Property Description

705 Moore Street is a clean 4-unit brick multifamily building situated in a quiet residential pocket of Lakewood, Colorado. Built in 1961, the property consists entirely of 2-bedroom/1-bathroom units, offering spacious and functional floor plans well-suited to the areas renter demand. The property sits on a spacious 9,038 square foot lot with well-manicured landscaping and a private feel that distinguishes it from larger apartment communities. Ground-floor units feature private patios that open directly to the fenced yard and upper-floor units feature private balconies, adding a lifestyle amenity that supports tenant retention and market-rate rents.The property is 100% occupied and largely turn-key, having benefited from a concentrated period of capital investment. A new roof and gutters were completed in 2026, a new boiler and hot water heater were installed in 2023-22, and a new irrigation system and landscaping were completed in 2024. New electrical panels have been installed and half of the plumbing has been fully replaced. Two and a half units have been fully renovated. The building is separately metered for electric while other utilities are billed back to tenants. This investment is well suited for the passive investor who wants little to no deferred maintenance on day 1 of ownership with cash flow, or an owner occupant who wants to live in a unit.Highlights:Extensive recent capital expenditures: Roof & gutters (2026), boiler & hot water heater (2023), landscaping & irrigation (2024), and replaced GE electrical panels.Separately metered electric with tenants paying directlyPrivate patios or balconies for each unitLaundry on-site for tenantsPremium landscaping for elevated feel and better tenant retention

Property Features

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