Homes for sale - 1675 Upham ST, Lakewood, CO 80214

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Source Home Group

homes@hirethebrokerage.com +1(970) 528-0604

$1,600,000

Est. payment - /mo

4,880 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,880 sqft

Price per Sqft $327

MLS Listing ID 9810597

HOA Y/N No

Year Built 1961

Annual Tax Amount $7,672

Tax Year 2025

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Multi Family

Source recolorado

Property Description

Cushman & Wakefield is proud to present 1675 Upham Street, a compelling value-add multifamily investment opportunity in the heart of Lakewood, Colorado - a high-demand submarket within the Denver Metro. This 8-unit, two-story brick apartment building, constructed in 1961, is strategically located just off Wadsworth Bouldevard and Colfax Avenue, offering both strong tenant demand and long-term upside potential. The unit mix consists of one studio, six 1-bedroom/1-bath units, and one 2-bedroom/1-bath unit, with an average unit size of 610 SF. Additionally, the ownership has recently implemented utility bill-backs to tenants, enhancing NOI with no operational distrubution. Recent capital improvements include a new roof, new boiler, updated gutters and downspouts, selective new appliances and fixtures, and the addition of six basement storage units-all contributing to stabilized operations and lower near-term capex exposure. With strong physical fundamentals and embedded income growth, 1675 Upham Street is ideally suited for an investor seeking durable in-place cash flow with a clear path to value creation through unit renovations and operational optimization.

Location

State CO

County Jefferson

Interior

Fireplace N

Exterior

Parking Features Asphalt

Roof Type Shingle

Total Parking Spaces 10

Garage No

Building

Sewer Public Sewer

Structure Type Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Cushman & Wakefield

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Source Home Group

+1(970) 528-0604

Agent | FA.100072314

Agent FA.100072314

1675 Upham ST Lakewood, CO 80214

Source Home Group

Key Details

Location

Interior

Exterior

Building

Others

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