Property Description

Turnkey 4-Plex Investment Opportunity in a Prime Lakewood Location! Tucked away on a quiet cul-de-sac, this fully occupied property offers immediate cash flow, stable tenancy, and outstanding long-term investment potential. The property features four 1-bedroom, 1-bathroom units, with three of the four units thoughtfully remodeled, providing updated interiors while preserving additional value-add potential in the remaining unit. Residents enjoy the convenience of an on-site laundry facility, one dedicated off-street parking space per unit, and an unbeatable location just minutes from Light Rail, major highways, Downtown Denver, Colorado Mills, shopping, dining, and entertainment. This high-demand rental location continues to attract tenants seeking convenient access throughout the Denver metro area. Significant capital improvements have already been completed, including newer roof, boiler, hot water heater, plumbing, and exterior paint. All four units are currently occupied with leases in place, allowing investors to benefit from immediate, consistent income from day one. Located within Lakewood's M-R-U (Mixed-Use Residential Urban) zoning district, the property also offers compelling future upside. The area is experiencing ongoing redevelopment, including newly constructed multifamily residential projects nearby, highlighting the continued growth and desirability of this corridor. Buyers may explore future redevelopment, expansion, or higher-density residential possibilities. The combination of a sought-after Lakewood location, recent unit upgrades, dedicated parking, stable occupancy, and potential long-term redevelopment opportunities makes this a rare investment offering with both current income and future upside. Whether you're expanding an existing portfolio, completing a 1031 exchange, or seeking a well-positioned multifamily asset in a rapidly evolving submarket, this presents an exceptional opportunity!!