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Buy a multi-family propertyat 2070 Teller Street, Lakewood, CO 80214

$1,195,000

$0/mo

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Multifamily

3,375 Sq. Ft.

0.68 Acres lot

6 Bedrooms

0 Bathrooms

304 Days on market

3167511 MLS ID

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About 2070 Teller Street multi-family property

Exciting Equity Opportunity in a Serene Setting! Discover this remarkable property, spanning .68 acres of peaceful land, ideally located near 20th and Teller Street. Currently boasting four separate structures with addressees, this investment presents endless possibilities. The main residence features a spacious 4-bedroom, 2-bathroom layout with a convenient two-car garage, providing a comfortable and inviting space. The backyard of 2074 Teller is very roomy and private. As you turn off Teller St down the new gravel driveway, a charming 2-bedroom, 1-bathroom single-family home (2070 Teller St) awaits, with great potential for higher rental income. But that's not all! This property also boasts a full duplex, with each side offering a 1-bedroom plus office and bathroom unit. Each unit comes with ample tenant parking, making it an attractive prospect for renters. Beyond the established structures, you'll find a distinctive dome-shaped building that was previously used as an ADU (Accessory Dwelling Unit). While it lacks its own address and utilities, the seller designates it as an outbuilding or shed. The creative potential of this unique space is limited only by your imagination. Currently, the duplex units are leased on a month-to-month basis, offering immediate income, but the possibilities don't end there. Whether you're looking to generate passive income, pursue a fix-and-flip project, or envision a brand new development on this expansive lot, the choice is yours. Nestled just West of Sloan's Lake in an area experiencing desirable growth, this location is ripe with value. Surrounding properties on Teller St have seen impressive improvements and new developments, further adding to the investment potential. Please note that all buildings are being sold AS-IS. Don't miss this golden chance to explore this extraordinary property's potential. Schedule a tour today and unlock the incredible possibilities that await!
Exciting Equity Opportunity in a Serene Setting! Discover this remarkable property, spanning .68 acres of peaceful land, ideally located near 20th and Teller Street. Currently boasting four separate structures with addressees, this investment presents endless possibilities. The main residence features a spacious 4-bedroom, 2-bathroom layout with a convenient two-car garage, providing a comfortable and inviting space. The backyard of 2074 Teller is very roomy and private. As you turn off Teller St down the new gravel driveway, a charming 2-bedroom, 1-bathroom single-family home (2070 Teller St) awaits, with great potential for higher rental income. But that's not all! This property also boasts a full duplex, with each side offering a 1-bedroom plus office and bathroom unit. Each unit comes with ample tenant parking, making it an attractive prospect for renters. Beyond the established structures, you'll find a distinctive dome-shaped building that was previously used as an ADU (Accessory Dwelling Unit). While it lacks its own address and utilities, the seller designates it as an outbuilding or shed. The creative potential of this unique space is limited only by your imagination. Currently, the duplex units are leased on a month-to-month basis, offering immediate income, but the possibilities don't end there. Whether you're looking to generate passive income, pursue a fix-and-flip project, or envision a brand new development on this expansive lot, the choice is yours. Nestled just West of Sloan's Lake in an area experiencing desirable growth, this location is ripe with value. Surrounding properties on Teller St have seen impressive improvements and new developments, further adding to the investment potential. Please note that all buildings are being sold AS-IS. Don't miss this golden chance to explore this extraordinary property's potential. Schedule a tour today and unlock the incredible possibilities that await!

Property details

Fireplaces

1 fireplace

Fireplace Features: "Family Room"

Appliances & Equipment

"Dishwasher", "Dryer", "Gas Water Heater", "Oven", "Refrigerator", "Self Cleaning Oven", "Washer"

Bathrooms

4 total baths

Bedrooms

6 total bedrooms

Building

Above Grade Finished Area: 3375

Construction Materials: "Block", "Brick", "Frame", "Stucco", "Wood Siding"

Entry Location: Ground

Levels: "One"

Living Area: 3375

Structure Type: "Duplex"

Total Area: 3375

Unit Count: 4

Unit Types: "Array", "Array", "Array", "Array"

Built in 1943

Cooling

Cooling: "None"

Disclosures

Attribution Contact: mollyvhenry@gmail.com,303-929-6689

Exclusions: personal property

Exterior Features

Features: "Private Yard"

Patio And Porch Features: "Front Porch"

Fence

Fencing: "Partial"

Floors

Flooring: "Carpet", "Laminate", "Tile", "Vinyl", "Wood"

Garage

Attached Garage

2 garage spaces

Heating

Heating: "Forced Air", "Hot Water"

Home Owner's Association

Association Fee Total Annual: $0

Association Fee Annual: 0.00

Association Fee 2 Annual Expense: 0.00

Association Fee 3 Annual Expense: 0.00

Interior Features

Features: "Smoke Free"

Listing

Listing Id: REC3167511

Standard Status: Active

Mls Status: Active

Listing Contract Date: 2023-07-05

Listing Terms: "1031 Exchange", "Cash", "Conventional", "FHA", "Jumbo"

Original List Price: $1,100,000

Special Listing Conditions: "None"

Location

County Or Parish: Jefferson

Subdivision Name: Grandview Acres

Lot

Acres: 0.68

Area: 0.68

Features: "Level"

Parcel Number: 053745

Square Feet: 29620.8

Energy Saving

Green Verification Count: 0

Owner Pays

Owner Pays: "Insurance", "Trash Collection", "Water"

Ownership: Individual

Parking

Parking Total: 2

Carport Spaces: 0

Offstreet Spaces: 0

Reserved Spaces: 0

RV Spaces: 0

Parking Count: 1

Features: "Driveway-Gravel"

Possession

"Negotiable"

Property

Livable Structure Count: 1

Out Building Count: 0

Property Condition: "Fixer"

Property Sub Type: Duplex

Zoning: Residential

Roof

Roof: "Composition", "Unknown"

Schools

School Of Choice

Elementary School: Lumberg

Elementary School District: Jefferson County R-1

Middle Or Junior School: Jefferson

Middle Or Junior School District: Jefferson County R-1

High School: Jefferson

High School District: Jefferson County R-1

Security Features

Features: "Smoke Detector(s)"

Sewer

Sewer: "Public Sewer"

Taxes

Annual Amount: 5792

Legal Description: SECTION 35 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 294200 SUBDIVISIONNAME GRANDVIEW ACRES BLOCK 011 LOT SIZE: 29490 TRACT 001 VALUE: .677

Tax Year: 2022

Tenant Pays

Tenant Pays: "Cable TV", "Electricity", "Gas", "Internet"

Utilities

Power Production Count: 0

Utilities: "Electricity Connected", "Natural Gas Connected"

Utility Billing To Tenants: Direct Billing from Utility

Utility Metering: Separate Electric,Separate Gas,Separate Water

Water Source: "Public"

Monthly cost

Estimated monthly cost

$7,366/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,123,300

+$35,850

$1,159,150

Seller agent commission$35,850 (3%)*

$0 (0%)

Buyer agent commission$35,850 (3%)*

$35,850 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $35,850 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 5, 2024 at 5:41 a.m.

Data updated: Aug 8, 2023 at 12:05 p.m.

Courtesy of RE/MAX Professionals mollyvhenry@gmail.com,303-929-6689
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than 222 W Merchandise Mart Plaza #1212, Chicago, IL 60654 are marked with the IDX Logo. This information is being provided for the consumers\’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Listing Information © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved. 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

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