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     Lou Bissett Phone: (303) 882-1191

Mobile Phone: (303) 921-5367
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289 South Hoyt Street, Lakewood, CO 80226
Listing# 9565589
Price: $975,000
Bedrooms: 12
Full Bathrooms: 7
Total Square Feet: 5766
Type: Income
School District: Jefferson County R-1
County: Jefferson
    Photo of home for sale at 289 Hoyt Street South, Lakewood CO


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* Very unique student housing investment opportunity offering one building containing four (4) individual condo units built in 1981. Each condo has 3 bedrooms and 1 3/4 baths. * Colorado Christian University (CCU) is located approximately three (3) blocks to the east of the subject property and currently has a master lease on all of the four (4) units. The current Lease expires on June 30, 2018. * CCU is responsible for all the utilities, insurance, snow and trash removal, interior and exterior lighting, janitorial, minor plumbing repairs, furnace and a/c filter replacement, broken glass (not covered by insurance), annual carpet cleaning and annual preventative maintenance of the boilers, water heaters and a/c. * Owner is responsible for the Real Estate Taxes (2016: $4,867.78), HOA dues $100 per month and repairs over $2,500 per occurrence. * Current rental income is $5,200/per month for all four (4) units. * Great opportunity for a turn key investment.

Property Type:Income
Property SubType:Income
Listing Status:Active
Year Built:1981
Total Square Feet:5766
Roofing:Composition Shingles
Heating:Forced Air
HOA Fee Includes:Exterior Maintenance w/ Roof, Snow Removal
Total Bedrooms:12
Total Bathrooms: 7
Elementary School:South Lakewood
Jr High School:Creighton
High School:Lakewood
School District:Jefferson County R-1
Listing Price:$975,000
Annual Taxes:$1,185
Tax Year:2016
HOA Total Fees:$1,200
HOA Fee Paid:Annual
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