245 Otis Ct

Lakewood, CO 80226
Square Ft.
3,576
$729,500
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. ThisRead MoreRead Less
Courtesy of Andrew Hicks, West Rock Realty, LLC, [email protected],303-808-2217.
Listing Snapshot
Days Online
8
Last Updated
Property Type
Income Property
Square Ft.
3,576
Lot Size
0.3 Acres
Year Built
1971
MLS Number
9991869
30 Days Snapshot Of 80226
$583k
+6%
(avg) sold price
23
-8%
homes sold
52
+30%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Dishwasher", "Washer", "Dryer", "Disposal"
Basement
Basement: "Partially Finished"
Building
3576 total sqft, Living Area: 3576, Above Grade Finished Area: 2462, Below Grade Finished Area: 1114, Building Area Total: 3576, Construction Materials: "Wood/Frame", Levels: "Two", Stories: 2, Structure Type: "Duplex", Year Built: 1971
Expenses
Operating Expense: $5,284
Garage
Type: Carport, Covered Spaces: 4, Garage Spaces: 4
Water Features
Has Water Rights: No, Water Source: "City Water"
Heating
"Forced Air"
Income
Gross Income: $55,320, Net Operating Income: $50,036
Lot
0 acres, 13068 sqft, Area: 13068, Features: "Cul-De-Sac"
Property
Property Condition: "Not New, Previously Owned", Crops: None
Roof
"Rubber", "Fiberglass"
Sewer
"City Sewer", "Public Sewer"
Taxes
Tax Annual Amount: 3413, Tax Year: 2023
Tenant Pays
Tenant Pays: "Gas", "Electricity", "Water", "Trash Collection"
Unit One
Rent: $2,305, Bedrooms: 3, Total Baths: 3, 1788 estimated sqft
Unit Three
Number 3 Bedroom Units: 2
Utilities
Electric: "Separate Meter Electricity", Gas: "Separate Meter Gas"
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Adam Schwartz
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