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120 Jay St, Lakewood, CO

$1,350,000 - 21 Beds 7 Baths 6,156 Sqft .32 Acres

7% cap rate! Updated 7 unit apartment building in Lakewood, just 15 minutes away from Downtown Denver and a straight shot into the mountains going West on Highway 6. . Consist of seven 3-bedroom apartments on a large, well-maintained lot. Plus a large laundry/mechanical room that includes 7 storage units for additional income. This space could also be a potential 8th unit! All units have been updated. Strong leases are in place. Great location: Just minutes away from the Light Rail - Denver West Line. Close to great retail stores such as Walmart, Home Depot and the shops at Belmar which include Whole Foods and the Lakewood City Commons. The Lakewood Reinvestment Authority is the major economic force in the Lakewood area and has encouraged a combination of gentrification and new construction which is occurring within this defined neighborhood.

Keller Williams Realty Downtown LLC.

Listing Status: Active

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Essential Information

  • MLS® # 3790218
  • Price $1,350,000
  • Bedrooms 21
  • Bathrooms 7.00
  • Square Footage 6,156
  • Acres 0.32
  • Year Built 1958
  • Type Income
  • Sub-Type Income
  • Style Ranch/1 Story
  • Status Active

Community Information

  • Address 120 Jay St
  • Subdivision North Alameda
  • City Lakewood
  • County Jefferson
  • State CO
  • Zip Code 80226


  • Parking Spaces 13
  • Parking Off-Street


  • Heating Forced Air
  • Cooling Air Conditioning-Room


  • Lot Description 14000.00
  • Roof Composition Shingles
  • Construction Brick

School Information

  • District Jefferson R-1
  • Elementary Stein
  • Middle Alameda Int'l
  • High Alameda Int'l

Additional Information

  • Zoning MRS / Apartment Low Rise

Listing Details


Keller Williams Realty Downtown LLC

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Listing information last updated on April 21st, 2019 at 8:04pm PDT.