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1628 Eaton St
Lakewood, CO 80214
Multifamily Property For Sale · 5 Units

Investment Highlights

  • Value-Add Opportunity in Popular Edgewater Location
  • All Brick Exterior with Newer Pitched Roofs
  • On-Site Income-Producing Laundry with Property-Owned Machines
  • Five Units Total; Four Units Plus Large 3BD/2BA Single-Family House with Garage
  • Large 0.42 Acre Corner Lot; Future Development Opportunity
  • Walking Distance to Sloan's Lake, Edgewater Restaurants, and Shopping

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.42 AC
Building Size 4,650 SF
No. Stories 2
Year Built 1922
Zoning 4-R

About 1628 EATON ST , LAKEWOOD, CO 80214

1628 Eaton Street is a five-unit multifamily community well-located in the popular Edgewater area of Lakewood, Colorado. The property is comprised of a four-unit building on Eaton Street and a single-family house on 16th Avenue. Both structures share a large 0.42-acre corner lot which provides the opportunity for future redevelopment. The four-unit consists of two (2) one-bedroom / one-bathroom units and two (2) two-bedroom / one-bathroom units. Each unit is individually metered for electricity. The building boasts an on-site coin-operated laundry facility, plenty of outdoor space and off-street parking. The single-family house is a large 1,900+ square foot, three-bedroom / two-bathroom with an oversized garage and private backyard. The finished basement of the house offers an additional living room with the opportunity for additional bedrooms. Both structures are brick exterior with a newer pitched roof replaced in 2018. Tenants enjoy easy access to the many amenities offered in the surrounding area. To the east, Sloan's Lake offers numerous recreational activities and Edgewater's many popular shops and restaurants are a huge draw in the community. To the south, the revitalization of Colfax Avenue has expanded the opportunities of local residents for employment, dining, shopping and entertainment. Additionally, Colfax Avenue's close proximity means easy commuter access to the entire metropolitan Denver area, including a 10-minute drive directly into downtown.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $1,145 550 - 625
2+1 2 $1,250 750 - 825
3+2 1 $1,825 1,900

Property Taxes

Property Taxes

Parcel Number
39-364-00-007
Land Assessment
$24,515
Improvements Assessment
$35,597
Total Assessment
$60,112
  • Listing ID: 19063370

  • Date on Market: 3/31/2020

  • Last Updated:

  • Address: 1628 Eaton St, Lakewood, CO 80214

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