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Home » Real Estate » CO » Lakewood » 80228 » 1072 S Arbutus St, Lakewood, CO, 80228
$1,425,000

1072 S Arbutus St, Lakewood, CO, 80228

8 Beds
8 Baths
5,720 Square Feet
Discover a hidden gem nestled in the coveted Green Mountain neighborhood of Lakewood-an outstanding 4-unit multifamily building that promises significant value-add potential. Perfectly positioned in a vibrant and sought-after area, this property is ideal for the savvy investor looking to capitalize on a high-performing asset. Situated in the heart of Green Mountain, this property enjoys proximity to parks, trails, shopping, dining, and excellent schools, making it highly desirable for tenants. Each of the four units boasts a generous floor plan, averaging around 1430 square feet, providing ample living space and comfort for residents. Every unit comes with its own garage, adding convenience and value for tenants. The upper units feature large decks perfect for relaxing and entertaining, while the lower units offer private, fenced backyards ideal for families and pet owners. This multifamily building represents a unique opportunity to acquire a well-maintained property in a high-demand location with excellent upside potential. Don't miss your chance to invest in a property that combines strong current returns with the ability to significantly enhance profitability. Seize this opportunity to grow your portfolio in one of Lakewood's finest neighborhoods. Contact us today to schedule a viewing and explore the possibilities this property has to offer!
Offered By
Christopher Kooij chrisk@goaltos.com,720-392-5663, Altos Realty Advisors, Inc.

Property Details

Property Type Residential Income
Status Active
Bedrooms 8
Property Sub Type Income Property
Square Feet 5,720
MLS # 2049520

Market Trends

New Properties On Market
35
119% Increase In New Listings
Average Asking Price
$873,358
$178,471 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$307
$45 Increase In List Price/Sq. Ft.
Average Days On Market
9
27 Day Decrease In Days On Market
Data as of Jul 02, 2024. Remaining statistics above are calculated on activity within the period from May 01, 2024 to Jun 30, 2024.
Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 7/2/2024 at 11:44 pm