Commerce City, CO 80022,5856 Newport St
Commerce City, CO 80022,5856 Newport St
Commerce City, CO 80022,5856 Newport St
Commerce City, CO 80022,5856 Newport St
Commerce City, CO 80022,5856 Newport St
Commerce City, CO 80022,5856 Newport St
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$445,000

$450,000

1.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5 Beds

2 Baths

1,870 SqFt


SOLD DATE : 03/13/2020

Key Details

Sold Price $445,000

Property Type Single Family Home

Sub Type Attached Dwelling

Listing Status Sold

Purchase Type For Sale

Square Footage 1,870 sqft

Subdivision Commerce City

MLS Listing ID 3744742

Sold Date 03/13/20

Style Ranch

Bedrooms 5

HOA Y/N false

Abv Grd Liv Area 1,870

Originating Board REcolorado

Year Built 1932

Annual Tax Amount $2,261

Lot Size 0.330 Acres

Acres 0.33

Property Description

Best ROI in Commerce City & Front Range! Extremely RARE find! 7.5 CAP rate for two houses!!! This remodeled property is an amazing opportunity with two SEPARATE houses on a single LARGE lot. 3 bedroom/1 bath rear house and 2 bedroom/1 bath front house with washers and dryers in both units. The houses are fully RENTED on 1-year leases and tenants intend to extend! Rents are $3,270 per month ($1745- rear home and $1525- front home). Renters feel like they have their very own home & rents reflect that value. The front house has a fenced-in yard. There is a large off-street parking area between the two properties; keeping cars off the street, enhancing security, and increasing curb appeal. Two detached storage units provide useful square footage for tenants extra belonging as well. These homes are walking distance to schools, restaurants, and Pioneer Park with batting cages, a skate park, Paradice Island Pool and recreation fields. They are also just minutes from Dicks Sporting Good Sports Complex and Praire Gateway Open Space. Separate metering for all utilities on both units. Tenants pay ALL utilities except H2O so the owner has extremely low operating costs. With full remodel & low long term maintenance costs your cash flow & ownership calculations are a synch! Begin earning your 7.5 CAP rate NOW!!! Stop waiting & get this one into your investment portfolio before someone beats you to it!

Location

State CO

County Adams

Area Metro Denver

Rooms

Basement Structural Floor

Interior

Interior Features Eat-in Kitchen, Open Floorplan

Heating Forced Air

Appliance Dishwasher, Refrigerator, Washer, Dryer, Disposal

Exterior

Garage Spaces 8.0

Utilities Available Natural Gas Available

Roof Type Composition

Handicap Access No Stairs

Porch Patio

Building

Story 1

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories One

Structure Type Wood/Frame,Wood Siding

New Construction false

Schools

Elementary Schools Rose Hill

Middle Schools Kearney

High Schools Adams City

School District Adams 14

Others

Senior Community false

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Information and Real Estate Services (IRES)
Listed by Your Castle Real Estate Inc • 303-962-4272
Bought with UNITED IMPERIAL ROYALTY SERVICES

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Nicole And Alysia Clements

Realtor | Lic# 3002201

+1(970) 430-9451

9800 Pyramid Ct Ste 400, Englewood, CO

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