6009 Ivanhoe St. Commerce City, CO, 80022
Property 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 8.6% 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
Investment Summary
Excellent value-add QUADPLEX (4 Units) 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, and 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.
Floor Plans
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