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27 Newland CT Lakewood, CO 80226
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Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,086 sqft
Price per Sqft $323
Subdivision North Alameda
MLS Listing ID 9120878
Sold Date 01/30/24
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 2,086
Originating Board recolorado
Year Built 1963
Annual Tax Amount $2,680
Tax Year 2022
Lot Size 0.300 Acres
Acres 0.3
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.
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, Other, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, Other, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Fathom Realty Colorado LLC
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