965 Brentwood Street
FHA Assumable
4.2% Rate
48 photos
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965 Brentwood Street

Lakewood, CO 80214

2
Bedrooms
1
Bathrooms
1,042
Sq Ft

Payment Calculator

$3,465
per month, total
$31,500
cash you bring

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$31,500
$31,500$287,752
Second loan$256,252
%
Blended rate5.61% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,783/mo
Assumable @ 4.2% + gap
$3,465/mo
$318less per month
$318
per month
$3,810
per year
$114,309
over 30 years

Estimates only, not a loan offer, quote, or approval. Payments are principal and interest and exclude taxes, insurance, HOA dues and closing costs. The second-loan rate is an assumption you can edit, not a quoted rate. Assumption terms are subject to lender and servicer approval and verification.

🏦 Loan Details

List Price
$630,000
Assumable Rate
4.2%
Remaining Balance
$342,248
Loan Type
FHA
Est. Equity Gap
$287,752

About This Home

Turnkey 4-Plex Investment Opportunity in a Prime Lakewood Location! Tucked away on a quiet cul-de-sac, this fully occupied property offers immediate cash flow, stable tenancy, and outstanding long-term investment potential. The property features four 1-bedroom, 1-bathroom units, with three of the four units thoughtfully remodeled, providing updated interiors while preserving additional value-add potential in the remaining unit. Residents enjoy the convenience of an on-site laundry facility, one dedicated off-street parking space per unit, and an unbeatable location just minutes from Light Rail, major highways, Downtown Denver, Colorado Mills, shopping, dining, and entertainment. This high-demand rental location continues to attract tenants seeking convenient access throughout the Denver metro area. Significant capital improvements have already been completed, including newer roof, boiler, hot water heater, plumbing, and exterior paint. All four units are currently occupied with leases in place, allowing investors to benefit from immediate, consistent income from day one. Located within Lakewood's M-R-U (Mixed-Use Residential Urban) zoning district, the property also offers compelling future upside. The area is experiencing ongoing redevelopment, including newly constructed multifamily residential projects nearby, highlighting the continued growth and desirability of this corridor. Buyers may explore future redevelopment, expansion, or higher-density residential possibilities. The combination of a sought-after Lakewood location, recent unit upgrades, dedicated parking, stable occupancy, and potential long-term redevelopment opportunities makes this a rare investment offering with both current income and future upside. Whether you're expanding an existing portfolio, completing a 1031 exchange, or seeking a well-positioned multifamily asset in a rapidly evolving submarket, this presents an exceptional opportunity!!

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$630,000
4.2% rateFHASave $318/mo

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