Lakewood, CO 80228,1022 S Arbutus
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Lakewood, CO 80228,1022 S Arbutus
Lakewood, CO 80228,1022 S Arbutus
Lakewood, CO 80228,1022 S Arbutus
Lakewood, CO 80228,1022 S Arbutus
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$ 835,000
Est. payment /mo
New

1022 S Arbutus Lakewood, CO 80228

6 Beds

4 Baths

3,060 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,060 sqft

Subdivision Green Mountain Estates

MLS Listing ID IRE1947817

Bedrooms 6

HOA Y/N No

Year Built 1966

Annual Tax Amount $4,187

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Duplex

Source ires

Property Description

Turnkey, income-producing side-by-side duplex ideally located at the base of Green Mountain Open Space in Lakewood. Just a short walk to the Green Mountain Trailhead! This well-maintained property features two 3-bedroom, 2-bath units, each offering a functional layout, single-car garage, and separate backyard. A rare combination that drives long-term tenant demand and retention.

One unit benefits from an expansive upper-level renovation that significantly enhances the living and dining area, adding increased usability. The property has been consistently well cared for, reducing near-term capital expenditure risk.

The duplex is fully occupied with tenants providing immediate cash flow and making it an excellent long-term hold for the savvy investor. The location is a major value driver, with close proximity to the Green Mountain recreation center, outdoor recreation, and highly desirable schools, including Green Mountain High School and D'Evelyn High School (ranked the #1 high school in Colorado by U.S. News & World Report).

A strong combination of location, unit mix, condition, and tenant appeal. This is a solid multifamily asset in one of Lakewood's most sought-after foothill neighborhoods.

Location

State CO

County Jefferson

Community Green Mountain Estates

Area Metro Denver

Interior

Heating Forced Air

Appliance Refrigerator, Disposal

Exterior

Parking Features Attached

Garage Spaces 2.0

Fence Partial

Utilities Available Electricity Available, Cable Available, Separate Meter Electricity, Separate Meter Gas

View Y/N No

Roof Type Composition

Garage Yes

Building

Sewer Public Sewer

Water City

Level or Stories Two

Structure Type Brick

New Construction false

Schools

Elementary Schools Foothills

Middle Schools Dunstan

High Schools Jefferson Dist R-1

School District Jefferson Dist R-1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.v6d.com/x93


Information and Real Estate Services (IRES)
Listed by Brad Uhlig
Bob Engel

Bob Engel

Broker/Owner | KWREA100003949

+1(303) 638-0780

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1022 S Arbutus