1022 S Arbutus Street, Lakewood, CO 80228
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
Listed by: brad uhligbrad@westpeakproperties.com,720-989-7727
Office: west peak properties
MLS#:1947817
Source:ML
Price summary
- Price:$835,000
- Price per sq. ft.:$272.88
About this home
Turnkey, income-producing side-by-side duplex ideally located at the base of Green Mountain Open Space in Lakewood. Just a short walk to the Green Mountain Trailhead! This well-maintained property features two 3-bedroom, 2-bath units, each offering a functional layout, single-car garage, and separate backyard. A rare combination that drives long-term tenant demand and retention.
One unit benefits from an expansive upper-level renovation that significantly enhances the living and dining area, adding increased usability. The property has been consistently well cared for, reducing near-term capital expenditure risk.
The duplex is fully occupied with tenants providing immediate cash flow and making it an excellent long-term hold for the savvy investor. The location is a major value driver, with close proximity to the Green Mountain recreation center, outdoor recreation, and highly desirable schools, including Green Mountain High School and D’Evelyn High School (ranked the #1 high school in Colorado by U.S. News & World Report).
A strong combination of location, unit mix, condition, and tenant appeal. This is a solid multifamily asset in one of Lakewood’s most sought-after foothill neighborhoods.
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Home facts
- Year built:1966
- Listing ID #:1947817
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Living area:3,060 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1966
- Building area:3,060 sq. ft.
- Lot area:0.2 Acres
Schools
- High school:Green Mountain
- Middle school:Dunstan
- Elementary school:Foothills
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$835,000
- Price per sq. ft.:$272.88
- Tax amount:$4,187 (2024)
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