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BEDS6
BATHS4
SQUARE FEET4,272
MLS#7888255
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONShaw Heights
SCHOOLWestminster Public Schools
Listing Courtesy of:
RE/MAX Northwest Inc
Agency Contact: BRADWITHREMAX@MSN.COM,303-994-6625
Property Description
Turnkey investment opportunity, own both sides of this duplex with strong, reliable income in place. The property currently generates $3,905/month in rental income, with each spacious unit offering 2,136 total sq ft, 3 bedrooms, 2 bathrooms, basement, attached one-car garage, and a shared driveway.Unit 3812 is leased through 12/31/2026 at $1,900/month to a long-term tenant of 17 years, while Unit 3822 is leased through 11/30/2026 at $2,005/month to a newer tenant who intends to stay long term. Both tenants are 100% Section 8 subsidized, providing consistent and dependable cash flow.Each unit also features a large, fenced backyard, adding to tenant appeal and long-term value. With an immediate GROSS cap rate of approximately 7% and upside potential through future improvements and rent optimization, this is an ideal opportunity for investors seeking stable returns with room to grow.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Cooling: Evaporative Cooling
Fireplaces: 2
Garage: 2 car attached
Heating: Forced Air
Lot Size: 0.21 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $5,064
Year Built: 1976
Feature Descriptions
Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Baths Total: 4
Days on Site: 8
Exclusions: None
Exterior: Frame
Fireplace: Family Room
Laundry: In Unit, Multiple Locations
Parcel#: R0048489
Sewer: Public Sewer
Water: Public
Local Schools
High School: Westminster
Middle School: Shaw Heights
Elementary School: Flynn
School District: Westminster Public Schools
Listed By / Shown By
Listed By
Agency Name: RE/MAX Northwest Inc
Agency Contact: BRADWITHREMAX@MSN.COM,303-994-6625
Shown By
Agent Name: Jill Lais
Agent Phone: (719) 960-6393
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 4,022.01 per month $3,398.76 Principal & Interest $422.00 Property Tax $201.25 Homeowner's Insurance
3812 & 3822 W 89th Way | MLS# 7888255
This multi-family property located at 3812 & 3822 W 89th Way , Westminster, CO 80031 is currently listed for sale with an asking price of $690,000. & 3822 W 89th Way is located within the Westminster Public Schools school district. Search Westminster real estate on www.jilllaishomes.com today.