1950 Independence, Lakewood, CO 80215
1950 Independence, Lakewood, CO 80215
1950 Independence, Lakewood, CO 80215
1950 Independence, Lakewood, CO 80215
1950 Independence, Lakewood, CO 80215
1950 Independence, Lakewood, CO 80215
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$ 640,000
Est. payment | /mo

5 Beds

3 Baths

3,452 SqFt


$ 640,000
Est. payment | /mo

5 Beds

3 Baths

3,452 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,452 sqft

Subdivision Lorraine

MLS Listing ID IRE6011062

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1960

Annual Tax Amount $7,708

Tax Year 2025

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Single Family Residence

Source ires

Property Description

MUST WATCH VIDEO VOICEOVER WALKING TOUR! Click the Virtual Tour link or search the property address on YouTube to watch the full tour! Great investment opportunity with this classic 1960 brick ranch-style duplex offering two spacious units, each with its own garage space in the shared two-car garage. Unit 1950 features 3 bedrooms, 2 bathrooms and a basement, while unit 1960 unit offers 2 bedrooms and 1 bathroom. Both units feature functional kitchens, reasonably maintained bathrooms and tremendous potential with some cosmetic updating. New flooring is needed in portions of the property, making this an excellent opportunity to add value through improvements. Recent exterior upgrades include a brand-new concrete driveway and new front walkways. Attractive brick construction, gas hot water heat and separate water heaters for each unit, installed in 2019 and 2020. The heating boiler may need servicing or replacement. Based on preliminary rental research, potential rents are roughly estimated at approximately $2,000 to $2,500 per unit monthly, depending on unit size, condition and improvements. Buyers should independently verify rental potential and property condition. A wonderful opportunity to own a classic duplex with strong income potential and room to build equity through thoughtful improvements. Property is being sold by the Jefferson County Deputy Public Administrator.

Location

State CO

County Jefferson

Community Lorraine

Area Metro Denver

Direction 20th & Kipling, go east to Independence St and turn right, property on you left

Rooms

Family Room 1

Basement Partial, Partially Finished, Slab

Interior

Heating Forced Air

Cooling Evaporative Cooling

Appliance Dishwasher, Washer, Dryer, Disposal

Exterior

Parking Features Attached

Garage Spaces 2.0

Fence Fenced

Utilities Available Natural Gas Available, Electricity Available

View Y/N No

Roof Type Composition

Porch Patio

Garage Yes

Building

Lot Description Level, House Faces West, Paved

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Concrete

New Construction false

Schools

Elementary Schools Slater

Middle Schools Creighton

High Schools Jefferson Dist R-1

School District Jefferson Dist R-1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Private Owner

Virtual Tour https://youtu.be/MnKiwGDLsZ4?si=TT_l6u08GM94Lb2Q

Information and Real Estate Services (IRES)
Listed by Jim Urban

Nearby Locations

Tucker Scoma

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1950 Independence