6451 E 66th Ave Commerce City, CO 80022

Listing details for 6451 E 66th Ave, Commerce City, CO 80022 : True value-add investment opportunity in Commerce City. Side by Side Ranch Layout. Duplex built in 2009 with NEW Lifetime Roof in 2023 and NEW Exterior Paint in 2021. Each unit has 3 Bedrooms, 2 Full Baths, living room, full kitchen, laundry room and updated vinyl plank flooring. Both homes have a 2 car garage with opener and separate driveways. Both have fully fenced yards and ample parking with full driveways. Easy to rent. Live in one and rent the other (or rent out both sides). Long term Tenants on month-to-month leases. Market Rent monthly projected of $2,000 with NET Annual Income projected of $42,000. The building and lot have the necessary required frontage and structure to even sell the units separately after applying for separate tax ID numbers in future. Sell individually or hold as-is for long term investment portfolio. Both units are currently leased monthly with GROSS annual income $40,500 and NET annual income of $35,000. Current Monthly leases $1,700 and $1,675. Market Rent monthly projected of $2,000 with NET Annual Income projected of $42,000. Separate metering for ALL utilities on both units (electric, gas AND water) payed by tenants. Current long term tenants (month-to-month). A perfect portfolio addition!