81 S Newland Ct, Lakewood, CO 80226

$762,000
4
BD
4
BA
2,163
SqFt

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Sold Price
$762,000
List Price
$799,500
Closing Date
Nov 20, 2023
Type
Multifamily
Property Sub Type
Duplex
Status
CLOSED
MLS Number
3238511
Bedrooms
4
Bathrooms
4
Sqft Total
2,163
Year Built
1972

Property Description

Introducing a prime opportunity to start building your real estate empire with this impressive duplex located near Belmar shopping and O'Kane Park in Lakewood. This investment package includes both units, featuring two spacious 2-bedroom, 1.5-bath residences, each boasting 1,081 square feet of comfortable living space. Enjoy the pleasant Colorado weather on large covered patios, perfect for relaxation on warm days. The potential of this property extends even further with the opportunity to add an office or bedroom by enclosing a portion of the patios or the generously-sized 2-car garages that come with each unit. The oversized garages provide ample space for cars and a workshop, catering to your diverse needs. The charm of this property continues into the fenced backyards, ideal for kids and pets to play safely. Numerous updates, showcased in the provided photos, enhance the appeal of both units. Enjoy the convenience of air conditioning and updated windows in both sides, ensuring a comfortable living environment. The 81 side boasts recent updates, including an updated kitchen, refreshed baths, fresh paint, and a newer furnace. This unit is vacant and move in ready! This duplex offers a smart investment strategy, allowing for the possibility of living in one side while renting out the other. The south unit (83) already has a great, long-term tenant eager to stay, making this property highly rentable. With its attractive features and strategic location, this property is poised to command premium rents in the area. SELLER IS OFFERING A $15,000 CONCESSION TO THE BUYER FOR INTEREST RATE BUYDOWN. Don't miss out on this exceptional chance to start or expand your rental property portfolio. Act now and make this property the foundation of your real estate success.

Additional Information

Lot Size Acres
0.27
Lot Size Sq Ft
11,855
Tax Amount
$3,128
Exterior Features
Private Yard
Water Source
Public
Sewer
Public Sewer
Heating
Forced Air
Cooling
Central Air
School District
Jefferson County R-1
Elementary School
Stein
Middle Or Junior School
Alameda Int'l
High School
Alameda Int'l

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Calculator source: Real Geeks

Courtesy of West Peak Properties . brad@westpeakproperties.com,720-989-7727

Selling Office: Brokers Guild Real Estate.