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    6251 E 66Th Pl Commerce City, CO 80022

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    For Sale
    $700,000

    Rare, updated 3-unit income property with projected high returns.

    Lot size:
    0.23 Acres

    Property Features for 6251 E 66Th Pl

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1962

    Source: RE/MAX of Cherry Creek Agent Leo Rowen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Triplex in Commerce City

    Located on a quiet street, this updated three-unit income property features newer vinyl plank flooring, carpet, interior doors, vanities, kitchen cabinetry, countertops, appliances, a furnace, and a water heater. Each of the three units includes two bedrooms and one bathroom. The property provides six off-street parking spaces and is situated on a 10,052 square foot lot, offering potential for enhancements. This property is suitable as an investment opportunity or for an owner-occupant looking to rent out the other units. The property is located in Commerce City, CO. Two units are vacant, and one is occupied at a lower market rent. Projected rents are $1,750 per unit, with projected expenses around $6,000.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Commerce City
    County
    Adams
    State
    Colorado
    Longitude
    -104.9159118
    Latitude
    39.8171874

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    FAQs

    What type of property is this?
    Triplex - Rare, updated 3-unit income property with projected high returns.
    Where is this triplex located?
    The property is located at 6251 E 66Th Pl Commerce City, CO.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Updated 3-unit income property with potential for high cash flow (projected 8 CAP rate).; - Each unit features newer vinyl plank flooring, carpet, interior doors, vanities, kitchen cabinetry, countertops, appliances, furnace, and water heater.; - Three spacious units, each with two bedrooms and one bathroom.
    (303) 521-0360
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    6251 E 66Th Pl Commerce City, CO 80022
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    Commerce City, CO 80022
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6251 E 66Th Pl Commerce City, CO 80022
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