7740 Idlewild Street, Commerce City, CO 80022 (MLS # 2477123)
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7.67% CAP - NEW PRICE and FULLY LEASED! - Remodeled 4-Unit Investment with Development Upside | Strong Cash Flow + Value-Add Potential This is a rare opportunity to acquire two fully separate duplexes with huge detached garage on a combined double lot in under-the-radar, high-demand Commerce City. Offering immediate income, long-term upside, and flexible development potential. Three units renovated and value-add renovation potential on fourth unit. All units fully leased and stable. Individually metered, all with laundry hookups. **Strong Financials & Cash Flow** "¢ Offered as-is at a 7.67% cap rate, with pro forma projections over 8.00% cap (includes vacancy and management allowances) "¢ Current Returns at 9.9% Pro forma Total Returns achieving 10.9% based on typical investment loan terms (detailed pro forma available) "¢ All units currently filled, rented below market, providing immediate upside through rent adjustments "¢ Four detached storage units on-site offer additional income potential "¢ Stable rent history with consistent increases over time **Development Potential on Nearly Half an Acre** "¢ Zoned R-3 with lot size of .4545 acres "¢ Each building has separate sewer mains, providing critical infrastructure for future development "¢ Expansive side yards and an enormous unused rear lot open the door for increased density or phased development "¢ Ideal for investors to rent one building while developing the other, leveraging existing cash flow to fund expansion "¢ Perfect for a buy-and-hold strategy, combining immediate income stability with appreciation potential **Low-Maintenance Asset with Curb Appeal** "¢ Durable stucco exteriors, quality roof, and xeriscaped front yard reduce operating costs "¢ Tenant-maintained backyard minimizes owner responsibilities "¢ Full front privacy fence enhances aesthetics and tenant satisfaction "¢ Clean and easy to lease, low maintenance tenants Agent has interest
| DAYS ON MARKET | 7 | LAST UPDATED | 7/20/2025 |
|---|---|---|---|
| TRACT | Peak Investments | YEAR BUILT | 1976 |
| GARAGE SPACES | 2.0 | COUNTY | Adams |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Dupont |
|---|---|
| Jr. High School | Adams City |
| High School | Adams City |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Evaporative Cooling |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer |
| CONSTRUCTION | Frame, Stucco |
| GARAGE | Yes |
| HEAT | Natural Gas |
| INTERIOR | Ceiling Fan(s), High Speed Internet |
| LOT | 0.45 acre(s) |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Peak Investments |
| TAXES | 4367 |
| UTILITIES | Natural Gas Available, Electricity Connected, Natural Gas Connected, Phone Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Nathaniel Weidner, Premier Agent Network Colorado LLC
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