Extremely RARE find. Fully remodeled ranch duplex that is actually 2 SEPARATE homes on a single LARGE lot. This investment has a 7.3 CAP! Each home has 2 bedrooms & 1 bathroom. Tenants love this property and feel like they have their very own home and rents reflect. Tons of natural light, open floorplan & fresh upgrades! You get $1,575/month for the front home & $1,500/month for the back home and another $500/month for the GARAGE = $3575/month! Separate metering (3 to include garage) and tenants pay ALL utilities so super low operating costs. With full remodel & low long term maintenance costs your cash flow & ownership calculations are a synch! Come get your OVER 7 CAP rate NOW!!! Quiet, safe & inviting surroundings draw BEST renters! Both homes are rented with happy tenants on 1-year leases. Run your comps... $300k on the front house and $300k on the back house gives you over $100k EQUITY the moment you close. Development and appreciation in Commerce City & Denver are BOOMING. You CASH FLOW from day 1! Great finishes with new kitchens boasting white shaker cabinets, Stainless Steel appliances in the kitchen with quartz countertops and custom tile. New paint and flooring throughout. The exterior has new roofs and new gutters as well, No detail left undone. The garage has concrete floors, a large bay door and vinyl siding. New main water lines from the city to both homes. Located blocks from parks, Buffalo Run Golf Course, shopping, easy access to I-70 & lots more! Stop waiting & get this one into your investment portfolio before someone beats you to it!
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