Ignite FB Tracking Pixel1650 Vance Street, Lakewood, CO 80214 - Tom Reed
Legacy Real Estate Brokers Inc
Tom Reed, Legacy Real Estate Brokers IncPhone: (303) 521-5201
Email: [email protected]

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listing
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Single FamilySold
List Price $2,350,000
Sold Price $2,300,000
1650 Vance Street
Lakewood, CO 80214
Listed by: Pinnacle Real Estate Advisors, 303-962-9559
MLS: REcolorado
6,336Sq Ft
Est. Mortgage
$12,230/mo

• Very Attractive Financing: 3.22% Assumable Loan Fixed Through May 1, 2026 • 6.28% Current CAP Rate • Multiple Income Sources: (3) Adjacent 4-Plexes + (10) Garages + Large Workshop • Potential Covered-Land Play: Excellent Zoning (R-MF) on 0.64 Acres Allows for a 48 Unit Apartment Redevelopment • Opportunity to Split Property Into (3) 4-Plexes & Sell Off Individual 4-Plexes • Many Recent Capital Improvements Including New: Windows, Electrical Panels, Exterior Paint & Numerous Interior Updates • City Mandated Residential Growth Restrictions Will Rapidly Increase Rents & Values in Lakewood • Proforma Rents Already Being Achieved • Short Walk to Wadsworth Light Rail Station, Large Retail, Restaurants and Employment Centers

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Information courtesy of Pinnacle Real Estate Advisors is subject to verification and is not guaranteed.
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