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$930,000
257 Days On Site

558 Gray Court
Lakewood, CO 80226

For Sale|Duplex|Active Under Contract
6
Beds
6
Full Baths
0
Partial Baths
3,532
SqFt
$263
/SqFt
1962
Built
Subdivision:
Birdsell
County:
Jefferson

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558 Gray Court558 Gray Court558 Gray Court558 Gray Court
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. Great property offered at below market rates....Zillow value estimate $936,500....Buy this and have built in equity!!! Discover a lucrative investment opportunity in Lakewood, CO with 558 Gray Court. This income-generating residential duplex in the desirable Birdsell subdivision offers two spacious units, each with 3 bedrooms and modern amenities. The property features a total of 3 garage spaces and sits on a cul-de-sac lot spanning 0.28 acres. Showcasing a profitable cap rate of 5.16%, 558 Gray Court presents a solid financial prospect with a proforma gross annual income of $54,000. Tenants enjoy separate utility metering and pay for most services directly, minimizing expenses for the owner. The property boasts a central location with a walk score of 32 and is conveniently close to bus stops. With a well-maintained interior including finished basements and updated appliances, this property is a turnkey investment opportunity. Don't miss out on owning this income-generating asset in Lakewood.

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Listing Snapshot
Price 
$930,000
Days On Site 
257 Days
Bedrooms 
6
Inside Area (SqFt) 
3,532 sqft
Total Baths 
6
Full Baths 
6
Partial Baths 
N/A
Lot Size 
0.28 Acres
Year Built 
1962
MLS® Number 
2666149
Status 
Active Under Contract
Property Tax 
$3,284
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
7 months agoStatus changed to Active Under Contract
8 months agoListing first seen on site
General Features
Acres 
0.28
Attached Garage 
Yes
Contingency 
Kickout - Contingent on home sale
Direction Faces 
South
Foundation 
Slab
Garage 
Yes
Garage Spaces 
3
Parking 
AsphaltHeated GarageLightedAttached
Parking Spaces 
3
Property Condition 
Updated/Remodeled
Property Sub Type 
Duplex
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
SqFt Above 
2063
SqFt Below 
1469
SqFt Total 
4021
Stories 
Two
Utilities 
Natural Gas AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedPhone Available
Water Source 
Public
Zoning 
Res
Interior Features
Appliances 
DishwasherDisposalGas Water HeaterMicrowaveOvenRange HoodRefrigerator
Basement 
Finished
Cooling 
Central Air
Flooring 
CarpetTile
Heating 
Forced Air
Laundry Features 
In Basement
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Exterior Features
Construction Details 
BrickFrame
Exterior 
BalconyPrivate YardRain Gutters
Fencing 
Partial
Lot Features 
Cul-De-Sac
Patio And Porch 
CoveredDeck
Roof 
Composition
View 
City
Waterview 
City
Community Features
Financing Terms Available 
1031 ExchangeCashConventionalFHAVA Loan
School District 
Jefferson County R-1
Schools
School District
Jefferson County R-1
Elementary School
Deane
Middle School
Alameda Int'l
High School
Alameda Int'l
Listing courtesy of Coutts & Company Realty 7203418118



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Neighborhood & Commute
Source: Walkscore
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