40 S Garrison Street, Denver, CO 80226

$789,000
8
BD
4
BA
3,982
SqFt

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Courtesy of Madison & Company Properties . brandon.svitak@madisonprops.com

List Price
$789,000
Type
Multifamily
Status
ACTIVE
MLS Number
2168618
Finished Sqft
3,982
Above Grade Sqft
2137
Total Sqft
3982
Subdivision
none
Sub-Area
none
Year Built
1968

Property Description

Bring your offer! **Appraised at $820,000** Great Lakewood income producing duplex for a handy investor. 40 S Garrison is the larger side, 5 bedrooms and 2 baths (the 5th is non conforming) with an attached 2 car garage. 50 S Garrison has 3 bedrooms and 2 baths with its own 1 car garage. Each unit gets its own private yard and covered patio, plus there's plenty of extra parking out front for tenants or guests. Each side has its own mailing address. Gas and electric are separately metered for each unit. Water is shared. The roof was done in 2017 and both furnaces were replaced in 2021, so the big ticket items are already handled while you focus your sweat equity where it counts. This one's set up well for a house hack too. Fix up and move into one side, rent out the other, and let your tenant help cover the mortgage while you build equity.

Additional Information

School District
Jefferson County R-1
Elementary School
South Lakewood
Middle School
Creighton
High School
Lakewood
Garage Spaces
3
Parking Spaces
3
Parking Features
Gravel, Oversized
Style
Bungalow
Basement
Finished
Basement Finished
Yes
Lot Size
21,780
Acres
0.50
Taxes
$4,661
Tax Year
2025

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Calculator source: Real Geeks


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