5856 Newport St, Commerce City, 80022

Income - Income For Sale in MONAC PARK

$444,500

5Beds
2Baths
1,870Sqft
.33Acres
1932Built
Your Castle Real Estate Inc
MLS® #: 2608622
Active

Extremely RARE find! 7.5 CAP rate duplex!!! Remodeled amazing property with two SEPARATE houses on a single LARGE lot. 3 bedroom/1 bath & 2 bedroom/1 bath units with washers and dryers. Both houses RENTED on 1 year leases and tenants intend to extend! Rents are $3,270 per month ($1745- back unit and $1525- front unit). Best ROI in Commerce City & Front Range!! Renters feel like they have their very own home & rents reflect the value. Front unit has fenced in yard. Plenty of off-street parking increases curb appeal and security. Two detached storage units increase useful square footage for tenants as well. Separate metering for all utilities on both units. Tenants pay ALL utilities except H2O so super low operating costs. With full remodel & low long term maintenance costs your cash flow & ownership calcs are a synch! Come get your high CAP rate NOW!!! Stop waiting & get this one into your investment portfolio before someone beats you to it!

Essential Information

MLS® #: 2608622
Price: $444,500
Bedrooms: 5
Bathrooms: 2.00
Square Footage: 1,870
Acres: 0.33
Year Built: 1932
Type: Income
Sub-Type: Income
Style: Ranch/1 Story
Status: Active

Community Information

Address: 5856 Newport St
Subdivision: MONAC PARK
City: Commerce City
County: Adams
State: CO
Zip Code: 80022

Amenities

Parking Spaces: 8
Parking: Off-Street

Interior

Appliances: Disposal, Dishwasher, Refrigerator (Kitchen), Range Hood, Smoke Alarm, Stove/Range/Oven
Heating: Forced Air
Cooling: None

Exterior

Lot Description: 14438.00
Roof: Composition Shingles
Construction: Frame
Architecture: Traditional

School Information

District: Adams 14
Elementary: Rose Hill
Middle: Kearney
High: Adams City

Additional Information

Zoning: SFR

Financials

$/SqFt: $238

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Listing information last updated on September 15th, 2019 at 5:19pm CDT.