Commerce City, CO 80022,6950 Magnolia St #A

$610,000

$599,000

1.8%
Est.Price: ?

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Est. payment /mo

5 Beds

3 Baths

3,063 SqFt


SOLD DATE : 01/29/2021

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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Information and Real Estate Services (IRES)
Listed by 303-502-7333
agent-avatar

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(970) 518-5462

realestate@chadpatterson.com

201 Coffman Street # 1902, Longmont, Colorado, 80502, United States

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