558 Gray Ct
Lakewood, CO 80226

  • 6 beds
  • 6 baths
  • 3,532 sqft
  • 11,979 sqft lot
  • $263 per sqft
  • 1962 build
  • on site

. 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.

Information and Realestate Services logo Listing courtesy of IRES

Last checked: Checking… • Last updated Apr 26, 2024 •

MLS# 2666149 —

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Sale history

Date Event Source Price % Change
3/21/24
Listed / Active IRES $930,000

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$930,000

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Listing provided by broker:

Jeff Coutts

mrsoldmakesdeals@gmail.com,720-341-8118

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This multifamily located in Molholm, Lakewood, CO 80226 is currently for sale for $930,000. 558 Gray Ct is a 3,532 square foot multifamily with 6 beds and 6 baths that has been on Estately for 38 days. 558 Gray Ct is in the Molholm neighborhood of Lakewood and has a WalkScore® of 32, making it car-dependent. This multifamily is in the attendance area of Brady Exploration, Stein Elementary School, Dennison Elementary School, Alameda International Junior/Senior High School, Warren Tech, Mclain High School, Long View High School, and The Manning School.

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