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Off market

Buy a multi-family propertyat 6540 Highway 2, Commerce City, CO 80022

$985,000

$0/mo

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Multifamily

1,898 Sq. Ft.

367 Days on market

7653925 MLS ID

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About 6540 Highway 2 multi-family property

Please see Offering Memorandum for details. 6540 Highway 2 is a 30,800 SQF area which features one fourplex, one duplex, and undeveloped land that has previously been rented for storage. Historical income from the 6 units plus the two empty lots places NOI at a little over $100,000. Multifamily income is collected weekly, although most tenants have occupied their units for several years. This property is being offered with seller financing. Ideal for covered land play. This property has C-2 zoning.
Please see Offering Memorandum for details. 6540 Highway 2 is a 30,800 SQF area which features one fourplex, one duplex, and undeveloped land that has previously been rented for storage. Historical income from the 6 units plus the two empty lots places NOI at a little over $100,000. Multifamily income is collected weekly, although most tenants have occupied their units for several years. This property is being offered with seller financing. Ideal for covered land play. This property has C-2 zoning.

Property details

House

Above Grade Finished Area: 1898

Architectural Style: "Ranch"

Building Area Total: 1898

Construction Materials: "Stucco", "Concrete"

Total Sq Ft: 1898

Living Area: 1898

Living Area Units: Square Feet

Stories: 1

Year Built: 1950

Bathrooms

Bathrooms Total Integer: 6

Bedrooms

Bedrooms Total: 6

Location

City: Commerce City

Country: US

County Or Parish: Adams

Locale: Commerce City

Latitude: 39.815269

Longitude: -104.928703

MLS Area Major: Metro Denver

Postal Code: 80022

State Or Province: CO

Street Name: Highway 2

Street Number: 6540

Subdivision Name: Commerce City

Unparsed Address: 6540 Highway 2 Commerce City CO 80022

Cooling

Cooling: "Central Air"

Cooling YN: t

Garage

Covered Spaces: 8

Garage Spaces: 8

Garage YN: t

Garage Type: Off Street

Schools

Elementary School: Central

High School: Adams City

High School District: Adams 14

Middle Or Junior School: Kearney

Income

Gross Income: 121572

Net Operating Income: 100080

Heating

Heating: "Forced Air"

Heating YN: t

Property

Crops: None

Property Condition: "Not New, Previously Owned"

Property Sub Type: Income Property

Property Type: Residential Income

Taxes

Has Metro Tax District: No

Tax Annual Amount: 3605

Tax Year: 2022

Water

Has Water Rights: No

Listing

Price Per Sq Ft: 518.97

Listing Id: 7653925

Listing Terms: "Cash", "Owner May Carry", "1031 Exchange"

List Price: 985000

Mls Status: Pending

Number Of Units Total: 4

Special Listing Conditions: "Private Owner"

Standard Status: Pending

Lot

Lot Size Units: Square Feet

Expenses

Operating Expense: 18138

Parking

Other Parking: Parking Per Unit(1 Space/Unit)

Monthly cost

Estimated monthly cost

$6,072/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$925,900

+$29,550

$955,450

Seller agent commission$29,550 (3%)*

$0 (0%)

Buyer agent commission$29,550 (3%)*

$29,550 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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with an Unreal Estate agent

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Unreal Estate checked: Apr 24, 2024 at 6:37 p.m.

Data updated: Apr 27, 2023 at 5:09 p.m.

Courtesy of Erik Carman, Compass - Denver
This content last updated on 04/27/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Provided for limited non-commercial use only under IRES Rules. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © IRES 2024. All Rights Reserved.

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