$710,400
$710,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
61 Newland ST Lakewood, CO 80226
6 Beds
2 Baths
2,020 SqFt
Key Details
Sold Price $710,400
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,020 sqft
Price per Sqft $351
Subdivision Koehler
MLS Listing ID 3384820
Sold Date 03/06/24
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 2,020
Originating Board recolorado
Year Built 1962
Annual Tax Amount $2,713
Tax Year 2022
Lot Size 0.290 Acres
Acres 0.29
Property Description
Calling all INVESTORS!! CAP RATE of 5%!!!!! This investment opportunity is ready to produce income with NO additional capital expenditures! Unit '61' has been recently renovated. Update includes: shaker style kitchen cabinets complimented with quartz countertops and stainless steel appliances. Hardwood floors, new paint updated bathrooms! Newer roof, furnace, and hot water heater. The '61' unit is 3 bedroom and 1 bathroom with in-unit laundry. Current rent is $1,995 with lease expiring 4/21/24.
The '63' unit is 3 bedrooms and 1 bathroom with in unit laundry. Current rent is $1,795 with lease expiring 5/31/24.
This opportunity is perfect for an investor that wants to take on an easy to manage asset. 1 mile to Belmar Shopping Center, across from O'Kane Park, only 6.5 miles to Coors Field. INTERESTED IN MORE INCOME? The property around the corner is also FOR SALE (27-29 Newland Ct.). Opportunity to own all 4 units! Property is tenant occupied. Showings will be held by listing agent.
Location
State CO
County Jefferson
Interior
Heating Forced Air
Cooling None
Fireplace N
Exterior
Roof Type Composition
Total Parking Spaces 2
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Stein
Middle Schools Alameda Int'L
High Schools Alameda Int'L
School District Jefferson County R-1
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with eXp Realty, LLC