property Status Active
Additional details
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PropertySubType Duplex
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Subdivision Westmoor Acres
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Tax Year 2022
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Construction Materials Brick, Frame, WoodSiding
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Roof Composition
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Appliances Oven, Range, Refrigerator
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Parking Features Asphalt
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Laundry Features InUnit
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Lot Features CulDeSac
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LotSize SquareFeet 11718
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LotSizeArea 0.27
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LotSizeUnits Acres
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Middle School Creighton
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HighSchool Lakewood
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HighSchool District Jefferson County R-1
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ElementarySchool Slater
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Garage Spaces 2
Features
Mortgage Calculator
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Down Payment
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Property Tax
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