For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,555,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,600 sqft
Price per Sqft $235
MLS Listing ID 5038511
Year Built 1962
Annual Tax Amount $8,362
Tax Year 2024
Lot Size 0.345 Acres
Property Sub-Type Multi Family
Property Description
Introducing CEDAR ARMS, a charming 7-unit apartment community nestled at 206 S Pierce Street in Lakewood, CO. This property, featuring 2-bedroom, 1-bath units of around 900 sqft each, offers a lucrative investment opportunity with modern amenities and recent renovations. The exterior boasts low-maintenance brick construction with a new roof, while interiors showcase updated kitchens with newer appliances, LVP flooring, and more. Residents enjoy ample closet space, a well-maintained laundry facility, and abundant parking on the premises. Conveniently located just five miles west of downtown Denver and a mile east of Belmar Redevelopment, Cedar Arms is an ideal fit for hands-on owners looking for great returns. With a solid rent schedule and a prime location near shopping districts, this property stands out as a promising prospect in Lakewood's real estate market.
Location
State CO
County Jefferson
Exterior
Exterior Feature Balcony
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Summit Realty Partners
Get More Information
