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5837 Newcombe Court

Arvada, CO 80004
  • $649,000
  • STATUS: Pending
  • ON SITE: 27 Days
  • ID#: 5480099
Under Contract
UPDATED: 67 min ago
$649,000
  • 4
    BEDS
  • 0.22
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,949
    SQFT
  • $333
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1972
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by A Better Way Realty.

Description

Don't miss this incredible opportunity to own this charming duplex west of Old Towne Arvada. Live in one side and rent the other! Each side of the duplex has 2 bedrooms: a primary bedroom and guest bedroom and two bathrooms: one full bathroom and one 3/4 bathroom. The property is very well maintained and has shown consistent rents for 5 years with the current owner. With market rent of $1900/month, the cap rate is approximately 6%. The tenants are on month-to-month leases giving the new landlord the opportunity to increase rents. The property is located on a large corner lot with 9780sqft and has no neighbors to the south or west of the property. The back yard is very private and fenced in for animals. Great for the outdoor and sports enthusiasts with Harold D Lutz sports complex is just south of the property and Apex Rec Center is just a short drive away. Light rail is walking distance away located off Ridge Road and Kipling just south and east. There are numerous hiking and biking trails nearby! The property is brick and frame construction with newer vinyl windows, updated flooring and newer interior paint. New plumbing and electrical fixtures give the space an updated and modern feel. Stainless steel appliances, washers and dryers are included with the sale. Both units have microwaves and an open floor plan to enjoy with family and friends. The roof was replaced in 2021 and the interior of the property was updated in 2017 and included the following updates: new laminate flooring, new carpet and paint, new bathroom tiles, new kitchen counters, new appliances, new sump pump, new water heater and gas valves to the furnaces. Seller will credit the buyer $6500 at closing for closing costs, repair/upgrades, or A/C installation with a full price offer.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Portenga Properties | Compass Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.portengaproperties.com/homes/131097545
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5837 Newcombe Court Arvada, CO 80004

  • Price: $649,000
  • Status: Pending
  • On Site: 27 Days
  • Updated: 67 min ago
  • ID#: 5480099
4
Beds
4
Baths
0
½ Baths
0.22
Acres
1,949
SQFT
$333
$/SQFT
1972
Built
Neighborhood:
Alpine Village
County:
Jefferson
Area:
Arvada
Elementary School:
Allendale
Middle School:
Drake
High School:
Arvada West
School District:
Jefferson County R-1
Property Description
Don't miss this incredible opportunity to own this charming duplex west of Old Towne Arvada. Live in one side and rent the other! Each side of the duplex has 2 bedrooms: a primary bedroom and guest bedroom and two bathrooms: one full bathroom and one 3/4 bathroom. The property is very well maintained and has shown consistent rents for 5 years with the current owner. With market rent of $1900/month, the cap rate is approximately 6%. The tenants are on month-to-month leases giving the new landlord the opportunity to increase rents. The property is located on a large corner lot with 9780sqft and has no neighbors to the south or west of the property. The back yard is very private and fenced in for animals. Great for the outdoor and sports enthusiasts with Harold D Lutz sports complex is just south of the property and Apex Rec Center is just a short drive away. Light rail is walking distance away located off Ridge Road and Kipling just south and east. There are numerous hiking and biking trails nearby! The property is brick and frame construction with newer vinyl windows, updated flooring and newer interior paint. New plumbing and electrical fixtures give the space an updated and modern feel. Stainless steel appliances, washers and dryers are included with the sale. Both units have microwaves and an open floor plan to enjoy with family and friends. The roof was replaced in 2021 and the interior of the property was updated in 2017 and included the following updates: new laminate flooring, new carpet and paint, new bathroom tiles, new kitchen counters, new appliances, new sump pump, new water heater and gas valves to the furnaces. Seller will credit the buyer $6500 at closing for closing costs, repair/upgrades, or A/C installation with a full price offer.
Exterior Features

Architectural Style Contemporary Attached Garage YN Yes Carport Spaces 0 Carport YN No Covered Spaces 2 Exterior Features Private Yard Fencing Full Garage YN Yes Lot Features Corner LotNear Public Transit Lot Size Area 0.22 Lot Size Square Feet 9780 Parking Features Concrete Parking Total 2 Road Frontage Type Public Road Road Surface Type Paved Roof ArchitecturalCompositionShingle Structure Type Duplex

Interior Features

Appliances DishwasherGas Water HeaterMicrowaveOvenRefrigeratorSelf Cleaning Oven Basement Crawl SpaceSump Pump Basement YN No Bathrooms Full 2 Bathrooms Half 0 Bathrooms One Quarter 0 Cooling Attic FanCentral Air Fireplace YN No Fireplaces Total 0 Flooring CarpetLaminateTileWood Foundation Details Concrete Perimeter Heating Forced AirNatural Gas Heating YN Yes Interior Features Primary SuiteOpen FloorplanPantrySolid Surface Counters Laundry Features Laundry Closet Levels One Living Area Sq Ft 1949 Rooms Kitchen (Main Level) Master Bedroom (Main Level) Primary Three Qtr Bath (Main Level) Master Bedroom (Main Level) Bedroom (Main Level) Bedroom (Main Level) Full Bath (Main Level) Full Bath (Main Level) Primary Three Qtr Bath (Main Level) Family Room (Main Level) Rooms Total 10 Three Quarter Baths 2 Window Features Double Pane Windows

Property Features

Above Grade Finished Area 1949 Association YN No Common Walls 1 Common WallEnd Unit Construction Materials BrickFrame Contingency None Known Electric 220 Volts Exclusions Tenant's Personal Possessions Listing Terms CashConventional1031 ExchangeFhaVa Loan Ownership Corporation/Trust Property Condition Updated/Remodeled Property Sub Type Multi Family Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3108 Tax Year 2021 Utilities Electricity ConnectedNatural Gas ConnectedPhone Connected Water Source Public Zoning R-2

REcolorado logo Listing courtesy of A Better Way Realty:303-759-2222. MLS #5480099


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Portenga Properties | Compass Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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Portenga Properties | Compass Real Estate
200 Columbine St., Suite 500
Denver CO, 80206
REcolorado logo Offered by A Better Way Realty.