Commerce City, CO 80022
Great opportunity to own a cash flowing duplex in Commerce City! Current rents total $1750 on month to month leases ($875 per unit) with upper unit being occupied by same tenant for over 5 years! Market rents could support over $2000 per month and would exceed the 1% monthly rental income amount vs. purchase price many investors use as a measuring stick for investment properties. Both units are currently on month to month leases - live in one and rent the other! Upper unit has newer hot water heater, lower unit has newer furnace. Overall the property has some deffered maintenance but tenants are in place and would like to stay if allowed. Property is sold strictly as is.
CHRIS EISENHARD with COLDWELL BANKER RESIDENTIAL 56
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