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Buy a multi-family propertyat 8840 Lipan St, Thornton, CO 80260

$725,000

$0/mo

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Multifamily

2,740 Sq. Ft.

9,900 Sq. Ft. lot

339 Days on market

3954167 MLS ID

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About 8840 Lipan St multi-family property

This duplex is a terrific opportunity for investors and home-buyers alike! Buy it and rent out each side for cash flow, or live in one side and rent the other side to subsidize your monthly mortgage! Fully renovated and with a new roof, kitchen cabinets, countertops, stainless steel appliances and gorgeous laminate flooring upstairs with carpet downstairs. Each side of the duplex includes: 1,370 sq ft, two bedrooms, one full bath, one 1/2 bath, 1-car attached garage, fireplace and easy access to large back deck and shared fenced backyard. No HOA. All within a super easy commute to I-25 and close to public transportation, including a lightrail stop just under 3 miles away! Both units are rented.
This duplex is a terrific opportunity for investors and home-buyers alike! Buy it and rent out each side for cash flow, or live in one side and rent the other side to subsidize your monthly mortgage! Fully renovated and with a new roof, kitchen cabinets, countertops, stainless steel appliances and gorgeous laminate flooring upstairs with carpet downstairs. Each side of the duplex includes: 1,370 sq ft, two bedrooms, one full bath, one 1/2 bath, 1-car attached garage, fireplace and easy access to large back deck and shared fenced backyard. No HOA. All within a super easy commute to I-25 and close to public transportation, including a lightrail stop just under 3 miles away! Both units are rented.

Property details

Building

Above Grade Finished Area: 1370

Architectural Style: "Contemporary/Modern"

Below Grade Finished Area: 1370

Building Area Total: 2740

Construction Materials: "Wood/Frame", "Brick/Brick Veneer"

Lower Sq Ft: 1370

Total Sq Ft: 2740

Levels: "Two"

Living Area: 2740

Living Area Source: Assessor

Living Area Units: Square Feet

Stories: 2

Structure Type: "Duplex"

Year Built: 1978

Appliances & Equipment

Appliances: "Dishwasher", "Refrigerator", "Washer", "Dryer", "Disposal"

Garage

Attached Garage YN: t

Covered Spaces: 2

Garage Spaces: 2

Garage YN: t

Garage Type: Attached

Basement

Basement: "90%+ Finished Basement", "Daylight"

Bathrooms

Bathrooms Total Integer: 3

Baths Full Additional: 0

Baths Full Basement: 0

Baths Half Additional: 0

Baths Half Basement: 0

Baths Three Quarters Additional: 0

Baths Three Quarters Basement: 0

Baths Three Quarters Lower: 0

Baths Three Quarters Upper: 0

Bedrooms

Bedrooms Total: 4

Location

City: Thornton

Country: US

County Or Parish: Adams

Locale: Thornton

Latitude: 39.857578

Longitude: -105.000732

MLS Area Major: Metro Denver

Postal Code: 80260

State Or Province: CO

Street Name: Lipan

Street Number: 8840

Street Suffix: St

Subdivision Name: Alma

Unparsed Address: 8840 Lipan St Thornton CO 80260

Cooling

Cooling: "Central Air"

Cooling YN: t

Utilities

Electric: "Electric", "Separate Meter Electricity"

Gas: "Separate Meter Gas"

Is Water Meter Installed: Yes

Utilities: "Electricity Available"

Schools

Elementary School: North Star

High School: Northglenn

High School District: Adams 12 5 Star Schl

Middle Or Junior School: Thornton

Fireplaces

Fireplace Features: "2+ Fireplaces"

Fireplace YN: t

Foundation

Foundation Details: "Slab"

Income

Gross Income: 48300

Heating

Heating: "Forced Air"

Heating YN: t

Unit One

Bedrooms Unit 1: 2

Est Sq Ft Unit 1: 1370

Rent Unit 1: $2,500

Total Baths Unit 1: 2

Unit Two

Bedrooms Unit 2: 2

Est Sq Ft Unit 2: 1370

Rent Unit 2: $2,500

Total Baths Unit 2: 2

Property

Crops: None

Property Attached YN: t

Property Condition: "Not New, Previously Owned"

Property Sub Type: Attached Dwelling

Property Type: Residential Income

Taxes

Has Metro Tax District: Yes

Tax Annual Amount: 3571

Tax Year: 2022

Water Features

Has Water Rights: No

Water Source: "City Water"

Listing

Price Per Sq Ft: 264.6

Listing Id: 3954167

Listing Terms: "Cash", "Conventional", "FHA", "VA Loan", "1031 Exchange"

List Price: 725000

Mls Status: Active

Number Of Units Total: 2

Special Listing Conditions: "Private Owner"

Standard Status: Active

Interior Features

Interior Features: "Eat-in Kitchen", "Cathedral/Vaulted Ceilings"

Lot

Lot Size Acres: 0.23

Lot Size Area: 9900

Lot Size Square Feet: 9900

Lot Size Units: Square Feet

Parking

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

Miscellaneous

Other Structures: "Outbuildings"

Exterior Features

Patio And Porch Features: "Deck"

Tenant Pays

Tenant Pays: "Gas", "Electricity"

Monthly cost

Estimated monthly cost

$4,469/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$681,500

+$21,750

$703,250

Seller agent commission$21,750 (3%)*

$0 (0%)

Buyer agent commission$21,750 (3%)*

$21,750 (3%)*

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

Get $21,750 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Apr 19, 2024 at 10:21 a.m.

Data updated: Jul 27, 2023 at 7:45 p.m.

Courtesy of Anna Bebutova, Anna Bebutova Real Estate abebutova@gmail.com,720-938-0547
This content last updated on 07/27/2023. 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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