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289 S Hoyt Street,  Lakewood CO, 80226 ( Active )

  • $995,000
MLS# 9565589
|
12 beds, 7 baths
Source:REcolorado

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Listing Provided Courtesy Of: FAIRBAIRN COMMERCIAL INC
Last Updated: 11/18/2017 10:19 AM
Description for 289 S Hoyt Street,  Lakewood CO, 80226
* Very unique student housing investment opportunity offering one building containing four (4) individual condo units built in 1981. Each condo has 3 bedrooms and 1 3/4 baths. * Colorado Christian University (CCU) is located approximately three (3) blocks to the east of the subject property and currently has a master lease on all of the four (4) units. The current Lease expires on June 30, 2018. * CCU is responsible for all the utilities, insurance, snow and trash removal, interior and exterior lighting, janitorial, minor plumbing repairs, furnace and a/c filter replacement, broken glass (not covered by insurance), annual carpet cleaning and annual preventative maintenance of the boilers, water heaters and a/c. * Owner is responsible for the Real Estate Taxes (2016: $4,867.78), HOA dues $100 per month and repairs over $2,500 per occurrence. * Current rental income is $5,200/per month for all four (4) units. * Great opportunity for a turn key investment.
Price
$995,000
Lakewood
Jefferson
12
7
5,766 (approx)
9565589
Active
Description
* Very unique student housing investment opportunity offering one building containing four (4) individual condo units built in 1981. Each condo has 3 bedrooms and 1 3/4 baths. * Colorado Christian University (CCU) is located approximately three (3) blocks to the east of the subject property and currently has a master lease on all of the four (4) units. The current Lease expires on June 30, 2018. * CCU is responsible for all the utilities, insurance, snow and trash removal, interior and exterior lighting, janitorial, minor plumbing repairs, furnace and a/c filter replacement, broken glass (not covered by insurance), annual carpet cleaning and annual preventative maintenance of the boilers, water heaters and a/c. * Owner is responsible for the Real Estate Taxes (2016: $4,867.78), HOA dues $100 per month and repairs over $2,500 per occurrence. * Current rental income is $5,200/per month for all four (4) units. * Great opportunity for a turn key investment.
Listing Information
Property Type: Multi-Family
Other 12
7 0.04 Acres
1,774 5,766 (approx) $172.56
1981 Vinyl Siding, Frame
Lakewood
5,766 Sq. Ft. (approx)
4 Total
Neighborhood
School Information
District: Jefferson County R-1
SOUTH LAKEWOOD CREIGHTON LAKEWOOD
Interior Features
A/C - Other
Gas Heat, Electric Heating, Forced Air
No Basement
Exterior / Lot Features
6 Parking Spaces
Vinyl, Frame
M-R-S
Financial Considerations
$1,200 Annually
448359
$1,185
2016
Listing Price History

Lakewood Real Estate

Lakewood is located in Colorado. Lakewood, Colorado 80226 has a population of 152,597.

The median household income in Lakewood, Colorado 80226 is $56,134. The median household income for the surrounding county is $69,698 compared to the national median of $53,482. The median age of people living in Lakewood 80226 is 38.3 years.

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Courtesy: John Fairbairn - FAIRBAIRN COMMERCIAL INC
Copyright © 2017 REcolorado. All rights reserved. Information is deemed reliable but is not guaranteed.

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