Lakewood, CO 80226,206 S Pierce ST
Lakewood, CO 80226,206 S Pierce ST
Lakewood, CO 80226,206 S Pierce ST
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$1,650,000
Est. payment /mo
6,600 SqFt
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,600 sqft

Price per Sqft $250

MLS Listing ID 5038511

HOA Y/N No

Year Built 1962

Annual Tax Amount $8,362

Tax Year 2024

Lot Size 0.345 Acres

Acres 0.35

Property Sub-Type Multi Family

Source recolorado

Property Description

Introducing CEDAR ARMS, a charming 7-unit apartment community nestled at 206 S Pierce Street in Lakewood, CO. This property, featuring 2-bedroom, 1-bath units of around 900 sqft each, offers a lucrative investment opportunity with modern amenities and recent renovations. The exterior boasts low-maintenance brick construction with a new roof, while interiors showcase updated kitchens with newer appliances, LVP flooring, and more. Residents enjoy ample closet space, a well-maintained laundry facility, and abundant parking on the premises. Conveniently located just five miles west of downtown Denver and a mile east of Belmar Redevelopment, Cedar Arms is an ideal fit for hands-on owners looking for great returns. With a solid rent schedule and a prime location near shopping districts, this property stands out as a promising prospect in Lakewood's real estate market.

Location

State CO

County Jefferson

Interior

Fireplace N

Exterior

Exterior Feature Balcony

Total Parking Spaces 7

Garage No

Building

Sewer Public Sewer

Water Public

Others

Special Listing Condition None


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REColorado (REColorado MLS)
Listed by LREI
agent-avatar

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

 

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

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206 S Pierce ST