Share
$495,000
Bed
Bath
1,521 SqFt
Acre Lot
1 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 2024
Neighborhood New Rochelle
Days on Website 38

Property Map

$495,000 – 11518 W 16th Avenue, Lakewood, CO 80215

Street View

Courtesy of Coldwell Banker Realty-Boulder {attribution_contact}

Description

This modern 3-bedroom, 4-bathroom townhome offers 1,500 sqft of living space and is currently rented at $2,990/month, making it an excellent addition to any investor’s portfolio. The property includes durable flooring throughout, in-unit laundry, central air conditioning, and a fully equipped kitchen. Situated just blocks from the Light Rail Station and the redevelopment at Denver Federal Center, this townhome is perfectly positioned in the path of progress. With quick access to both 6th Ave and I-70, it’s also minutes from Colorado Mills and Maple Grove Park/Reservoir. A builder warranty offers added peace of mind, and the high demand in this area ensures reliable rental income. Don’t miss this rare chance to secure a lucrative, low-maintenance investment in a prime location.

Property Details and Features

Appliances & Equipment

  • “Dishwasher”, “Dryer”, “Microwave”, “Oven”, “Refrigerator”, “Washer”

Basement

  • “Crawl Space”
  • Bedrooms: 0

Building

  • Architectural Style: “Contemporary”
  • Construction Materials: “Wood Frame”
  • Levels: “Three Or More”
  • Occupant Type: Vacant
  • Structure Type: “House”
  • Total Area: 1521
  • Unit Count: 1
  • Unit Types: “Array”
  • Built in 2024
  • 1 total unit

Cooling

  • Cooling: “Central Air”

Disclosures

  • Attribution Contact: 3034425001

Expenses

  • Operating Expense: $3,126

Exterior Features

  • Features: “Balcony”
  • Patio And Porch Features: “Deck”

Heating

  • Heating: “Forced Air”

Home Owner’s Association

  • Home Owners Association
  • Association Name: Routt Street Townhomes Condomi
  • Association Fee: $120
  • Association Fee Total Annual: $1,440
  • Association Fee Annual: 1440.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: “Maintenance Structure”, “Snow Removal”, “Trash”

Heating & Cooling

  • Description: Central Air Conditioning

Income

  • Net Operating Income: $31,678
  • Projected Gross Operating Income: $34,804

Interior Features

  • Features: “Open Floorplan”, “Radon Mitigation System”, “Walk-In Closet(s)”

Laundry

  • Features: “In Unit”

Listing

  • Listing Id: RECIR1019304
  • Standard Status: Active
  • Mls Status: Active
  • Listing Contract Date: 2024-09-25
  • Listing Terms: “Cash”, “Conventional”, “FHA”, “VA Loan”
  • Original List Price: $495,000

Location

  • County Or Parish: Jefferson
  • Subdivision Name: New Rochelle

Lot

  • Acres: 0
  • Parcel Number: 517532
  • Square Feet: 1

Owner Pays

  • Ownership: Agent Owner

Possession

  • “Closing/DOD”

Property

  • Property Condition: “New Construction”
  • Property Sub Type: Single Family Residence
  • Zoning: RES

Roof

  • Roof: “Composition”

Schools

  • Elementary School: Stober
  • Elementary School District: Jefferson County R-1
  • Middle Or Junior School: Everitt
  • High School: Wheat Ridge
  • High School District: Jefferson County R-1

Sewer

  • Sewer: “Public Sewer”

Taxes

  • Annual Amount: 2500
  • Legal Description: SECTION 33 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 549000 SUBDIVISIONNAME NEW ROCHELLE BLOCK 001 LOT 0025 SIZE: 3136 TRACT VALUE: .072 SECTION 33 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 549000 SUBDIVISIONNAME NEW ROCHELLE BLOCK 001 LOT 0026 SIZE: 3136 TRACT VALUE: .072
  • Tax Year: 2022

Tenant Pays

  • Tenant Pays: “Electricity”, “Gas”

Utilities

  • Utilities: “Electricity Available”, “Natural Gas Available”
  • Water Source: “Public”

Request More Info

  • This field is for validation purposes and should be left unchanged.

Schedule a Showing

  • This field is for validation purposes and should be left unchanged.