For Sale
$860,000

1357 Chase StLakewood, CO 80214

Two renovated homes, huge potential!

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Lakewood investment opportunity presents two completely renovated single-family homes situated on an oversized 0.182-acre lot. The main house at 1357 Chase Street boasts 2 bedrooms, 1 bathroom, original hardwood floors, a brand-new kitchen with quartz countertops and stainless-steel appliances, a large basement with laundry and bonus room, and a fully fenced backyard with a shed. A new roof and hot water heater have recently been installed. The detached accessory dwelling unit (ADU) at 1357 1/2 boasts its own private entrance, fenced yard, and parking. This updated ADU features a great floor plan with ample natural light, a new kitchen with updated counters and appliances, new carpet and vinyl flooring, a large bedroom with a loft, a spacious den with vaulted ceilings, and a washer/dryer closet. Both properties offer significant rental income potential, whether through long-term leases, short-term rentals (subject to Lakewood regulations), or a combination of both. The property's prime location, just blocks from the light rail station and with easy access to I-70, I-25, downtown Denver, the mountains, and Sloan's Lake, ensures high demand and strong rental rates. Built in 1940, this property offers a rare chance to own two homes on one lot, providing exceptional flexibility and investment potential. The property includes two separate APNs: 057888 and 49-011-09-011. The asking price is $860,000.

Highlights

  • $860,000 asking price for a multifamily property.
  • Two single-family homes on a 0.182-acre lot in Lakewood, CO.
  • Completely renovated homes, one with 2 bedrooms, 1 bath, and a basement; the other (ADU) with 1 bedroom, a loft, and a den.
  • Both homes feature updated kitchens and bathrooms.
  • Excellent location near light rail, I-70, I-25, and Sloan's Lake.

Property Details for 1357 Chase St

Property type
Residential income homes
Year Built
1940
Buildings
2
Stories
1
Lot Size (sq. ft)
7,928 SF

Location Insight

City
Lakewood
County
Jefferson
State
Colorado
Latitude
39.7380621
Longitude
-105.0570149
1357 Chase St, Lakewood, Colorado

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1357 Chase St
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