Skip To Content
    Return to Previous Page

    6480-6482 Newport Street

    Commerce City, CO 80022
    • $325,000
    • STATUS: Closed
    • ON SITE: 224 days
    • MLS #: 7378969
    Sold - 02/10/2020
    $325,000
    SOLD - 02/10/2020
    • 4
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,488
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Worth Clark, Inc..

    Description

    ~$15-$20K in cosmetic updates in the last 2 years, huge lot with tons of off-street parking. Great value add opportunity - some deferred maintenance. BRAND NEW ROOF installed prior to closing. This cash cow has two 2 bed/1 bath units, recently updated - it's a side by side duplex on a huge lot! 86 road frontage by 145 depth. Total 12,470 SF lot. Land use at county says Duplex/Triplex but zoned R2. Always easy to rent, currently $1195 on one side (month-month), long-term tenants. Vacant side for showings. Market rents up to $1500 in the area. Option 1: Standard purchase with 20% down should earn around 20% ROI on your investment. Option 2: HOUSE HACK! Live in one side, rent the other. Realize a net payment of less than market rents, and own the whole thing! Option 3: Plenty of room to expand on this large lot for VALUE-ADD. Market values for larger duplexes are HIGH! Value add, then refi.

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Keller Williams Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2020 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.findyournocohome.com/homes/101328294
    Print Image

    6480-6482 Newport Street Commerce City, CO 80022

    • Price: $354,900
    • Status: Closed
    • Updated: 50 min ago
    • MLS #: 7378969
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    1,488
    SQFT
    $0
    $/SQFT
    1953
    Built
    Neighborhood:
    Harner
    County:
    Adams
    Area:
    Commerce City
    Elementary School:
    Kemp
    Middle School:
    Kearney
    High School:
    Adams City
    School District:
    Adams 14
    Property Description
    ~$15-$20K in cosmetic updates in the last 2 years, huge lot with tons of off-street parking. Great value add opportunity - some deferred maintenance. BRAND NEW ROOF installed prior to closing. This cash cow has two 2 bed/1 bath units, recently updated - it's a side by side duplex on a huge lot! 86 road frontage by 145 depth. Total 12,470 SF lot. Land use at county says Duplex/Triplex but zoned R2. Always easy to rent, currently $1195 on one side (month-month), long-term tenants. Vacant side for showings. Market rents up to $1500 in the area. Option 1: Standard purchase with 20% down should earn around 20% ROI on your investment. Option 2: HOUSE HACK! Live in one side, rent the other. Realize a net payment of less than market rents, and own the whole thing! Option 3: Plenty of room to expand on this large lot for VALUE-ADD. Market values for larger duplexes are HIGH! Value add, then refi.
    Exterior Features

    Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Garage YN No Lot Features Near Public Transit Lot Size Square Feet 12470 Other Structures Shed(S) Parking Off-Street (4 Spaces) Off-Street (4 Spaces) Parking Features AsphaltConcreteOff Street Parking Total 8 Roof Composition Structure Type Duplex

    Interior Features

    Appliances Gas Water Heater Basement Crawl SpaceNone Below Grade Finished Area 0 Cooling None Flooring Tile Heating Forced AirNatural Gas Heating YN Yes Laundry Features Main LevelIn Unit Levels One

    Property Features

    Above Grade Finished Area 1488 Association YN No Building Area Source Public Records Building Area Total 1488 Buyer Financing Private Construction Materials Cement SidingFrameWood Siding Contingency None Known Exclusions Tenant's Personal Property. Listing Terms CashConventional1031 ExchangeFhaPrivate Financing AvailableVa Loan Ownership Individual Possession Negotiable Property Sub Type Duplex Special Listing Conditions None Tax Annual Amount 1765 Tax Year 2018 Utilities Cable Available Zoning R2

    Listing courtesy of Worth Clark, Inc.: MLS #7378969


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Keller Williams Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2020 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    Logo
    Keller Williams Realty
    3720 S. College Ave, A
    Fort Collins CO, 80525
    Offered by Worth Clark, Inc..