7013 W Colfax Avenue

Lakewood, CO 80214
Square Ft.
4,392
$2,000,000
Located within the 40 West Arts District on W. Colfax Ave, between the Walmart Super Center and Casa Bonita, this parcel offers a prime location for conducting a Value-Add Investment on the existing 18 rental units or the opportunity to redevelop for multi-family housing. The .94 acres has approximately ½Read MoreRead Less
Market LogoCourtesy of Fuller Real Estate Llc [email protected]
Listing Snapshot
Days Online
1
Last Updated
Property Type
Multi Family
Square Ft.
4,392
Lot Size
0.94 Acres
Year Built
1938
MLS Number
3904620
30 Days Snapshot Of 80214
$680k
+26%
(avg) sold price
17
-5%
homes sold
78
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: "Public", Road Responsibility: "Public Maintained Road", Road Surface Type: "Paved"
Building
Architectural Style: "Traditional", Building Class: Class C, Building Name: Kings Rest, Construction Materials: "Block", "Brick", Effective Year Built: 2025, Features: "Coin Laundry", "Laundry", "On Site Management", "Wi-Fi", Occupant Type: Tenant, Stories: 1, Structure Type: "Low Rise (1-3)", Total Area: 4392, Unit Count: 1, Unit Types: "Array", Units Furnished Total: 18, Built in 1938, 18 total units, 2 vacant units
Disclosures
Exclusions: Seller Personal Property
Expenses
Operating Expense Includes: "Cable TV", "Insurance", "Internet", "Maintenance", "Real Estate Tax", "Utilities", Projected Annual Expense: $50,825
Exterior Features
Features: "Dog Run", "Garden"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Projected Gross Income: $205,740
Lot
Acres: 0.94, Area: 0.94, Features: "Near Public Transit", Parcel Number: 052404, Square Feet: 40946.4
Energy Saving
Green Verification Count: 0
Owner Pays
Owner Pays: "Cable TV", "Electricity", "Gas", "Internet", "Taxes", "Trash Collection", "Water"
Parking
Parking Total: 20, Carport Spaces: 0, Offstreet Spaces: 20, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1, Features: "Concrete"
Property
Current Use: "Multi-Family", Property Sub Type: Multi Family, Zoning: M-G-U (Lakewood)
Roof
Roof: "Membrane"
Security Features
Features: "Closed Circuit Camera(s)", "Smoke Detector(s)"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 12750, Legal Description: SECTION 35 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 294200 SUBDIVISIONNAME GRANDVIEW ACRES BLOCK 001 LOT SIZE: 29450 TRACT 005 VALUE: .676 SECTION 35 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 294200 SUBDIVISIONNAME GRANDVIEW ACRES BLOCK 003 LOT SIZE: 11470 TRACT 005 VALUE: .263, Tax Year: 2024
Utilities
Power Production Count: 0, Utilities: "Cable Available", "Electricity Connected", "Internet Access (Wired)", "Natural Gas Available", "Sewer Connected", Water Included, Water Source: "Public"
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.