For Sale Multi-Family MLS# 4701852

863 Fenton Street

Lakewood, CO 80214

$749,900

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About 863 Fenton Street

**Attention Investors** Own two detached single-family homes on one spacious corner lot. That is $375,000 per detached home! Wow! While referred to as a "duplex", this unique property features two fully independent residences connected only by a shared portico/carport and must be sold together. Each home offers 4 bedrooms (1 non-conforming) and 2 bathrooms, delivering exceptional flexibility for investors, extended families, or owner-occupants seeking dual living arrangements. Live in one home and rent the other, providing an opportunity to offset ownership costs while maintaining privacy and independence. Investors can enjoy the benefits of a duplex-type property with two detached rental residences on one parcel. The larger residence features beautiful hardwood floors, a generous kitchen, fresh paint, throughout and an expansive, finished, basement with high ceilings offering additional living, recreation, office, or storage space. The smaller of the two homes is a cozy, fully renovated 4 bedroom (1 non-conforming), 2 bath residence updated in 2022 with new cabinets, countertops, appliances, flooring, and fresh interior paint. Both homes have finished basements, adding valuable flexibility and usable space. Both residences are in good condition with strong rental appeal and quality finishes. Each home has separate water, electric, and gas meters, making utility management straightforward for leasing or separate occupancy. The generous corner lot may offer additional upside, including the potential to build a detached garage, ADU or explore the possibility of working with the City of Lakewood and/or Jefferson County to split/subdivide the lot into two separate parcels. Buyer to verify all possibilities with the City of Lakewood! A rare opportunity to own two detached homes on one parcel with strong income potential, multi-generational flexibility, and future value-enhancement possibilities. Don't miss this one!!

Property details

Property

Type
Duplex
MLS type
Residential Income
Status
Active
Year built
1922
Stories
1
Living area
3,231 sqft
Price / sqft
$232
Lot
0.25 AC / 10,715 SF
MLS #
4701852

Interior

Features
Breakfast Nook, Eat-in Kitchen, Laminate Counters, Open Floorplan, Radon Mitigation System, Utility Sink
Appliances
Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Flooring
Carpet, Tile, Vinyl, Wood
Heating
Forced Air, Natural Gas
Cooling
Central Air
Laundry
In Basement, In Unit, Laundry Closet

Exterior & lot

Features
Private Yard
Roof
Composition
Foundation
Slab
Lot
Corner Lot
Patio & porch
Front Porch, Patio
Fence
Full
Parking
Asphalt, Concrete

Schools

District
Jefferson County R-1
Elementary
Lumberg
Middle
Jefferson
High
Jefferson

Utilities

Utilities
Cable Available, Electricity Connected, Natural Gas Connected
Water
Public
Sewer
Public Sewer

Financial

Annual tax
$3,739
Parcel
095181
Special conditions
None Known

Location

Subdivision
Molholm Two Creeks
County
Jefferson
Directions
From West 6th Ave and Sheridan Blvd, head North on Sheridan Blvd to W 9th Ave. Turn left (West) on W 9th Ave. Follow to the property on the SW Corner of W 9th Ave and Fenton St.

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Listed by Brian Grace, Market Masters Real Estate

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