MLS# IR1019304 – 11518 W 16th Avenue, Lakewood, CO 80215

$495,000 - Br/0Ba - for Sale in New Rochelle, Lakewood

Price: $495,000

Baths: 0

Living Area SqFt: 1,521

Status: Active

Property Type: Single Family Residence

Lot Size Acres: 0

Lot Size SqFt: 1

Year Built: 2024

Neighborhood: New Rochelle

Days on Website: 38

Courtesy of Coldwell Banker Realty-Boulder {attribution_contact}

Property 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”

Property Map

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

Street View

Nearby Schools

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