MLS® ID: 1543218

6941 Magnolia Street

Commerce City, Colorado, 80022

$289,999 Under Contract
  • 5 Beds
  • 1872 SQFT
Great investment opportunity. Current non-conforming duplex can be remodeled to non-conforming triplex with finishing of attached garage. Both units are 2 bed 1 bath, but room to renovate and add rooms. Current layout is 5 bed 2 bath total, will be 6 bed 3 bath with conversion of garage to 3rd unit. Property is being sold as-is. Sitting on large, over sized double lot, perfect for future development. Blocks away from Commerce Cities future Union Station. 2 beds are currently renting for an average of $1200 in the neighborhood and 3 bed rooms are going for $1700. Studios are currently going for $1000 in the neighborhood. Get the best bang for your buck with an easy remodel. Newer roof, gutters, siding, windows, plumbing, furnace and water heater. Don't miss your chance to start cash flowing today!
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Listing courtesy of Colorado Home Realty

Amenities

  • Zip
    80022
  • Junior high
    Kearney
  • Agent name
    Alyssa Paschall
  • Tax year
    2018
  • Heating
    Forced Air
  • Lot size
    0.32
  • Year built
    1961
  • High school
    Adams City
  • Elementary school
    Kemp
  • Office name
    Colorado Home Realty
  • School district
    Adams 14
  • Community name
    North Park
  • Zoning type
    R-2
  • Property type
    Income
  • Bedrooms
    5
  • SQFT
    1872
  • Tax amount
    $ 1461.0

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