Lakewood, CO 80226,117-119 Teller ST
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Lakewood, CO 80226,117-119 Teller ST
Lakewood, CO 80226,117-119 Teller ST
Lakewood, CO 80226,117-119 Teller ST
Lakewood, CO 80226,117-119 Teller ST

$804,000

Est. payment /mo

$775,000

3.7%
Est.Price: ?

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117-119 Teller ST Lakewood, CO 80226

6 Beds

4 Baths

4,088 SqFt

SOLD DATE : 02/01/2024

Key Details

Sold Price $804,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,088 sqft

Price per Sqft $196

Subdivision Lakewood Gardens

MLS Listing ID 5717808

Sold Date 02/01/24

Style Traditional

Bedrooms 6

HOA Y/N No

Originating Board recolorado

Year Built 1979

Annual Tax Amount $3,541

Tax Year 2022

Lot Size 0.340 Acres

Acres 0.34

Property Description

Unlock the door to a prime investment opportunity! This duplex, nestled in the heart of Lakewood, promises both immediate returns and future potential. Boasting a successful rental history under the current ownership, seize the moment as one side stands vacant – the ideal juncture for a savvy investor. A traditional side-by-side bi-level duplex w/ unmatched square footage for the area. Stellar location fronting O'Kane Park, residents enjoy the park's amenities, including tennis & basketball courts, a serene pond w/ fountain, paved walking paths, playground, pavilion equipped with grills & picnic tables. Each unit is just over 2000 finished square feet, practical layout with 3 bedrooms on each side and 2 bathrooms, totaling 6 beds/4 baths. The north unit offers attached garage for convenience. Ample off-street parking for both residences. Ready for immediate occupancy, the building and grounds are in good condition. Both units offer a large backyards, fenced and pet-friendly. The upper levels boast a sunlit family room, spacious primary bedroom + full bathrooms on each side. The lower levels offer generously sized great room, two additional bedrooms, and 3/4 bathrooms–a perfect blend of comfort and functionality. Outstanding accessibility to public transportation, a great highway access, proximity to dining, shops, and conveniences, this duplex definitely has convenient living. Explore financing options catering to VA/FHA primary residential buyers looking to owner-occupy + take advantage of low property taxes and insurance costs that contribute to the unit's profitability when rented. No HOA adds to the appeal. For those with an eye on expansion, investigate the potential for a 4-plex or parcel split, possibly selling each side separately? Live on one side & rent the other, the possibilities are vast for the discerning buyer. Two hour notice is required, to extend respect to the current tenant residing in 117. Act now & make this duplex your next prosperous venture!

Location

State CO

County Jefferson

Zoning Duplex Residential

Interior

Interior Features Eat-in Kitchen, High Speed Internet, Laminate Counters, Open Floorplan

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Linoleum, Tile

Fireplace Y

Appliance Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer

Laundry In Unit, Laundry Closet

Exterior

Exterior Feature Private Yard, Rain Gutters

Garage Concrete, Driveway-Gravel, Storage

Garage Spaces 1.0

Fence Full

Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected

Roof Type Composition

Parking Type Concrete, Driveway-Gravel, Storage

Total Parking Spaces 7

Garage Yes

Building

Lot Description Greenbelt, Level, Near Public Transit

Story Split Entry (Bi-Level)

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Split Entry (Bi-Level)

Structure Type Brick,Cement Siding,Frame

Schools

Elementary Schools South Lakewood

Middle Schools Alameda Int'L

High Schools Alameda Int'L

School District Jefferson County R-1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Pets Description Yes

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REColorado (REColorado MLS)
Listed by RE/MAX ALLIANCE • [email protected],303-456-2111
Bought with Milehimodern

Rick Cavallaro

Broker/Founder | License ID: ER.040020925

+1(303) 641-1632

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