5530 W 3rd Pl, Lakewood, CO 80226

$800,000
8
BD
4
BA
3,000
SqFt

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Listing courtesy of Charles Burkhart.

charles.burkhart@marcusmillichap.com,214-336-6064

List Price
$800,000
Status
ACTIVE
Price Change
▲ $20,000 1791507179
MLS#
8194077
Subtype
Residential Income
Year Built
1961
Bedrooms
8
Bathrooms
4
Living Area
3,000
Acres
0.18
Subdivision
754800 TITTES
Neighborhood
Metro16/JSC
MLS Area Major
Metro Denver

Property Description

5530 W 3rd Pl presents investors with the opportunity to acquire a well-located workforce housing asset in the central Lakewood corridor with a clear path to income growth through below-market in-place rents. With rents materially below renovated comparable properties, a new owner can achieve meaningful NOI expansion through modest interior improvements and natural lease rollover, delivering early yield growth within a stable renter demand segment.

Additional Information

Taxes
$5,084
Heating
Forced Air
Levels
One
Roof
Other
Parking Features
None
School District
Jefferson Dist R-1
Elementary School
Deane
Middle School
Alameda Int'l
High School
Alameda Int'l

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