Lakewood, CO 80226,85 Harlan ST
Lakewood, CO 80226,85 Harlan ST
Lakewood, CO 80226,85 Harlan ST
Lakewood, CO 80226,85 Harlan ST
Lakewood, CO 80226,85 Harlan ST
Lakewood, CO 80226,85 Harlan ST
Jess Munsterman
Jess Munsterman

Broker Associate

+1(303) 257-2284

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$ 1,507,500

$ 1,595,000 5.5%

Est. payment | /mo

7,128 SqFt


$ 1,507,500

$ 1,595,000 5.5%

Est. payment | /mo

7,128 SqFt

Key Details

Sold Price $1,507,500

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,128 sqft

Price per Sqft $211

MLS Listing ID 7028479

Sold Date 04/24/25

Style Urban Contemporary

HOA Y/N No

Year Built 1959

Annual Tax Amount $10,317

Tax Year 2023

Lot Size 0.328 Acres

Acres 0.33

Property Sub-Type Multi Family

Source recolorado

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
Bought with NON MLS PARTICIPANT

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85 Harlan ST