5800 Newport Street, Commerce City, CO 80022
- $999,900
- 19
- BD
- 6
- BA
- 5,448
- SqFt
- List Price
- $999,900
- Type
- Multifamily
- Status
- UNDER CONTRACT
- MLS Number
- 2638511
- Total # of Units
- 6
- Total Sqft
- 5,448
- Finished Sqft
- 5448
- Sub-Area
- Monac Park
- Year Built
- 1954
Property Description
Over 10% Cap Rate! This 6 unit apartment complex is a cash cow. All units are updated. New furnaces, updated plumbing, electrical, new paint, new landscaping and strong leases in place. The property consists of three structures: Two Triplexes and a two car detached garage plus additional storage building that can be leased out in the future. Property includes coin laundry for the tenants and an outside courtyard area. Conveniently located across the street from Rose Elementary School. Walking distance to many parks. Just 3 minutes away from Dick's Sporting Goods Park and the Stapleton neighborhood. 15 minutes away from Downtown Denver!
Additional Information
- Proj. Ann. Income
- 131580
- Act. Ann. Income
- 122340
- Act. Ann. Expense
- 16282
- Proj. Ann. Expense
- 18276
- School District
- Adams 14
- Elementary School
- Rose Hill
- Middle School
- Kearney
- High School
- Adams City
- Garage Spaces
- 8
- Style
- Multi-Level
- Basement
- Apartment
- Basement Size
- Full
- Basement Finished
- Yes
- Basement Square Feet
- 1333
- Zoned
- Multiple Units
- Lot Size
- 4,356
- Acres
- 0.1
- Roofing Material
- Composition Shingles
- Contstruction
- Wood Siding
- Taxes
- $1,693
- Tax Year
- 2017
- Financial Terms
- Cash, Conventional, Exchange, Private Financing
Courtesy of Keller Williams Realty Downtown LLC
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