61 Newland St, Lakewood, CO 80226
- $710,400
- 6
- BD
- 2
- BA
- 2,020
- SqFt
- Sold Price
- $710,400
- List Price
- $710,000
- Closing Date
- Mar 06, 2024
- Type
- Multifamily
- Property Sub Type
- Duplex
- Status
- CLOSED
- MLS Number
- 3384820
- Bedrooms
- 6
- Bathrooms
- 2
- Sqft Total
- 2,020
- Year Built
- 1962
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.
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Additional Information
- Lot Size Acres
- 0.29
- Lot Size Sq Ft
- 12,632
- Tax Amount
- $2,713
- 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
Mortgage Calculator
Courtesy of Five Four Real Estate, LLC . steve@cohomeorinvest.com,1 303-590-8537
Selling Office: eXp Realty, LLC.