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Key Details
Sold Price $470,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,849 sqft
Price per Sqft $254
Subdivision Norwood Park
MLS Listing ID 9835387
Style Bungalow
Bedrooms 4
Year Built 1972
Annual Tax Amount $2,030
Tax Year 2022
Lot Size 10,454 Sqft
Property Description
Great investment opportunity for income rental or next-gen living. Which is you live in one side and other can be in-law or accessory unit. Move in ready, new roof, new siding, new windows, newer furnaces. newer water heaters, both units are 2 bed 1 bath. 6420 has new a/c, new vinyl flooring, newer kitchen cabinet and counters, newer appliances and new paint. This property is centrally located for easy access to highway 85 and 76 or I-70 and 225 for a short commute to Aurora or Denver. Easy access to Northfield shopping center or the famous Flea Market. Cap rate is based on Proforma with a 6.78% cap rate. Government affordable housing rent in the area range from $1856 to $2000 for 2 bed 1 bath. Seller prefers to sell property with two other properties in Aurora and Denver as portfolio. Call for details and options if only interested in this property.
Location
State CO
County Adams
Zoning R-2
Interior
Heating Forced Air
Cooling Central Air
Laundry In Unit
Exterior
Exterior Feature Private Yard
Parking Features Driveway-Gravel, Tandem
Fence Partial
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Architecural Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Cement Siding,Frame
Schools
Elementary Schools Dupont
Middle Schools Adams City
High Schools Adams City
School District Adams 14
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Berkshire Hathaway HomeServices Colorado Real Estate, LLC
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Chad Nash, The Real Estate Doctor
CEO / Real Estate Wealth Advisor
CEO / Real Estate Wealth Advisor