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!
Listing Office: Your Castle Real Estate Inc
Disposal, Dishwasher, Refrigerator (Kitchen), Range Hood, Smoke Alarm, Stove/Range/Oven
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Listing information last updated on September 23rd, 2019 at 2:49am MDT.