5721 E 60th Avenue

Commerce City, CO 80022
  • $599,000
  • STATUS: Active
  • ON SITE: 65 days
  • MLS #: 7005784
UPDATED: 26 min ago
$599,000
  • 8
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,456
    SQFT
  • $173
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Colorado Real Estate Pros.

Description

Exceptional 4 -plex located across the street from Pioneer Park. Property includes 3-2 bed 1 bath units, a 4th unit with 2 bed 1 bath upstairs and additional unfinished basement that can house 4 additional bedrooms and a bathroom, a detached garage, and a detached shed. Units have been updated with fresh paint, hardwood floors, new carpet, new windows,new roof and gutters, and some updated electrical work. Property is centrally located a mile from Dick's Sporting Goods park, near Northfield shopping, and with easy access for commuting whether on I-70 or using mass transit. Below market rents allow for an opportunity to exceed a cap rate of 7+. Don't miss out on this wonderful investment. Do Not Disturb Tenants.



Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than [insert IDX Subscriber’s firm name here] are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2017 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

frontrange.8z.com/homes/73680389

5721 E 60th Avenue Commerce City, CO 80022

  • Price: $599,000
  • Status: Active
  • Updated: 26 min ago
  • MLS #: 7005784
8
Beds
4
Baths
0
½ Baths
0.16
Acres
3,456
SQFT
$173
$/SQFT
1957
Built
Neighborhood:
Commerce City
County:
Adams
Area:
Commerce City
Elementary School:
Central
Middle School:
Kearney
High School:
Adams City
School District:
Adams 14
Property Description
Exceptional 4 -plex located across the street from Pioneer Park. Property includes 3-2 bed 1 bath units, a 4th unit with 2 bed 1 bath upstairs and additional unfinished basement that can house 4 additional bedrooms and a bathroom, a detached garage, and a detached shed. Units have been updated with fresh paint, hardwood floors, new carpet, new windows,new roof and gutters, and some updated electrical work. Property is centrally located a mile from Dick's Sporting Goods park, near Northfield shopping, and with easy access for commuting whether on I-70 or using mass transit. Below market rents allow for an opportunity to exceed a cap rate of 7+. Don't miss out on this wonderful investment. Do Not Disturb Tenants.
Exterior Features

Construction Materials Brick Construction Methods Brick Exterior Features FencePatioProfessional LandscapingSatellite DishSprinkler SystemUtility ShedYard Parking Garage (Attached) (2 Spaces) Off-Street (8 Spaces) Parking Total Searchable 10 Roof Composition Shingles Site Features Adjacent To ParkCorner LotNear Public Transit Structural Style Ranch/1 Story

Interior Features

Basement Finished YN No Basement Size Partial Cooling Air Conditioning-CentralEvaporative Cooler (Swamp) Flooring Carpet Heating Forced Air Heating Fuel Gas Interior Features Cable AvailableDouble Pane WindowsEating Space / KitchenRemodeled Kitchen Appliances DishwasherDisposalRefrigerator (Kitchen)Smoke Alarm Laundry Availability W/D Hookups in Unit Laundry Location Ground Per Unit Features Assigned Parking Sq Ft Above 2760 Sq Ft Basement 696 Sq Ft Finished 2760

Property Features

Accepting Backup Offers YN Yes Additional Information 1031 ExchangeIncome PotentialTenant Occupied Annual Expense Actual 9500 Annual Expense Proj 9500 Annual Income Actual 46200 Annual Income Proj 54600 Annual Net Income Actual 36700 Annual Net Income Proj 45100 Building Area Source County Records Building Type Quadplex (All Units) Capitalization Rate 6.20 Features Fire Alarm Has Hoa YN No Is Incorporated YN Yes Listing Financing CashConventionalExchange Owner Paid Utilities Water Potential Rental Income Annual 46200 Real Estate Taxes 1709 Seller Type Corporation/Trust Status Conditions None Known Tax Amount 1709.00 Tax Year 2016 Transaction Type For Sale Unit Count 1 Water Annual Expense 4200 Zoning Multi-Family



Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than [insert IDX Subscriber’s firm name here] are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2017 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

8z Real Estate
4041 Hanover, Suite 200
Boulder CO, 80305
Offered by Colorado Real Estate Pros.