Lakewood, CO 80226,245 Otis
Lakewood, CO 80226,245 Otis
Lakewood, CO 80226,245 Otis
Lakewood, CO 80226,245 Otis
Lakewood, CO 80226,245 Otis
Lakewood, CO 80226,245 Otis
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$ 729,500
Est. payment | /mo

6 Beds

6 Baths

3,576 SqFt


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$ 729,500
Est. payment | /mo
Save

6 Beds

6 Baths

3,576 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,576 sqft

Subdivision Lakewood Terrace

MLS Listing ID IRE9991869

Bedrooms 6

HOA Y/N No

Year Built 1971

Annual Tax Amount $3,413

Tax Year 2023

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Duplex

Source ires

Property Description

Unlock the income potential of this fully occupied duplex in the heart of Lakewood. Both units are leased and feature modern kitchens with stainless steel appliances, updated bathrooms, and fresh finishes, ensuring long-term tenant appeal and low maintenance. Spacious, light-filled layouts and private entrances enhance functionality and rental value. This property offers excellent flexibility-perfect for steady cash flow, multi-generational living, or a combination of personal use and rental income. The backyard adds tenant desirability with space for outdoor enjoyment. Positioned in a strong rental market with convenient access to shopping, dining, and public transportation, this duplex is a turnkey addition to any portfolio. Schedule your showing today and secure 245-255 Otis as your next investment. Pre-qual or proof of funds required prior to scheduling showings since both units are occupied.

Location

State CO

County Jefferson

Community Lakewood Terrace

Area Metro Denver

Rooms

Basement Partially Finished

Interior

Heating Forced Air

Appliance Dishwasher, Washer, Dryer, Disposal, Fire Alarm

Exterior

Garage Spaces 4.0

Utilities Available Separate Meter Electricity, Separate Meter Gas

View Y/N No

Roof Type Rubber,Fiberglass

Garage Yes

Building

Lot Description Cul-De-Sac

Sewer Public Sewer

Water City

Level or Stories Two

Structure Type Frame

New Construction false

Schools

Elementary Schools Stein

Middle Schools Alameda Int'L

High Schools Jefferson Dist R-1

School District Jefferson Dist R-1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Other Owner

Information and Real Estate Services (IRES)
Listed by Andrew Hicks

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245 Otis