$1,650,000
For Sale

206 S Pierce Street

Lakewood, CO 80226
6600 sqft | 0.35 acres | #5038511
Listing OfficeLREI
Browse 17 photos
Type:Purchase
Structure:5+ Family
Zone:Commercial

Description

Introducing CEDAR ARMS, a charming 7-unit apartment community nestled at 206 S Pierce Street in Lakewood, CO. This property, featuring 2-bedroom, 1-bath units of around 900 sqft each, offers a lucrative investment opportunity with modern amenities and recent renovations. The exterior boasts low-maintenance brick construction with a new roof, while interiors showcase updated kitchens with newer appliances, LVP flooring, and more. Residents enjoy ample closet space, a well-maintained laundry facility, and abundant parking on the premises. Conveniently located just five miles west of downtown Denver and a mile east of Belmar Redevelopment, Cedar Arms is an ideal fit for hands-on owners looking for great returns. With a solid rent schedule and a prime location near shopping districts, this property stands out as a promising prospect in Lakewood's real estate market.

  • Property Details
      • Structure TypeLow Rise (1-3)
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti Family
      • Original List Price$1,650,000
      • CountyJefferson
      • Property TypePurchase
      • Exterior MaterialsBalcony
      • MLS #5038511
      • Cost1650000
      • MLS #5038511
      • Utility SourcePublic
      • Taxes Annual$8,362
      • Acres0.35
      • Square Feet6600
      • Year Built1962

Location

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Last Updated: . Source: RECOLORADO

Listing Courtesy
Listing Agent: John Laratta (#REC043285)
Listing Office: LREI (#RECLREI5)

Yellow Dog GroupReal Estate Group
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The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO©. Real estate listings held by brokers other than REColorado (MTOMLS) - 6 - COname are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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