7740 Idlewild St St, Commerce City, CO 80022 (MLS # 2940083)
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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 6.5% cap rate, with pro forma projections almost 7.2% cap (includes vacancy and mgmt allowances) "¢ Pro forma Total Returns achieving 9.5% 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 | 33 | LAST UPDATED | 4/9/2025 |
|---|---|---|---|
| TRACT | Peak Investments | YEAR BUILT | 1976 |
| 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 | Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Washer |
| CONSTRUCTION | Stucco |
| HEAT | Natural Gas |
| INTERIOR | Ceiling Fan(s), High Speed Internet |
| LOT | 0.45 acre(s) |
| PARKING | Gravel |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Peak Investments |
| TAXES | 4367 |
| 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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