27-29 Newland Court, Lakewood, CO 80226
Local realty services provided by:CENTURY 21 CapRock Real Estate
27-29 Newland Court,Lakewood, CO 80226
$710,000
- - Beds
- - Baths
- 2,086 sq. ft.
- Multi-family
- Active
Listed by: taylor dye
Office: group harmony
MLS#:IR1055245
Source:ML
Price summary
- Price:$710,000
- Price per sq. ft.:$340.36
About this home
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, tenants pay all utilities. Unit 29 is leased through February 2027, Unit 27 is leased through September 2026. Both tenants are long term tenants and have been there for about a decade! The seller recently replaced all of the plumbing in both units to new PEX plumbing ensuring long term reliability. Fantastic location just 1 mile to Belmar Shopping Center, across from O'Kane Park, only 6.5 miles to Coors Field. Both units have fenced backyards as well. Photos are of unit 29, both units are identical. Please note that tenants require a 48 hour notice for showings.
Contact an agent
Home facts
- Year built:1963
- Listing ID #:IR1055245
Rooms and interior
- Kitchen Description:Dishwasher, Eat-in Kitchen, Oven, Refrigerator
- Basement:Yes
- Living area:2,086 sq. ft.
Heating and cooling
- Cooling:Air Conditioning-Room
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1963
- Building area:2,086 sq. ft.
- Lot area:0.3 Acres
- Construction Materials:Brick
- Levels:1 Story
Schools
- High school:Other
- Middle school:Other
- Elementary school:Stein
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$710,000
- Price per sq. ft.:$340.36
- Tax amount:$3,623 (2024)
Features and amenities
- Laundry features:Dryer, Washer
New listings near 27-29 Newland Court
- New
$689,000Active3 beds 2 baths1,310 sq. ft.835 Urban Street, Lakewood, CO 80401
MLS# S1069401Listed by: RE/MAX PROPERTIES OF THE SUMMIT - Open Sat, 1 to 3pmNew
$525,000Active2 beds 1 baths765 sq. ft.1930 Kendall Street, Lakewood, CO 80214
MLS# 8943360Listed by: KELLER WILLIAMS AVENUES REALTY - New
$999,000Active4 beds 4 baths3,720 sq. ft.13970 W Cornell Ave, Lakewood, CO 80228
MLS# 5065451Listed by: Compass - Denver - New
$750,000Active6 beds 4 baths3,463 sq. ft.485 Garland St, Lakewood, CO 80226
MLS# 1855654Listed by: Compass - Denver - New
$780,000Active6 beds 4 baths3,576 sq. ft.129 Eaton Court, Lakewood, CO 80226
MLS# 7948658Listed by: MARTINEZ REAL ESTATE SERVICES - New
$595,000Active5 beds 2 baths2,716 sq. ft.8235 W Florida Ave, Lakewood, CO 80232
MLS# 3400797Listed by: eXp Realty, LLC - New
$359,900Active3 beds 3 baths1,125 sq. ft.1729 S Lee St #A, Lakewood, CO 80232
MLS# 4314782Listed by: Baron Enterprises Inc - New
$359,900Active3 beds 3 baths1,125 sq. ft.1729 S Lee Street #A, Lakewood, CO 80232
MLS# 4314782Listed by: BARON ENTERPRISES INC - New
$475,000Active2 beds 1 baths993 sq. ft.11931 W 14th Ave, Lakewood, CO 80401
MLS# 2964667Listed by: Milehimodern - New
$545,000Active3 beds 3 baths1,679 sq. ft.324 S Ames Street, Lakewood, CO 80226
MLS# 5131261Listed by: RE/MAX PROFESSIONALS