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289 South Hoyt Street, Lakewood, CO 80226

$975,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 0.04 Acres
289 South Hoyt Street, Lakewood, CO 80226View this property at 289 South Hoyt Street, Lakewood, CO 80226
289 South Hoyt StreetLakewoodCO80226
Property Description
* Very unique student housing investment opportunity offering one building containing four (4) individual condo units built in 1981. Each condo has 3 bedrooms and 1 3/4 baths. * Colorado Christian University (CCU) is located approximately three (3) blocks to the east of the subject property and currently has a master lease on all of the four (4) units. The current Lease expires on June 30, 2018. * CCU is responsible for all the utilities, insurance, snow and trash removal, interior and exterior lighting, janitorial, minor plumbing repairs, furnace and a/c filter replacement, broken glass (not covered by insurance), annual carpet cleaning and annual preventative maintenance of the boilers, water heaters and a/c. * Owner is responsible for
the Real Estate Taxes (2016: $4,867.78), HOA dues $100 per month and repairs over $2,500 per occurrence. * Current rental income is $5,200/per month for all four (4) units. * Great opportunity for a turn key investment.

Full Property Details for 289 S Hoyt St

General

  • Price: $975,000
  • HOA FEE: $100/month
  • HOA FEE FREQ.: Annual
  • Taxes: $1,185 (2016)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 9565589
  • Updated: 7/19/2018
  • Added: 350 day(s) ago

Parking

  • Total Spaces: 6

Location

  • County: Jefferson
  • Neighborhood: Lakewood

School Information

  • School District: Jefferson County R-1
  • Elementary School: South Lakewood
  • Middle School: Creighton
  • High School: Lakewood

Community

  • Association: Yes
  • Assoc. Name: Campus West Condominium Association

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Forced Air
  • Heating Fuel: Electric, Gas

Structural Information

  • Construction: Frame
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: None
  • Roof: Composition Shingles
  • Square Feet: 5,766
  • Sq. Ft. Source: County Records
  • Above Ground: 5,766 Sq. Ft.
  • Finished Total: 5,766 Sq. Ft.
  • Year Built: 1981

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,774
  • Zoning: M-R-S

Financial Considerations

  • Association Fee: $1,200
  • Assoc Fee Freq.: Annual
  • Tax Amount: $1,185
  • Tax Year: 2016
  • Terms: $64, 400 Annual Income

Disclosures and Reports

  • APN: 448359

Listed by Fairbairn Commercial Inc

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Schools

Schools serving 289 S Hoyt St

School District:Jeffco Public Schools
Score
Name
Grades
Distance
5
8425 W 1st Ave, Lakewood, CO 80226
K-6
0.8 mi
4
50 S Kipling St, Lakewood, CO 80226
7-8
0.4 mi
7
9700 W 8th Ave, Lakewood, CO 80215
9-12
1.1 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 289 S Hoyt St Get Price Alerts

Date
Details
Price
Change
Source
7/29/2011
Sold
$630,000
296.85%
Public Record
3/30/2007
Sold
$158,750
Public Record
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 289 S Hoyt St

Listed by Fairbairn Commercial Inc

289 South Hoyt Street, Lakewood, CO 80226 (MLS# 9565589) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 289 South Hoyt Street is currently listed for $975,000 and was received on August 29, 2017. Want to learn more about 289 South Hoyt Street? Do you have questions about finding other Multi-Family real estate for sale in Lakewood? You can browse all Lakewood real estate or contact a Coldwell Banker agent to request more information.