999 S Yarrow St Lakewood, CO 80226

Looking to collect some fantastic rental income? Turn-key, massive 3,577 square foot duplex located in Belmar! Two huge 3-Bedroom units! The 3Bed/2Bath upstairs unit has 1,807 square feet and currently rents for $2,200/month. The 3Bed/1Bath basement unit has 1,770 square feet and currently rents for $1,800/month! And both units have recently been completely remodeled with over $100,000 in updates since the property was listed last year. Brand new kitchens with new all new stainless-steel appliances - new refrigerator, new oven, new dishwashers, new granite countertops, new cabinets, new backsplash, & new light fixtures. Both units also have new hardwood flooring, new carpet, new paint, new doors & handles, and new bathrooms with new tile, new vanities, new mirrors, and new lighting. The downstairs unit was renovated within the last three months, so it is about as new as it gets. Since purchasing the property the seller has also updated the electrical panels, put in new windows, and made updates to the landscaping/yard. Tenants love the spacious feel of the units and the top unit has an enormous sunroom that's a big bonus. You can walk down the block to Belmar Park for a concert in the summertime and you're just across the street from all the shopping and dining in Belmar. Easy access to 6th Ave and downtown or the mountains. Fantastic duplex investment opportunity with solid rental history. Currently generates $4,000/month in gross rental income and there's room to raise those rents. Would also be great for a house hacker, to live in one unit and rent the other, and would make an awesome short-term rental. Sits on over a half acre with a huge driveway that tenants park on the opposite sides of. Detached two-car garage and an absolutely huge yard that currently is included with the top unit. Priced well - check out the comps of duplexes with similar square footage and again this one sits on a huge, over half-acre lot.