Lakewood, CO 80226,61 Newland St

$710,400

$710,000

0.1%
Est.Price: ?

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Est. payment /mo

6 Beds

2 Baths

2,020 SqFt


SOLD DATE : 03/06/2024

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

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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Information and Real Estate Services (IRES)
Listed by steve@cohomeorinvest.com,1 303-590-8537

GET MORE INFORMATION

Nicole And Alysia Clements

Realtor | Lic# 3002201

+1(970) 430-9451

9800 Pyramid Ct Ste 400, Englewood, CO

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