For Sale
$1,400,000

950 Allison StLakewood, CO 80214

Six-unit multi-family, high rental potential.

Overview

Added:
Feb 3
Days on market:
61
This exceptional six-unit multi-family property located at 950 Allison Street in Lakewood, Colorado, presents a compelling investment opportunity. The 6,960 square foot property boasts a desirable unit mix, including four spacious two-bedroom units and two three-bedroom units. Each unit is thoughtfully designed with its own private garage, enhancing tenant appeal and providing valuable storage space. The floor plans are efficient and feature attractive hardwood floors. Both front and back door entries provide convenient access, and each unit enjoys a private backyard, offering a peaceful, country-like setting despite its proximity to urban amenities. In-unit laundry hook-ups are a key feature, adding to the convenience and desirability of each rental. Individual gas and electric meters ensure efficient utility management, with tenants responsible for their own consumption. The property has been exceptionally well-maintained, eliminating any deferred maintenance concerns. However, the potential for interior upgrades presents a clear path to increase rental income and further enhance the property's value. The property's location offers the best of both worlds: a tranquil atmosphere combined with easy access to public transportation via a nearby light rail station and convenient access to Highway 6. This property is an ideal investment for those seeking a strong, stable asset with significant upside potential for long-term growth and profitability.

Property Details for 950 Allison St

Property type
Multifamily properties
Square Feet
6,960 SF
Year Built
1950

Location Insight

City
Lakewood
County
Jefferson
State
Colorado
Latitude
39.73214
Longitude
-105.0859
950 Allison St, Lakewood, Colorado

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950 Allison St
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