61 Newland Street
Lakewood, CO 80226

  • 6 beds
  • 2 baths
  • 2,020 sqft
  • 12,632 sqft lot
  • $351 per sqft
  • 1962 build
  • on site

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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.

Listing courtesy of Five Four Real Estate, LLC

Last checked: Checking… • Last updated Mar 10, 2024 •

MLS# 3384820 —

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Multifamily Sold on 3/6/2024

$710,400

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Listing provided by broker:

Steven Cerese

Five Four Real Estate, LLC

steve@cohomeorinvest.com,1 303-590-8537

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Listing Courtesy of: RECOLORADO and Five Four Real Estate, LLC. Data displayed here has not been verified by Estately. Disclaimers

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