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989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
989 Upham Court
VIEW PHOTOS
$900,000

989 Upham Court

9 Beds 5 Baths 3,455 Sq.Ft.

Description

Fully updated and professionally managed turn-key brick 4-plex just 3 blocks from the light rail. Easy access to Belmar, CCU, Red Rocks Community College, and 6th Ave. Actual as-is cap rate of 5.59% and could go up to 6.38% cap rate with self-management. One vacant unit as of July 1st provides an opportunity for an owner/manager to live on-site if desired. Shared laundry area for all 4 units and 8 off-street parking spaces. Awesome opportunity to get into a 4-unit property and get residential financing vs commercial financing for 5+ unit properties.

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Location

989 Upham Court, Lakewood, CO 80214

Status

Sold
David J. O'Brien

David J. O'Brien

TITLE

Broker Associate

Property Amenities

Interior
Laundry room Common Area, Main Level
Appliances Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
Flooring Laminate
Total Bedrooms: 9
Other Interior Features Quartz Counters, Smoke Free
Area & Lot
Lot Area 0.33 Acres
Living area 3,455 Sq.Ft.
MLS® ID 9631315
Year Built 1956
School District Jefferson County R-1
High School Lakewood
Middle School Creighton
Elementary School Molholm
Architecture Styles Contemporary
Type Multi-Family
Status Sold
Exterior
Stories 1
Air conditioning None
Heat type Forced Air, Natural Gas
Disability Features Accessible Approach with Ramp
Water Source Public
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Public Sewer
Other Exterior Features Rain Gutters
Parking Asphalt
Lot Features Level
Roof Composition
Utilities Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Finance
Sales Price $900,000
Real Estate Tax $6,072 yearly

Work With Us

Our energy and enthusiasm shine through in our work for buyers and sellers. We know that listening is the best way to understand our client’s needs and we work with an unrivaled sense of personal commitment to producing results.