Listing Courtesy of:
RE/MAX Northwest Inc
Agency Contact: BRADWITHREMAX@MSN.COM,303-994-6625
Turnkey investment opportunity, own both sides of this duplex with strong, reliable income in place. The property currently generates $3,905/month in rental income, with each spacious unit offering 2,136 total sq ft, 3 bedrooms, 2 bathrooms, basement, attached one-car garage, and a shared driveway.Unit 3812 is leased through 12/31/2026 at $1,900/month to a long-term tenant of 17 years, while Unit 3822 is leased through 11/30/2026 at $2,005/month to a newer tenant who intends to stay long term. Both tenants are 100% Section 8 subsidized, providing consistent and dependable cash flow.Each unit also features a large, fenced backyard, adding to tenant appeal and long-term value. With an immediate GROSS cap rate of approximately 7% and upside potential through future improvements and rent optimization, this is an ideal opportunity for investors seeking stable returns with room to grow.
Listed By
Agency Name: RE/MAX Northwest Inc
Agency Contact: BRADWITHREMAX@MSN.COM,303-994-6625
Shown By
Agency Title: The Cutting Edge, Realtors
Agency Phone: (719) 999-5067
Estimated Payment
$ 4,022.01 per month $3,398.76 Principal & Interest $422.00 Property Tax $201.25 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
3812 & 3822 W 89th Way | MLS# 7888255
This multi-family property located at 3812 & 3822 W 89th Way, Westminster, CO 80031 is currently listed for sale with an asking price of $690,000. & 3822 W 89th Way is located within the Westminster Public Schools school district. Search Westminster real estate on www.thecuttingedgerealtors.com today.