6009 Ivanhoe St - Multi-Family FOR SALE


Commerce City, CO 80022
$949,000 USD
720-741-0613
6009 Ivanhoe St, Commerce City, CO for Sale
$949,000 USD
Multi-Family - FOR SALE
1/11
null | 6.25% Cap Rate

6009 Ivanhoe St
Commerce City, CO 80022


HIGHLIGHTS

  • All above ground, side by side (4 unit) quadplex. No basement units!
  • Value add opportunity with vacant units ready to rent, as-is or remodel
  • Pro-forma 7.5% cap rate to increase rent to $8,400/month gross
  • Located across the street from Pioneer Park, the jewel of Commerce City
  • Excellent central location, minutes away from Walmart, shopping, restaurants and the Central Park Neighborhood
  • Easy access to I-70 just 20 minutes to Downtown Denver

OVERVIEW

Visit 6009Ivanhoe.com for details. Excellent value-add investment opportunity or house hack (live in one unit and collect rent from other three units.) This lovely side by side quadplex (includes all 4 units) all 2 bedroom, 1 bathroom units, on a large corner lot has only had ONE OWNER! Each separately metered unit has beautiful original hardwood floors and their own water heater & furnace. Well maintained and in an excellent location. Located right across the street from Pioneer Park, the jewel of Commerce City. It’s ready for you to rent, move-in or remodel right away. Each unit can be leased at $1,700/month (total $6,800/month) as-is OR remodel to increase rents to $2,100/month (total $8,400/month). Spacious lot offers the ability to build a garage to also increase rental income. Currently comes with a storage shed and spacious backyard. Make this your home, or next great investment property! Great central location - minutes from Walmart, shopping, restaurants, the Central Park neighborhood and Dicks Sporting Goods Park. Contact us for due diligence documents, financial details and loan opportunities.

FOR SALE DETAILS

PRICE

$949,000 USD

PRICE/SF

$344 USD /SF

# OF UNITS

4

PRICE/UNIT

$237,250

CAP RATE

6.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

R-1

APN/PARCEL ID

1823-08-2-20-010

ASK ABOUT THIS PROPERTY

Michelle GlassKeller Williams Urban Elite - CommercialMore Info
720-741-0613

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Michelle GlassKeller Williams Urban Elite - CommercialMore Info
720-741-0613

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.