Lakewood, CO 80226,61 Newland ST
Lakewood, CO 80226,61 Newland ST
Lakewood, CO 80226,61 Newland ST
Lakewood, CO 80226,61 Newland ST
Lakewood, CO 80226,61 Newland ST
Lakewood, CO 80226,61 Newland ST
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$710,400

$710,000

0.1%
Est.Price: ?

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Est. payment /mo

6 Beds

2 Baths

2,020 SqFt


SOLD DATE : 03/06/2024

Key Details

Sold Price $710,400

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,020 sqft

Price per Sqft $351

Subdivision Koehler

MLS Listing ID 3384820

Sold Date 03/06/24

Bedrooms 6

HOA Y/N No

Originating Board recolorado

Year Built 1962

Annual Tax Amount $2,713

Tax Year 2022

Lot Size 0.290 Acres

Acres 0.29

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.

Location

State CO

County Jefferson

Interior

Heating Forced Air

Cooling None

Fireplace N

Exterior

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Story One

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, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Five Four Real Estate, LLC • steve@cohomeorinvest.com,1 303-590-8537
Bought with eXp Realty, LLC
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