863 Fenton Street

Property Description

**Attention Investors** Own two detached single-family homes on one spacious corner lot. 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. Listing agent makes no guarantees and buyers should verify all development possibilities directly with local authorities. 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!!

Overview

Property Status

For Sale

Lot Size

10,715 Sq.Ft.

MLS ID

4701852

Property Type

Multi-Family

Year Built

1922

Are you interested?

Schedule a Tour

Brian Grace

(303) 916-7737 [email protected]

Features & Amenities

Total Area

3,456 Sq.Ft.

Neighborhood

Lakewood

Architecture Styles

Bungalow, Traditional

Stories

Water Source

Public

Utilities

Cable Available, Electricity Connected, Natural Gas Connected

Roof

Composition

Lot Features

Corner Lot

Parking

Asphalt, Concrete

Heat Type

Forced Air, Natural Gas

Air Conditioning

Central Air

Laundry Room

Sink, In Basement, In Unit, Laundry Closet

Appliances

Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer

Other Interior Features

Breakfast Bar, Eat-in Kitchen, Laminate Counters, Open Floorplan, Radon Mitigation System

Sewer

Public Sewer

Substructure

Slab

Security Features

Carbon Monoxide Detector(s), Smoke Detector(s)

Other Exterior Features

Private Yard

Elementary School

Lumberg

Middle School

Jefferson

High School

Jefferson

School District

Jefferson County R-1

Sales Price

$799,900

Real Estate Tax

$3,739/yr

Schedule a Tour

I would love to help you see this beautiful home! As a full-service brokerage, I can help you tour. Please submit an offer, and answer questions about the buying process.

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for your interest in 863 Fenton Street, Lakewood, CO 80214

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