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Pamela Gonacha, Associate Broker
SOLD
$710,400
Date 03/06/2024

61 Newland Street
Lakewood, CO 80226

Duplex
Residence
6
Beds
2,020
Sqft
0.29
Lot Size
Courtesy: Five Four Real Estate, LLC, [email protected],1 303-590-8537

Description for 61 Newland Street Lakewood, CO 80226

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.

Property Details

3384820
Duplex, Other
6
Jefferson
1962
0.29 Acres
Public
Brick
Public Sewer
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Courtesy: Five Four Real Estate, LLC, [email protected],1 303-590-8537

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PUBLISHER’S NOTICE:
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Equal Housing Opportunity.


Pamela Gonacha 4710 Table Mesa Dr. Ste. A, Boulder, CO 80305 | Phone: (303) 324-9600 | Email: [email protected]

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