1628 Eaton Street Bldg , Unit

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Sold Lakewood, CO 80214 MLS# 7748451 Sold by Clayton Primm on 07/15/2020
$973,000
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Commercial Property Type
0.42 Acres
4806.00 Sq Ft
1922 Year Built
R-MF Zoning

Overview

Great Location in Edgewater/Lakewood. 5 total units: 4 plex PLUS single-family home. The four-unit building consists of 2 - one bedroom/one-bathroom units and 2 - two-bedroom/one-bathroom units. Each unit is individually metered for electricity. The building boasts an on-site coin-operated laundry facility, plenty of outdoor space and off-street parking. The single-family house is a large 1,900+ square foot, three-bedroom / two-bathroom with an over-sized garage and private backyard. The finished basement of the house offers an additional living room with the opportunity for additional bedrooms. House is recently vacant and can be renovated as an owners unit or turned as a rental. Both structures are brick exterior with a newer pitched roof replaced in 2018, and share a large 0.42-acre corner lot which provides the opportunity for future redevelopment, zoned R-MF (Multifamily Residential). Tenants enjoy easy access to the many amenities offered in the surrounding area. To the east, Sloan's Lake offers numerous recreational activities and Edgewater's many popular shops and restaurants are a huge draw in the community. To the south, the revitalization of Colfax Avenue has expanded the opportunities of local residents for employment, dining, shopping and entertainment. Additionally, Colfax Avenue's close proximity means easy commuter access to the entire metropolitan Denver area, including a 10-minute drive directly into downtown.

New Home Sales Hours

Courtesy Of MARCUS & MILLICHAP INC
Source: REcolorado

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Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays Gas,Taxes,Trash Collection,Water
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective 1957
    Basement Details
    • Basement? No
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 4,806
    • Living Area, Finished
    • Above grade, Finished
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $202.46
    • PSF Finished $
    • PSF Above Grade $
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances
    • Building Class
    • Building Features Coin Laundry
    • Ceiling Height
    • Common Walls
    • Exclusions Tenant belongings
    • Flooring
    • Furnished
    • Interior Features
    • Laundry Availability
    • Security Features
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms:
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms:
    More Room Details

    Unit Information

    Summary

    • Number of Units 5
    • Number of Units Furnished
    • Number of Units Vacant 1
    • Unit Features
    Single Unit Details
    • Unit Type 1 Bedroom
    • Total Units 2
    • Average Rent
    • Average SqFt 600.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Quadplex Unit - 1 Bd/1 Ba
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit 2
    • Unit Type 2 Bedroom
    • Total Units 2
    • Average Rent
    • Average SqFt 800.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Quadplex Unit - 2 Bd/1 Ba
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit 2
    • Unit Type 3 Bedroom
    • Total Units 1
    • Average Rent
    • Average SqFt 1900.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Single Family Home - 3 Bd/2 Ba, 2-Car Garage, Partial Basement
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit 3

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels
    • Stories
    • Structure Type Low Rise (1-3)
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture
    • Construction Materials Brick
    • Foundation Details
    • Roof Composition
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features
    • Fencing
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features Corner Lot
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.42
    • Lot Size Dimensions
    • Lot Size SqFt 18,295
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $2,316,666.67
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access
    • Road Responsibility
    • Road Surface

    Parking/Garage

    Parking Space Summary

    • Parking Features
    • Total Parking Spaces 11
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 9
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling
    • Green Energy Efficient
    • Heating
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Public Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available 1
    • Water Source Public
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate 5.89
    • Cap Rate Calculation Proforma
    Actual expense details
    • Operating Expense $22249.00
    Commission Information
    • Buyer Agency Compensation 2.50%
    • Compensation Offered
    • Dual Variable Compensation No
    • Commission Modified NA
    • Closing Comments
    Income details
    • Actual Annual Net Income $55,156
    • Gross Income $77,405
    • Income Includes
    • Income Includes Description
    Landleasing details
    • Land Lease Amount
    • Land Lease Amount Frequency
    • Land Lease?
    Projected
    • Other Annual Income $
    • Potential Rental Income Annual $
    • Projected Annual Expense $22,861
    • Projected Annual Net Income $64,739
    • Projected Gross Income $87,600
    • Projected Gross Operating Income $
    • Projected Gross Scheduled Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $4,447
    • Legal Description SECTION 36 TOWNSHIP 03 RANGE 69 QTR SE SIZE: 18295 VALUE: .420 KEY=006
    • Tax Exemptions
    • Tax ID 058765
    • Tax Year 2019
    Other
    • Tenant Pays Cable TV,Electricity,Internet,Telephone
    • Utilities Metering
    • Utilities Paid By Tenant

    Neighborhood

    Summary

    • Building Name
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent NEC of 16th and Eaton
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use Residential
    • Incorporated? No
    • Zoning R-MF
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $1,100,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership
    • Possession
    • Special Listing Conditions
    • Year Built 1922

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    School Zone

    District:
    Schools: Elementary School, High School, Middle School

    Area Map

    Walk Score

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    0 description summary
    Walk Score

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