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61 Newland St Lakewood, CO 80226
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Key Details
Sold Price $710,400
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 2,020 sqft
Subdivision Koehler
MLS Listing ID 3384820
Sold Date 03/06/24
Style Ranch
Bedrooms 6
HOA Y/N false
Abv Grd Liv Area 2,020
Originating Board REcolorado
Year Built 1962
Annual Tax Amount $2,713
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
Area Metro Denver
Interior
Heating Forced Air
Exterior
Garage Spaces 2.0
Waterfront false
Roof Type Composition
Building
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Stein
Middle Schools Alameda Int'L
High Schools Alameda Int'L
School District Jefferson County R-1
Others
Senior Community false
SqFt Source Assessor
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