CO
Jefferson
Lakewood
80227
2540 S Kipling Street
2540 S Kipling Street, Lakewood, CO 80227
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Listing Type
Multi Family
Listing Status
Active
49
$1,049,000

Home Details for 2540 S Kipling Street

Price
$1,049,000
Type
Residential Income
Bedrooms
4
Total Bathrooms
4
Square feet
2522
Year built
1973
Lot size acres
1
County
Jefferson
Basement
Full
Days on site
46
MLS Listing#
5263034
Property Description

House Hack on a Full Acre Collect $2,300/mo from a Tenant Already in PlaceTwo fully independent residences on one deed, one loan. Live in the main house. Cottage has a tenant in place — no lease-up period, no vacancy risk to underwrite on day one. • Current cottage rent: $2,300/month + pet rent, month-to-month • Gross annual income from cottage: $27,600+ • Well and septic on both homes — no city water/sewer utility expense, which is a real line-item difference in Colorado • Owned solar system (paid off, transfers to buyer) — reduces main house carrying cost further Why This Pencils Differently Than a Typical SFR Most single-family homes don't generate income while you live in them. This one does. Note that this isn't a fully-rented investment property with a cap rate to calculate — you're occupying the main house, so the $27,600/year from the cottage is best thought of as a direct offset to your mortgage and carrying costs, not a return on the full property value. For a buyer comparing this to a typical SFR purchase, the comparison that matters is: same house, minus roughly $2,300/month in housing cost, because someone else is paying it. Ask your lender how this property's existing lease applies to your specific loan program for qualifying purposes. The Main House 4BR/3BA (two bedrooms non-conforming, in a walk-out basement with its own private entrance — functionally a separate living space within the home), 200-degree mountain and city views, 5-burner gas range kitchen, owned solar, central wood stove, central AC, main-floor laundry. The Cottage 2BR/1BA, central AC, currently tenant-occupied at $2,300/mo + pet rent on a flexible month-to-month lease. Has its own white picket-fenced yard, fully separate from the main house's yard — genuine privacy and separation, not a shared backyard arrangement. MTM lease means a buyer can keep the income running indefinitely or transition the space on their own timeline. Carmody Hillcrest neighborhood, Jeffco schools

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Property Features
  • Heating Information
    • Active Solar
    • Forced Air
    • Natural Gas
    • Solar
    • Wood Stove
  • Utilities
    • Natural Gas Available
    • Electricity Connected
    • Natural Gas Connected
  • Water Features
    • Private
    • Well
  • Cooling Information
    • Central Air
  • House Interior
    • Eat-in Kitchen
  • Parking
    • Gravel
  • Basement
    • Full
School Information
School Information for 2540 S Kipling Street, Lakewood, CO 80227
Elementary School
Green Gables
Middle School
Carmody
High School
Bear Creek
Listing Courtesy: Denver Property Group - 303-997-9098
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EXIT REALTY DTC, CHERRY CREEK, PIKES PEAK
383 Inverness Parkway Suite 140, Englewood, CO 80112
Sheryll White Broker. 303 790 7200
Office
303 790 7200
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