1160-1198 S Allison ST Active Save Request In-Person Tour Request Virtual Tour
Lakewood,CO 80232
Key Details
Property Type Other Types
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 19,656 sqft
Price per Sqft $221
MLS Listing ID 5923441
Style LowRise
Year Built 1962
Annual Tax Amount $7,275
Tax Year 2021
Property Sub-Type MultiFamily
Property Description
Well maintained and fully occupied 24 - unit building in the Heart of Lakewood.
Presented at a current 4.8% cap rate with the ability to achieve a 5.3%+ return in the near term. The property consists of all a mix of 12 one-bedroom units & 12 two- bedroom units. The property has extra income potential with large storage lockers located in the basements.
The building is conveniently located within a short walking distance of Alameda High school, numerous restaurants, parks and shops and is very popular for long term family renters.
Location
State CO
County Jefferson
Interior
Laundry Coinoperated
Exterior
Roof Type Composition
Present Use MultiFamily
Street Surface Paved
Attached Garage false
Garage false
Building
Building Description Brick, Storage
Story 2
Sewer PublicSewer
Water Public
Architectural Style LowRise
Level or Stories Two
Structure Type Brick
New Construction No
Others
Tax ID 069935
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional