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Source Home Group

admin@sourceofhome.com +1(970) 528-0604

$500,000

Est. payment - /mo

5 Beds

3 Baths

2,320 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,320 sqft

Price per Sqft $215

Subdivision West Colfax

MLS Listing ID 8493041

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1939

Lot Size 6,621 Sqft

Acres 0.15

Property Sub-Type Single Family Residence

Property Description

What if your guests paid your mortgage? The lower level of this home has its own private entrance, and Airbnb comps say it grosses $4,200 a month. Every month you rent, you pay someone else's mortgage, get your own home for what could be free!
Six nearby 2-bedroom Airbnb shows that this lower level could MAKE YOU about $50,432 a year. Mortgage payment is roughly $3,900. Airbnb income potential income is $4,202.75 a month, you could make $302.75 a month and live for FREE! On paper, the downstairs covers the payment while you live upstairs. That is living for free in Lakewood.
Read that again. Most buyers stretch for a payment and hope their raise keeps up. Here, the payment has its own income stream built in.

It works because the house is already set up like a duplex: two full kitchens, two laundry rooms, two separate entrances. No conversion, no permits, no waiting. The lower level has already rented long-term at $2,000 a month, so even the backup plan cuts your payment roughly in half.

You live upstairs in three bedrooms and a full bath, real everyday space, not a floor plan bent around a rental. Lower Level Guests get two bedrooms, a two full baths, and their own kitchen behind a private entrance downstairs. The two halves never cross paths.

HUGE two-car garage in the back yard, PLUS a carport keeps your cars and your guests' cars off the street.
9.5 acre Mountair Park 250 fee away, and Downtown Denver just up the street, perfect for a Airbnb or Mother law suit.

Solid, maintained home with a newer roof and original character intact. Airbnb it. House hack it. Rent it long-term. Or give your mother in law or teenager family their own front door. Want options? This home is it.

Lakewood permits short-term rentals in the owner's primary residence with a city license; see MLS supplements. Book your showing this week and let your guests pay for your home, and have HUGE garage to store all the toys you can buy with all the extra $$.

Location

State CO

County Jefferson

Rooms

Basement Finished, Full

Interior

Interior Features Ceiling Fan(s), Granite Counters

Heating Forced Air

Cooling Central Air

Flooring Carpet, Laminate, Tile, Wood

Appliance Dishwasher, Microwave, Oven, Refrigerator

Laundry In Unit

Exterior

Exterior Feature Private Yard, Rain Gutters

Garage Spaces 2.0

Carport Spaces 1

Fence Full

Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected

Waterfront Description Public

Roof Type Shingle

Porch Covered

Private Pool No

Building

Lot Description Landscaped, Level

Story Two

Sewer Public Sewer

Water Public

Schools

School District Elementary: Jefferson County R-1, Middle/Junior: Jefferson County R-1, High: Jefferson County R-1

Others

Senior Community No

Tax ID 058012

Special Listing Condition None Known

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Listed byBrokers Guild Real Estate

Nearby School & Business

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Source Home Group

+1(970) 528-0604

Agent FA.100072314

1435 Eaton ST Denver, CO 80214

Source Home Group

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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