27-29 Newland Ct Lakewood, CO 80226

Listing details for 27-29 Newland Ct, Lakewood, CO 80226 : Calling all investors! Here is a rock solid investment opportunity for an excellent duplex in Lakewood CO. Take advantage of a low maintenance duplex with excellent rental history and a tangible asset that is a fantastic hedge against inflation. Currently at a 6.7 cap rate with gross rents of $4,450, tenants pay all utilities. Unit 29 is leased through February 2027, Unit 27 is leased through September 2026. Both tenants are long term tenants and have been there for about a decade! The seller recently replaced all of the plumbing in both units to new PEX plumbing ensuring long term reliability. Fantastic location just 1 mile to Belmar Shopping Center, across from O'Kane Park, only 6.5 miles to Coors Field. Both units have fenced backyards as well. Photos are of unit 29, both units are identical. Please note that tenants require a 48 hour notice for showings.