For Sale
$1,300,000

1628 Eaton StLakewood, CO 80214

Five-unit property, prime location. High rental income potential.

Overview

Added:
Feb 3
Days on market:
61
This exceptional investment opportunity presents a rare .42-acre corner lot in Lakewood's desirable Edgewater/Sloan's Lake area. The property comprises a five-unit complex: a four-plex and a single-family home. The four-plex features two one-bedroom, one-bathroom units and two renovated two-bedroom, one-bathroom units, each boasting updated windows and new electrical panels. Individual electric meters are installed for each unit, and the building includes an on-site coin-operated laundry facility, ample outdoor space, and off-street parking. The single-family home, remodeled in 2020, offers 1,800 square feet of living space, three bedrooms, two bathrooms, a dedicated washer/dryer, an oversized garage, and a private backyard. Both buildings received new roofs in 2018. The property is zoned R-MF (Multi-Family Residential), allowing for potential subdivision or redevelopment. Its prime location offers residents easy access to Sloan's Lake recreational amenities, the vibrant Edgewater neighborhood's shops and restaurants, and the revitalized Colfax Avenue, providing diverse dining, shopping, and entertainment options. Downtown Denver is a short 10-minute drive away. This combination of location, existing income-generating units, and redevelopment potential makes this a truly exceptional investment opportunity in a highly sought-after Denver area. The total square footage is 4,806. The asking price is $1,300,000.

Property Details for 1628 Eaton St

Property type
Multifamily properties
Square Feet
4,806 SF
Year Built
1922

Location Insight

City
Lakewood
County
Jefferson
State
Colorado
Latitude
39.74246
Longitude
-105.0586
1628 Eaton St, Lakewood, Colorado

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1628 Eaton St
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