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2070 Teller ST Lakewood, CO 80214
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Key Details
Sold Price $1,080,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,375 sqft
Price per Sqft $320
Subdivision Grandview Acres
MLS Listing ID 3167511
Bedrooms 6
Year Built 1943
Annual Tax Amount $5,792
Tax Year 2022
Lot Size 0.680 Acres
Property Description
Exciting Equity Opportunity in a Serene Setting!
Discover this remarkable property, spanning .68 acres of peaceful land, ideally located near 20th and Teller Street. Currently boasting four separate structures with addressees, this investment presents endless possibilities.
The main residence features a spacious 4-bedroom, 2-bathroom layout with a convenient two-car garage, providing a comfortable and inviting space. The backyard of 2074 Teller is very roomy and private.
As you turn off Teller St down the new gravel driveway, a charming 2-bedroom, 1-bathroom single-family home (2070 Teller St) awaits, with great potential for higher rental income.
But that's not all! This property also boasts a full duplex, with each side offering a 1-bedroom plus office and bathroom unit. Each unit comes with ample tenant parking, making it an attractive prospect for renters.
Beyond the established structures, you'll find a distinctive dome-shaped building that was previously used as an ADU (Accessory Dwelling Unit). While it lacks its own address and utilities, the seller designates it as an outbuilding or shed. The creative potential of this unique space is limited only by your imagination.
Currently, the duplex units are leased on a month-to-month basis, offering immediate income, but the possibilities don't end there. Whether you're looking to generate passive income, pursue a fix-and-flip project, or envision a brand new development on this expansive lot, the choice is yours.
Nestled just West of Sloan's Lake in an area experiencing desirable growth, this location is ripe with value. Surrounding properties on Teller St have seen impressive improvements and new developments, further adding to the investment potential.
Please note that all buildings are being sold AS-IS. Don't miss this golden chance to explore this extraordinary property's potential. Schedule a tour today and unlock the incredible possibilities that await!
Location
State CO
County Jefferson
Zoning Residential
Interior
Heating Forced Air, Hot Water
Cooling None
Flooring Carpet, Laminate, Tile, Vinyl, Wood
Fireplaces Number 1
Fireplaces Type Family Room
Exterior
Exterior Feature Private Yard
Garage Driveway-Gravel
Garage Spaces 2.0
Fence Partial
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Composition, Unknown
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Structure Type Block, Brick, Frame, Stucco, Wood Siding
Schools
Elementary Schools Lumberg
Middle Schools Jefferson
High Schools Jefferson
School District Jefferson County R-1
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo
Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Colorado Home Realty
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