Lakewood, CO 80214,2070 Teller ST
Lakewood, CO 80214,2070 Teller ST
Lakewood, CO 80214,2070 Teller ST
Lakewood, CO 80214,2070 Teller ST
Lakewood, CO 80214,2070 Teller ST
Lakewood, CO 80214,2070 Teller ST
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$1,080,000

$1,125,000

4.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6 Beds

4 Baths

3,375 SqFt


SOLD DATE : 10/05/2023

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

Sold Date 10/05/23

Bedrooms 6

HOA Y/N No

Originating Board recolorado

Year Built 1943

Annual Tax Amount $5,792

Tax Year 2022

Lot Size 0.680 Acres

Acres 0.68

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

Interior Features Smoke Free

Heating Forced Air, Hot Water

Cooling None

Flooring Carpet, Laminate, Tile, Vinyl, Wood

Fireplaces Number 1

Fireplaces Type Family Room

Fireplace Y

Appliance Dishwasher, Dryer, Gas Water Heater, Oven, Refrigerator, Self Cleaning Oven, Washer

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

Parking Type Driveway-Gravel

Total Parking Spaces 2

Garage Yes

Building

Lot Description Level

Story One

Sewer Public Sewer

Water Public

Level or Stories One

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

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by RE/MAX Professionals • mollyvhenry@gmail.com,303-929-6689
Bought with Colorado Home Realty

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Matt Thomas

Consultant | Broker Associate | FA100030130

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