Lakewood, CO 80226,85 Harlan ST
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Lakewood, CO 80226,85 Harlan ST
Lakewood, CO 80226,85 Harlan ST
Lakewood, CO 80226,85 Harlan ST
Lakewood, CO 80226,85 Harlan ST
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$ 1,595,000
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85 Harlan ST Lakewood, CO 80226

0.33 Acres Lot


UPDATED:

01/17/2025 05:40 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7028479

Style Urban Contemporary

HOA Y/N No

Originating Board recolorado

Year Built 1959

Annual Tax Amount $10,317

Tax Year 2023

Lot Size 0.330 Acres

Acres 0.33

Property Description

Listed by Altos Realty Advisors, this well-maintained, fully occupied 9-unit property offers consistent cash flow and exceptional upside potential. Featuring a desirable unit mix of 8 two-bedroom, one-bath units and 1 one-bedroom, one-bath unit, the property is priced at a 5.7% CAP rate with a market CAP rate opportunity exceeding 7%, making it a compelling investment in the thriving Lakewood area.

Located just minutes from Denver, the property provides easy access to major highways, public transportation, and the RTD light rail. The vibrant neighborhood attracts tenants with its proximity to the Belmar Shopping District, Sloan's Lake, and numerous parks and trails. With increasing rental demand and room for growth, this is a rare opportunity to secure a high-performing asset in a sought-after market.

For more information or to schedule a showing, contact Altos Realty Advisors today!

Location

State CO

County Jefferson

Interior

Fireplace N

Exterior

Parking Features Asphalt

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

Roof Type Membrane

Total Parking Spaces 12

Garage No

Building

Lot Description Sprinklers In Front

Sewer Public Sewer

Water Public

Structure Type Brick,Frame,Stucco

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


REColorado (REColorado MLS)
Listed by Altos Realty Advisors, Inc. • chrisk@goaltos.com
agent
Laura Karden

Agent | License ID: FA40632585

+1(970) 389-1543 | laura@idealascent.com

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85 Harlan ST