Do Real Estate on the Go!
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Do Real Estate on the Go!
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$710,000
6 Beds
- 2 Baths
2,086sqft
27-29 Newland Ct, Lakewood, CO 80226
$710,000
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Duplex
Built in 1963
$-- HOA
12,981 sqft lot
$340/sq.ft
Description
Calling all investors! Here is a rock solid investment opportunity for an excellent duplex in Lakewood CO. Take advantage of a low maintenance duplex with excellent rental history and a tangible asset that is a fantastic hedge against inflation. Currently at a 6.7 cap rate with gross rents of $4,450, tenants pay all utilities. Unit 29 is leased through February 2027, Unit 27 is leased through September 2026. Both tenants are long term tenants and have been there for about a decade! The seller recently replaced all of the plumbing in both units to new PEX plumbing ensuring long term reliability. Fantastic location just 1 mile to Belmar Shopping Center, across from O'Kane P...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1963
HOA Fees
-
Finished Area
2,086 sqft
Lot Size
12,981 sqft lot
Basement Area
- sqft
MLS Name
DENVER (RE COLORADO) MLS
MLS Number
IR1055245
MLS Status
Active
Days on Market
61
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