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Beth Erickson Sand Denver Real Estate Agent - 720.353.2384

MLS: 6585488     $750,000
6 Bedrooms with 2 Baths

MLS: 6585488 Condo For Sale
5645 W 5TH AVE 5645 & 5655 LAKEWOOD CO 80226
LAKEWOOD CO 80226

MLS:  6585488
Status:  ACTIVE
List Price:  $750,000
Price per SQFT:  $446
Square Footage:  1682

6 Bedrooms
2 Baths
Year Built:  1965
Zip Code:  80226

 

Listing Remarks

"CALLING OUT" TO ALL LANDLORDS & INVESTORS. Amazing opportunity to own BOTH SIDES of a "VERY RENTABLE LAKEWOOD DUPLEX" which has been a hugely successful income stream for the past two decades. 5655 W 5th AVE is currently empty & staged for viewings 5645 is currently rented on a month to month lease & the current renters would like to stay if the buyers is willing to create a new lease & keep them on. They have been excellent tenants for the past 3 years & have been maintaining the yard to the highest of standards. Each side of the duplex (which are mirror images of each other) feature an open floor plan; the kitchen, through to the dining area, to the living room at the front, South facing so floods the home w/natural sun light. 2 nice sized bedrooms and a full bath complete the main level. Freshly painted with all appliances included. Both sides are in excellent condition & have been meticulously cared for over the years by the current owners. Each unit boasts their own A/C systems & sump pumps. In 5645 the owners have added 2 additional non-conforming, but very usable bedrooms, to the partially finished basement. Each bsmnt offers up over 800 sqft a piece w/tons of potential for further build out & increased income stream. Currently they house laundry, a huge amount of flex space. In the past few years single sides of these Lakewood duplexes (their are many of them in the area) have sold for over $500 K so the asking price for BOTH sides @ $750K is arguably a screaming deal. Live in one rent out the other or start your rental portfolio off with a bang. Easy access to the mountains & Downtown Denver via Sheridan and 6th Ave Parkway. Parking is Plentiful w/each unit's attached one car garage.+ two additional driveway spaces & parking for two more vehicles in the "street bays" directly in front of the units. NOTE:5th AVE is nicely buffered by the office retail buildings & open space to the North. HURRY! Opportunity knocks.......experience & vision opens the door!

Address: 5645 W 5TH AVE 5645 & 5655 LAKEWOOD CO 80226 LAKEWOOD CO 80226

MLS Logo  Listing Courtesy of Compass - Denver 303-536-1786

Condo Mania Agent

Featured Real Estate Agent Beth Sand

Beth Sand

LIV Sotheby's International Realty
Broker Associate
Phone: 720.353.2384

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Listing Photos

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Listing Details

STATUS:Active
SPECIAL LISTING CONDITIONS:Private Owner
LISTING CONTRACT DATE:2025-06-11
BEDROOMS:6
BATHROOMS FULL:2
BATHROOMS THREE QUARTER:0
BATHROOMS HALF:0
LIVING AREA SQ FT:1682
BUILDING AREA TOTAL:1682
YEAR BUILT:1965
TAXES:$3,357
APPLIANCES INCLUDED:Dishwasher, Refrigerator, Washer, Dryer, Disposal
ARCHITECTURAL STYLE:Contemporary/Modern, Ranch
CONSTRUCTION:Brick/Brick Veneer
EXTERIOR FEATURES:Private Yard
HEATING:Forced Air
COOLING:Room Air Conditioner
INTERIOR FEATURES:Open Floorplan
LAUNDRY FEATURES:In Basement
LOT FEATURES:Gutters
# GARAGE SPACES:2
PROPERTY TYPE:Attached Dwelling
PROPERTY SUB TYPE:Attached Dwelling
ROOF:Composition
DIRECTION FACES:South
LISTING AGENT:PAUL BISHOP
LISTING OFFICE:COMPASS - DENVER

Estimated Monthly Payments

List Price:$750,000
20% Down Payment:$150,000
Loan Amount:$600,000
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$3,792

Estimate does not include taxes, fees, insurance.

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Property Location: 5645 W 5TH AVE 5645 & 5655 LAKEWOOD CO 80226 LAKEWOOD CO 80226


Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 1 mi

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Condo Mania Agent

Featured Real Estate Agent Beth Sand

Beth Sand

LIV Sotheby's International Realty
Broker Associate
Phone: 720.353.2384

Contact Us

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Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. All information subject to change and should be independently verified.

Fair Housing All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

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Last Updated: 2025-06-15 04:36:46