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.
Sold for $675,000 on 01/30/24
$675,000
27 Newland Court, Lakewood, CO 80226
6beds
2baths
2,086sqft
Duplex
Built in 1963
-- sqft lot
$673,300 Zestimate®
$324/sqft
$2,457 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 24, 2024 at 08:41am
Listed by:
Steven Cerese 1303-590-8537 steve@cohomeorinvest.com,
Five Four Real Estate, LLC,
Brynn Cerese 802-522-8944,
Five Four Real Estate, LLC
Bought with:
Cindy Romaniec, 100005494
Fathom Realty Colorado LLC
Source: REcolorado,MLS#: 9120878
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- Has basement: No
Interior area
- Total structure area: 2,086
- Total interior livable area: 2,086 sqft
- Finished area above ground: 2,086
Property
Parking
- Total spaces: 2
- Details: Off Street Spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.30 Acres
Details
- Parcel number: 086116
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Brick
- Roof: Composition
Condition
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lakewood
- Subdivision: North Alameda
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,Other,VA Loan
- Ownership: Corporation/Trust
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$673,300