$610,000
$599,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
6950 Magnolia St #A Commerce City, CO 80022
5 Beds
3 Baths
3,063 SqFt
Key Details
Sold Price $610,000
Property Type Single Family Home
Sub Type Attached Dwelling
Listing Status Sold
Purchase Type For Sale
Square Footage 3,063 sqft
Subdivision North Park
MLS Listing ID 3589498
Sold Date 01/29/21
Bedrooms 5
HOA Y/N false
Abv Grd Liv Area 3,063
Originating Board REcolorado
Year Built 1956
Annual Tax Amount $2,509
Lot Size 0.320 Acres
Acres 0.32
Property Description
Two duplexes on one lot, for a total of four units. Fantastic turn-key rental in Commerce City with multiple value-add strategies to create additional income. The first structure is an up/down duplex positioned at front of the lot. The lower unit is very large, with spacious rooms and a covered patio, and the upper unit was recently updated. The second structure is positioned in the back of the lot and is a side by side duplex (studio on one side & 2br on the other) with two large 2-car attached garage between them. The garages are not currently allocated to either tenant, as owner had previously used them for personal storage. While this property already cash flows very well, there are still various value-add strategies which could significantly increase the income. Don't miss your chance to own this unique investment property with 3,063 of total above ground square footage on a 13,932sqft lot in up and coming Commerce City.
Location
State CO
County Adams
Area Metro Denver
Zoning R2
Interior
Heating Baseboard
Cooling Evaporative Cooling
Exterior
Garage Spaces 4.0
Fence Partial
Waterfront false
Roof Type Composition
Porch Patio
Building
Story 2
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Two
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Kemp
Middle Schools Kearney
High Schools Adams City
School District Adams 14
Others
Senior Community false
SqFt Source Assessor
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