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Home » Real Estate » CO » Lakewood » 80215 » 11508 W 16th Ave, Lakewood, CO, 80215
$2,300,000

11508 W 16th Ave, Lakewood, CO, 80215

15 Beds
20 Baths
7,538 Square Feet
Turn-Key, Fully Rented Investment Opportunity! Start collecting income the day you close on this newly completed 5-unit multi-family townhome complex. Each townhome boasts 1,500 sqft of modern living space, featuring 3 bedrooms and 4 bathrooms, with rental income of $2,900 - $3,100/month per unit. Includes a builder warranty. The property includes durable flooring throughout, in-unit laundry facilities, central air conditioning, and fully equipped kitchen. Located in the path of progress, just blocks away from the Light Rail Station and Denver Federal Center redevelopment. This property offers seamless investment potential-let the builder's loss be your gain! Don't miss out on this excellent opportunity to expand your portfolio with a high-demand rental property in a prime location.
Offered By
David Janis 3034425001, Coldwell Banker Realty-Boulder

Property Details

Property Type Residential Income
Status Active
Bedrooms 15
Property Sub Type Income Property
Square Feet 7,538
MLS # 1019299

Market Trends

New Properties On Market
15
88% Increase In New Listings
Average Asking Price
$649,280
$212,969 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$287
$58 Decrease In List Price/Sq. Ft.
Average Days On Market
17
22 Day Decrease In Days On Market
Data as of Nov 15, 2024. Remaining statistics above are calculated on activity within the period from Sep 01, 2024 to Oct 31, 2024.
Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 11/5/2024 at 5:50 pm