27-29 Newland Court

Lakewood, CO 80226
Square Ft.
2,086
$710,000
Calling all investors! Here is a rock solid investment opportunity for an excellent duplex in Lakewood CO. Take advantage of a low maintenance duplex with excellent rental history and a tangible asset that is a fantastic hedge against inflation. Currently at a 6.7 cap rate with gross rents of $4,450,Read MoreRead Less
Market LogoCourtesy of Group Harmony [email protected]
Listing Snapshot
Days Online
19
Last Updated
Property Type
Duplex
Square Ft.
2,086
Lot Size
0.3 Acres
Year Built
1963
MLS Number
IR1055245
30 Days Snapshot Of 80226
$595k
0%
(avg) sold price
33
+57%
homes sold
69
-26%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: "Public", Road Surface Type: "Paved"
Appliances & Equipment
"Dishwasher", "Dryer", "Oven", "Refrigerator", "Washer"
Basement
"None", Bedrooms: 0
Building
Construction Materials: "Brick", Levels: "One", Occupant Type: Tenant, Total Area: 2086, Unit Count: 2, Unit Types: "Array", "Array", Built in 1963, 2 total units
Cooling
Cooling: "Air Conditioning-Room"
Disclosures
Exclusions: tenant property
Expenses
Operating Expense: $5,729
Heating
Heating: "Forced Air"
Heating & Cooling
Description: Room Air Conditioner
Income
Gross Income: $4,450, Income Includes: "Rent Only", Net Operating Income: $47,671, Projected Gross Operating Income: $53,400
Interior Features
Features: "Eat-in Kitchen"
Lot
Acres: 0.3, Parcel Number: 086116, Square Feet: 12981
Owner Pays
Ownership: Individual
Property
Possible Use: "Multi-Family", "Residential", Property Sub Type: Duplex, Zoning: R-2
Roof
Roof: "Composition"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 3623, Legal Description: Lot 6, Kohler Subdivision, County of Jefferson, State of Colorado., Tax Year: 2024
Tenant Pays
Tenant Pays: "Electricity", "Gas", "Trash Collection", "Water"
Utilities
Utilities: "Electricity Available", "Natural Gas Available", Utility Metering: Separate Electric, Separate Gas, Water Source: "Public"
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.