1597 Reed Street

Lakewood, CO 80214
Beds
7
Square Ft.
2,555
$750,000
Fully occupied 4-plex investment opportunity. Centrally located in the 40West Arts District in Lakewood, CO. Half mile from the Wadsworth RTD Light rail station.
Market LogoCourtesy of Fuller Real Estate Llc [email protected]
Listing Snapshot
Days Online
179
Last Updated
Property Type
Quadruplex
Beds
7
Square Ft.
2,555
Lot Size
0.18 Acres
Year Built
1963
MLS Number
8573758
30 Days Snapshot Of 80214
$593k
-20%
(avg) sold price
19
+46%
homes sold
97
+38%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Responsibility: "Public Maintained Road"
Appliances & Equipment
"Dishwasher", "Range", "Refrigerator"
Building
Above Grade Finished Area: 2555, Common Walls: "End Unit", "1 Common Wall", "2+ Common Walls", Construction Materials: "Frame", Direction Faces: South, Entry Level: 1, Entry Location: Ground, Levels: "One", Living Area: 2555, Occupant Type: Tenant, Structure Type: "Quadruplex", Total Area: 2555, Unit Count: 2, Unit Types: "Array", "Array", Built in 1963
Cooling
Cooling: "Central Air"
Disclosures
Exclusions: Tenants and Owners personal property.
Fence
Fencing: "Partial"
Floors
Flooring: "Carpet"
Heating
Heating: "Electric"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Projected Annual Net Income: $50,739
Laundry
Features: "In Unit"
Lot
Acres: 0.18, Area: 0.18, Features: "Corner Lot", "Near Public Transit", Parcel Number: 39-354-15-010, Square Feet: 7840.8
Energy Saving
Green Verification Count: 0
Owner Pays
Owner Pays: "Exterior Maintenance", "Insurance", "Taxes", Ownership: Corporation/Trust
Parking
Parking Total: 9, Carport Spaces: 0, Offstreet Spaces: 9, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1, Features: "Asphalt"
Property
Incorporated, Livable Structure Count: 0, Out Building Count: 0, Property Sub Type: Quadruplex
Roof
Roof: "Composition"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 3689.18, Legal Description: UNITS I, 2, 3 AND 4, REED STREET MINI OFFICE CONDOMINIUM IN ACCORDANCE WITH THE DECLARATION RECORDED APRIL 13, 1982 AT RECEPTION NO. 82024644 AND CONDOMINIUM MAP RECORDED ON APRIL 13, 1982 AT RECEPTION NO. 82024645 OF THE JEFFERSON COUNTY RECORDS, COUNTY OF JEFFERSON, STATE OF COLORADO., Tax Year: 2024
Tenant Pays
Tenant Pays: "Cable TV", "Electricity", "Gas", "Internet", "Telephone", "Water"
Utilities
Electric: "Single Phase", Power Production Count: 0, Utilities: "Cable Available", "Electricity Connected", "Phone Available", Utility Billing To Tenants: Direct Billing from Utility, Utility Metering: Separate Electric, Separate Gas, Water Source: "Public"
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Sarah Manshel
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.