253 S Lamar Street Lakewood, CO
$ 2,050,000
Property Attributes
  • MLS#6840373
  • TypeCommercial
  • CityLakewood
  • Zip80226
  • StyleLowRise
  • Year Built1960
  • Taxes$ 9793
  • Price$ 2,050,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6349
  • Lot Size0.719927 Acres
Listing Provided Courtesy Of:
Shames Makovsky Realty Company
Data Source:
REColorado (MTOMLS)
Property Description

New Price !! 5.60% Cap! Turn-Key Asset in Desirable Location with a mix of Spacious 1 & 2 bedroom units. Well-Maintained Building in Excellent Condition with Newer Roof (2018). Property has benefited from high occupancy and low turnover under current ownership. Several of the units have been updated allowing for new ownership to make additional improvements to remaining units while increasing rents. Turnkey Property with Spacious 2 Bedroom Units and Ample Off Street Parking Several units recently updated with several more ready to be improved Conveniently located between Sheridan and Wadsworth Blvd., near many retail Amenities Lakewood Initiative limits the number of new units that can be built per year creating more demand on existing units Updated Investment Property; Low Maintenance Property in Excellent Condition Located less than 1 mile from Belmar Crossing with many National retailers including Whole Foods, Dicks Sporting Goods and Best Buy

Price History
11/10/2021 Listed $2,150,000
1/18/2022 5% - $2,050,000

General Features

Architectural Style LowRise
Attached Garage No
Building Features Storage
Carport Spaces 0.0
Carport Y/N No
City Lakewood
Construction Materials Brick, Block
County Jefferson
Current Use MultiFamily
Days on Market 69
Garage Spaces 0.0
Garage Y/N No
Grossincome 147540.0
Lease Considered Y/N No
Levels Two
Lot Size Square Feet 31360.0
Occupant Type Tenant
Operatingexpense 32528.0
Ownerpays Electricity, Taxes, Water
Possession Negotiable
Property Sub Type Additional MultiFamily
Property SubType MultiFamily
Property Type CommercialSale
Sewer PublicSewer
Standard Status Active
Status Active
Stories 2
Street Name Lamar
Structure Type LowRise
Tax Annual Amount 9793.0
Tax Year 2020
Tenant Pays CableTV, Electricity, Internet, Telephone
Terms Cash, Conventional
Total Units 9
Utilities CableAvailable, ElectricityAvailable, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected
Walk Score 74
Year Built 1960

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 6349.0
Covered Spaces 0.0
Lot Features SprinklersInFront
Lot Size Acres 0.72
Lot Size Area 0.72
Lot Size Units Acres
Road Frontage Type PublicRoad
Road Responsibility PublicMaintainedRoad
Road Surface Type Paved
Total Parking 16.0
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 80226

AVG $860K
AVG $5,558
AVG 25
Year Built
AVG 1971
AVG 61
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.