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.
Utilities: Electricity Available, Natural Gas Available
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 27-29 Newland Court.
What schools are nearby to 27-29 Newland Court?
Nearby schools include the Stein Elementary School, Other Middle School, and Other High School.
What are the annual taxes for 27-29 Newland Court?
Annual taxes for this multi-family home are estimated at $3,623.
How does 27-29 Newland Court compare to other multi-family homes in O'Kane Park?
This multi-family home is listed 16% below the average price for multi-family homes in O'Kane Park and has been on the market for 22 less days than the typical home in this area.
27-29 Newland Court is a -bedroom multi-family home for sale in Lakewood CO 80226. On Prevu for 31 days at $710,000. This residence is located in Lakewood. The median listing price for multi-family homes in this area is $759,000. Nearby schools include Stein Elementary School, Other Middle School, and Other High School. The home offers dishwasher and washer/dryer. Explore more multi-family home listings in Lakewood.
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