Lakewood, CO 80214,2070 Teller St

$1,080,000

$1,125,000

4.0%
Est.Price: ?

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Est. payment /mo

6 Beds

4 Baths

3,375 SqFt


SOLD DATE : 10/05/2023

Key Details

Sold Price $1,080,000

Property Type Single Family Home

Sub Type Attached Dwelling

Listing Status Sold

Purchase Type For Sale

Square Footage 3,375 sqft

Subdivision Grandview Acres

MLS Listing ID 3167511

Sold Date 10/05/23

Style Ranch

Bedrooms 6

HOA Y/N false

Abv Grd Liv Area 3,375

Originating Board REcolorado

Year Built 1943

Annual Tax Amount $5,792

Lot Size 0.680 Acres

Acres 0.68

Property Description

Exciting Equity Opportunity in a Serene Setting!

Discover this remarkable property, spanning .68 acres of peaceful land, ideally located near 20th and Teller Street. Currently boasting four separate structures with addressees, this investment presents endless possibilities.

The main residence features a spacious 4-bedroom, 2-bathroom layout with a convenient two-car garage, providing a comfortable and inviting space. The backyard of 2074 Teller is very roomy and private.

As you turn off Teller St down the new gravel driveway, a charming 2-bedroom, 1-bathroom single-family home (2070 Teller St) awaits, with great potential for higher rental income.

But that's not all! This property also boasts a full duplex, with each side offering a 1-bedroom plus office and bathroom unit. Each unit comes with ample tenant parking, making it an attractive prospect for renters.

Beyond the established structures, you'll find a distinctive dome-shaped building that was previously used as an ADU (Accessory Dwelling Unit). While it lacks its own address and utilities, the seller designates it as an outbuilding or shed. The creative potential of this unique space is limited only by your imagination.

Currently, the duplex units are leased on a month-to-month basis, offering immediate income, but the possibilities don't end there. Whether you're looking to generate passive income, pursue a fix-and-flip project, or envision a brand new development on this expansive lot, the choice is yours.

Nestled just West of Sloan's Lake in an area experiencing desirable growth, this location is ripe with value. Surrounding properties on Teller St have seen impressive improvements and new developments, further adding to the investment potential.

Please note that all buildings are being sold AS-IS. Don't miss this golden chance to explore this extraordinary property's potential. Schedule a tour today and unlock the incredible possibilities that await!

Location

State CO

County Jefferson

Area Metro Denver

Zoning Residential

Interior

Heating Forced Air, Hot Water

Fireplaces Type Single Fireplace

Fireplace true

Appliance Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer

Exterior

Garage Spaces 2.0

Fence Partial

Utilities Available Electricity Available

Waterfront false

Roof Type Composition,Other

Street Surface Gravel

Handicap Access Level Lot

Porch Patio

Building

Lot Description Level

Story 1

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories One

Structure Type Wood/Frame,Brick/Brick Veneer,Block,Stucco,Wood Siding

New Construction false

Schools

Elementary Schools Lumberg

Middle Schools Jefferson

High Schools Jefferson

School District Jefferson County R-1

Others

Senior Community false

SqFt Source Appraiser

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)
Listed by RE/MAX Professionals • [email protected],303-929-6689
Bought with Colorado Home Realty
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Making real estate fun, simple and stress-free!

+1(303) 858-8100

[email protected]

8300 East Maplewood Avenue, Suite 100, Village, CO, 80111

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