CO > Lakewood > Lakewood Terrace
Lakewood, CO 80226,245 Otis CT
Lakewood, CO 80226,245 Otis CT
Lakewood, CO 80226,245 Otis CT
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Natalie Olmsted

Natalie Olmsted

+1(719) 287-8067
$849,500
Est. payment /mo
6 Beds
6 Baths
3,576 SqFt
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UPDATED:

02/12/2025 07:23 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,576 sqft

Price per Sqft $237

Subdivision Lakewood Terrace

MLS Listing ID 7991142

Bedrooms 6

HOA Y/N No

Abv Grd Liv Area 2,462

Originating Board recolorado

Year Built 1971

Annual Tax Amount $3,413

Tax Year 2023

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Duplex

Property Description

Unlock Your Investment Potential with 245-255 Otis Duplex income property. This property currently has one unit occupied at $2,800 a month and the second unit purposely left vacant for a potential owner occupant. With dual income potential, you can live in one unit and rent out the other, or rent both while covering your mortgage and living expenses with ease. Both units feature modern kitchens with stainless steel appliances, contemporary bathrooms, and fresh finishes throughout, making them ideal for comfortable living. Spacious layouts fill each unit with natural light, creating inviting spaces. The duplex also offers privacy, with separate entrances for each unit, ideal for multi-generational living or renting. Located in a vibrant Lakewood neighborhood, you'll have easy access to shopping, dining, and public transportation. The backyard provides the perfect space to relax, entertain, and enjoy summer gatherings. This property qualifies for up to $13,000 in lender credit via the Community Reinvestment Act, see Agent remarks for details. Schedule your showing today and take the first step toward financial freedom with 245-255 Otis!

Location

State CO

County Jefferson

Rooms

Basement Finished

Interior

Heating Forced Air

Cooling None

Flooring Carpet, Laminate

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Range, Washer

Laundry In Unit

Exterior

Roof Type Architecural Shingle,Membrane

Total Parking Spaces 4

Garage No

Building

Lot Description Cul-De-Sac

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame

Schools

Elementary Schools Stein

Middle Schools Alameda Int'L

High Schools Alameda Int'L

School District Jefferson County R-1

Others

Senior Community No

Ownership Agent Owner

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by West Rock Realty, LLC • ANDYHICKSDENVER@GMAIL.COM,303-808-2217

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Natalie Olmsted

+1(719) 287-8067

Broker Associate | License ID: EA100055370

Broker Associate License ID: EA100055370

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