CO
Adams
Commerce City
80022
7740 Idlewild Street
7740 Idlewild Street, Commerce City, CO 80022
Share Listing
Listing Type
Multi Family
Listing Status
active
10
$1,065,000

Home Details for 7740 Idlewild Street

Price
$1,065,000
Type
Residential Income
Bedrooms
8
Bathrooms
4.0
Square feet
3640
Year built
1976
Lot size acres
0.45
County
Adams
Garage
2
Days on site
112
MLS Listing#
2477123
Property Description

7.67% CAP - NEW PRICE and FULLY LEASED! - Remodeled 4-Unit Investment with Development Upside | Strong Cash Flow + Value-Add Potential This is a rare opportunity to acquire two fully separate duplexes with huge detached garage on a combined double lot in under-the-radar, high-demand Commerce City. Offering immediate income, long-term upside, and flexible development potential. Three units renovated and value-add renovation potential on fourth unit. All units fully leased and stable. Individually metered, all with laundry hookups. **Strong Financials & Cash Flow** • Offered as-is at a 7.67% cap rate, with pro forma projections over 8.00% cap (includes vacancy and management allowances) • Current Returns at 9.9% Pro forma Total Returns achieving 10.9% based on typical investment loan terms (detailed pro forma available) • All units currently filled, rented below market, providing immediate upside through rent adjustments • Four detached storage units on-site offer additional income potential • Stable rent history with consistent increases over time **Development Potential on Nearly Half an Acre** • Zoned R-3 with lot size of .4545 acres • Each building has separate sewer mains, providing critical infrastructure for future development • Expansive side yards and an enormous unused rear lot open the door for increased density or phased development • Ideal for investors to rent one building while developing the other, leveraging existing cash flow to fund expansion • Perfect for a buy-and-hold strategy, combining immediate income stability with appreciation potential **Low-Maintenance Asset with Curb Appeal** • Durable stucco exteriors, quality roof, and xeriscaped front yard reduce operating costs • Tenant-maintained backyard minimizes owner responsibilities • Full front privacy fence enhances aesthetics and tenant satisfaction • Clean and easy to lease, low maintenance tenants Agent has interest

Property Features
  • Utilities
    • Natural Gas Available
    • Electricity Connected
    • Natural Gas Connected
    • Phone Connected
  • Cooling Information
    • Ceiling Fan(s)
    • Evaporative Cooling
  • House Interior
    • Ceiling Fan(s)
    • High Speed Internet
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
School Information
School Information for 7740 Idlewild Street, Commerce City, CO 80022
Elementary School
Dupont
Middle School
Adams City
High School
Adams City
Listing Courtesy: Premier Agent Network Colorado LLC - 877-663-9366
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EXIT REALTY DTC, CHERRY CREEK, PIKES PEAK
383 Inverness Parkway Suite 140, Englewood, CO 80112
Sheryll White Broker. 303 790 7200
Dawn Campbell
Associate Broker
Office
303 790 7200
Agent
303 408 3229
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