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Property profile & analytics
OFF-MARKET
Residential income homes

1357 Chase St Lakewood, CO 80214

0.18 ac lot Built 1940
Property ID
US13-0551405
Property summary
AI-generated overview

This exceptional Lakewood investment opportunity presents two completely renovated single-family homes situated on an oversized 0.182-acre lot. The main house at 1357 Chase Street boasts 2 bedrooms, 1 bathroom, original hardwood floors, a brand-new kitchen with quartz countertops and stainless-steel appliances, a large basement with laundry and bonus room, and a fully fenced backyard with a shed. A new roof and hot water heater have recently been installed. The detached accessory dwelling unit (ADU) at 1357 1/2 boasts its own private entrance, fenced yard, and parking. This updated ADU features a great floor plan with ample natural light, a new kitchen with updated counters and appliances, new carpet and vinyl flooring, a large bedroom with a loft, a spacious den with vaulted ceilings, and a washer/dryer closet. Both properties offer significant rental income potential, whether through long-term leases, short-term rentals (subject to Lakewood regulations), or a combination of both. The property's prime location, just blocks from the light rail station and with easy access to I-70, I-25, downtown Denver, the mountains, and Sloan's Lake, ensures high demand and strong rental rates. Built in 1940, this property offers a rare chance to own two homes on one lot, providing exceptional flexibility and investment potential. The property includes two separate APNs: 057888 and 49-011-09-011. The asking price is $860,000.

Property profile
Verified
Property type Residential income homes
Year built 1940
Lot 0.18 ac (7,928 SF)
APN 057888 ; 49-011-09-011
UPID US13-0551405
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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