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27 Newland Ct, Lakewood, CO 80226

$675,000
: 6
BD
: 2
BA
: 2,086
SqFt

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Sold Price: $675,000
List Price: $685,000
Closing Date: Jan 30, 2024
Type: Multifamily
Property Sub Type: Duplex
Status: CLOSED
MLS Number: 9120878
Bedrooms: 6
Bathrooms: 2
Sqft Total: 2,086
Year Built: 1963

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Property Description

Calling all INVESTORS AND OWNER OCCUPANT HOUSE HACKERS! CAP RATE of 5.79!! This investment opportunity is ready to produce income! The asset currently produces $4,144/mo in rental income. The '27' unit is 3 bedroom and 1 bathroom with in-unit laundry. The '29' unit is also 3 bedrooms and 1 bathroom with in-unit laundry. This duplex presents itself well for an owner occupant who wants to house hack to earn income and reduce their monthly expenses. The owner occupant could also keep the long-term lease next door or change to a short term rental income (Airbnb, VRBO, VACASA) scenario. 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 also FOR SALE (61-63 Newland St.). Opportunity to own all 4 units! Property is tenant occupied. Showings will be held by listing agent.

(303) 522-8226

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Additional Information

Lot Size Acres: 0.30000000000000004
Lot Size Sq Ft: 12,981
Tax Amount: $2,680
Water Source: Public
Sewer: Public Sewer
Heating: Forced Air
Cooling: None
School District: Jefferson County R-1
Elementary School: Stein
Middle Or Junior School: Alameda Int'l
High School: Alameda Int'l