558 Gray Court, Lakewood

$930,000

6 Beds
6 Baths
3,532 Sqft
.28 Acres
3 Garages

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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.

Essential Information
MLS® #2666149
Price$930,000
Bedrooms6
Bathrooms6.00
Square Footage3,532
Acres0.28
Year Built1962
TypeResidential Income
Sub-TypeDuplex
StatusPending
Community Information
Address558 Gray Court
SubdivisionBirdsell
CityLakewood
CountyJefferson
StateCO
Zip Code80226
Amenities
ViewCity
Utilities

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

Interior
HeatingForced Air
CoolingCentral Air
StoriesTwo
Appliances

Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range Hood, Refrigerator

Exterior
Lot DescriptionCul-De-Sac
RoofComposition
FoundationSlab
Exterior Features

Balcony, Private Yard, Rain Gutters

School Information
DistrictJefferson County R-1
ElementaryDeane
MiddleAlameda Int'l
HighAlameda Int'l
Additional Information
Date ListedMarch 21st, 2024
ZoningRes
Parking Spaces3
# of Garages3
Parking

Asphalt, Dry Walled, Exterior Access Door, Finished, Heated Garage, Lighted

Listing Details
OfficeCoutts & Company Realty
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