27 Newland Court, Lakewood, CO 80226
- $675,000
- 6
- BD
- 2
- BA
- 2,086
- SqFt
Courtesy of Five Four Real Estate, LLC . steve@cohomeorinvest.com,1 303-590-8537
Selling Office: Fathom Realty Colorado LLC.- Sold Price
- $675,000
- List Price
- $685,000
- Closing Date
- Jan 30, 2024
- Type
- Multifamily
- Status
- CLOSED
- MLS Number
- 9120878
- Finished Sqft
- 2,086
- Above Grade Sqft
- 2086
- Total Sqft
- 2086
- Subdivision
- North Alameda
- Sub-Area
- North Alameda
- Year Built
- 1963
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.
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Additional Information
- School District
- Jefferson County R-1
- Elementary School
- Stein
- Middle School
- Alameda Int'l
- High School
- Alameda Int'l
- Lot Size
- 12,981
- Acres
- 0.30
- Taxes
- $2,680
- Tax Year
- 2022
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