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  4. Exterior
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RECOLORADO logo

Status: Active

5645 W 5th Ave 
Lakewood, CO 80226

$750,000

------/mo*
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"CALLING OUT" TO ALL LANDLORDS & INVESTORS. Amazing opportunity to own BOTH SIDES of a "VERY RENTABLE LAKEWOOD DUPLEX" which has been a hugely successful income stream for the past two decades. 5655 W 5th AVE is currently empty & staged for viewings 5645 is currently rented on a month to month lease & the current renters would like to stay if the buyers is willing to create a new lease & keep them on. They have been excellent tenants for the past 3 years & have been maintaining the yard to the highest of standards. Each side of the duplex (which are mirror images of each other) feature an open floor plan; the kitchen, through to the dining area, to the living room at the front, South facing so floods the home w/natural sun light. 2 nice sized bedrooms and a full bath complete the main level. Freshly painted with all appliances included. Both sides are in excellent condition & have been meticulously cared for over the years by the current owners. Each unit boasts their own A/C systems & sump pumps. In 5645 the owners have added 2 additional non-conforming, but very usable bedrooms, to the partially finished basement. Each bsmnt offers up over 800 sqft a piece w/tons of potential for further build out & increased income stream. Currently they house laundry, a huge amount of flex space. In the past few years single sides of these Lakewood duplexes (their are many of them in the area) have sold for over $500 K so the asking price for BOTH sides @ $750K is arguably a screaming deal. Live in one rent out the other or start your rental portfolio off with a bang. Easy access to the mountains & Downtown Denver via Sheridan and 6th Ave Parkway. Parking is Plentiful w/each unit's attached one car garage.+ two additional driveway spaces & parking for two more vehicles in the "street bays" directly in front of the units. NOTE:5th AVE is nicely buffered by the office retail buildings & open space to the North. HURRY! Opportunity knocks.......experience & vision opens the door!
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Bedrooms
6
Baths
2
House Size
3,364 sqft
Year Built
1965
Lot Size
0.27 ac
School District
Jefferson County R-1

Location

Market Insights

In the last 30 days, homes for sale in North Alameda, Lakewood, CO were on the market for a median of 71 days and 0% of homes sold above list price.

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Interior Information

appliances
Cooktop
Dishwasher
Disposal
Dryer
Oven
Range
Refrigerator
Sump Pump
Washer
basement
2 Bedrooms
0 Bathrooms
Bath/stubbed
Full
Sump Pump
Unfinished
features
Open Floorplan
Smoke Free
flooring
Carpet
Vinyl
Heating & Cooling
Air Conditioning-room
Forced Air
Natural Gas
laundry
In Unit
main level
4 Bedrooms
2 Bathrooms
upper level
0 Bedrooms
0 Bathrooms
windows
Window Coverings

Exterior Information

features
Garden
Private Yard
Rain Gutters
Front Porch
Patio
fence
Full

Property Information

architectural style
Mid-century Modern
construction
Brick
foundation
Structural
lot
Near Public Transit
neighborhood
Lakewood
parking
8 Spaces
road
Public
Paved
roof
Composition
sewer
Public Sewer
stories
One
utilities
Cable Available
Electricity Available
Electricity Connected
Natural Gas Available
Natural Gas Connected
Phone Available
  • Listed By Paul Bishop
  • paulbishop745@hotmail.com
  • (303) 536-1786
  • Compass - Denver
  • (303) 536-1786
  • MLS 6585488

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$3,357 (+0.5%)$234,332$373,390$607,722 (0%)
2023$3,340 (+21.5%)$234,332$373,390$607,722 (+38.7%)
2022$2,749 (0%)$193,755$244,429$438,184 (0%)
2021$2,749 (-3.5%)$193,755$244,429$438,184 (+9.9%)
2020$2,850$172,747$226,004$398,751

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$4,431

30 year fixed·6.9% interest rate
Principal & Interest
$3,952
Property Taxes
$280
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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