MLS# 5316022 – 717 Oak Street, Lakewood, CO 80215

Courtesy of Pinnacle Real Estate Advisors cknutson@pinnaclerea.com,303-962-9567

Property Description

Description

5,006 Sqft

12,632 Sqft lot

0.29 Acre lot

Status: Active

Property Type: Multi-family

Year Built: 1961

Days on Website: 11

Property Features • Great Unit Mix - Mostly 2Bd Units • On-Site Laundry and Individual Storage Lockers • Located in an Opportunity Zone on a Large Lot • Near Oak Street & Federal Center Light Rail Stations • Excellent Neighborhood Demographics: $94k Average Household Income within 2 Mile Radius • Great Location with Quick Access to 6th Avenue, Denver Federal Center, Belmar Shopping District and St. Anthony Hospital • Can Be Purchased with 5275 W 1st Avenue & 1360 Zephyr Street

Property Details and Features

Property Access

Road Frontage Type:

"Public"

Road Responsibility:

"Public Maintained Road"

Road Surface Type:

"Paved"

Building

Building Class:

Class C

Construction Materials:

"Frame"

Effective Year Built:

2022

Occupant Type:

Tenant (Multiple)

Structure Type:

"Low Rise (1-3)"

Total Area:

5006

Unit Count:

Unit Types:

"Array", "Array"

Built in 1961

6 total units

Disclosures

Attribution Contact:

cknutson@pinnaclerea.com,303-962-9567

Exclusions:

Tenant Possessions

Expenses

Operating Expense Includes:

"Accounting", "Advertising", "Insurance", "Maintenance", "Professional Management", "Real Estate Tax", "Utilities"

Operating Expense:

$30,811

Projected Annual Expense:

$34,771

Home Owner's Association

Association Fee Total Annual:

Association Fee Annual:

0.00

Association Fee 2 Annual Expense:

0.00

Association Fee 3 Annual Expense:

0.00

Income

Actual Annual Net Income:

74342.00

Gross Income:

$105,153

Projected Annual Net Income:

$79,380

Projected Gross Income:

$114,151

Listing

Listing Id:

REC5316022

Standard Status:

Active

Mls Status:

Active

Listing Contract Date:

2024-12-10

Listing Terms:

"Cash", "Conventional"

Original List Price:

$1,275,000

Location

County Or Parish:

Jefferson

Lot

Acres:

0.29

Area:

0.29

Features:

"Near Public Transit"

Parcel Number:

056275

Square Feet:

12632.4

Energy Saving

Green Verification Count:

Owner Pays

Owner Pays:

"Taxes", "Trash Collection", "Water"

Parking

Parking Total:

Carport Spaces:

Offstreet Spaces:

Reserved Spaces:

RV Spaces:

Parking Count:

Property

Current Use:

"Multi-Family"

Property Sub Type:

Multi-Family

Roof

Roof:

"Composition"

Sewer

Sewer:

"Public Sewer"

Taxes

Annual Amount:

7742

Legal Description:

SECTION 04 TOWNSHIP 04 RANGE 69 QTR SE SUBDIVISIONCD 489200 SUBDIVISIONNAME MAJESTIC HEIGHTS BLOCK 002 LOT 0009 SIZE: 9000 TRACT VALUE: .207 SECTION 04 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 489200 SUBDIVISIONNAME MAJESTIC HEIGHTS BLOCK 002 LOT 0008 SIZE : 3600 TRACT 00B VALUE: .083

Tax Year:

2023

Tenant Pays

Tenant Pays:

"Cable TV", "Electricity", "Gas", "Internet", "Telephone"

Utilities

Power Production Count:

Utilities:

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

Water Included

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Contact an Agent

719 582-6191 Email Me

Location

$1,275,000 -

717 Oak Street Lakewood , CO 80215

County Or Parish: Jefferson

717 Oak Street Lakewood , CO 80215

Property Description

Description

Open House

Open House

Property Details and Features

Property Details and Features

Contact an Agent

Location

Street View

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