6680 63Rd Pl Commerce City, CO 80022
This exceptional investment opportunity presents a charming two-unit apartment building nestled in Commerce City, Colorado. Situated on a 0.26-acre lot at 6680 E 63rd Pl, 80022, this 1947-built property offers a compelling blend of established income and future growth potential. The building boasts a total of 1,400 square feet, with each unit commanding a price of $242,500. Currently generating a Net Operating Income (NOI) of $34,827, resulting in a 7.18% capitalization rate, the property's pro-forma NOI is projected at $39,643, translating to an attractive 8.17% pro-forma cap rate. This suggests significant upside potential for savvy investors. The property's location in Adams County provides easy access to major transportation routes and amenities, enhancing its appeal to tenants. This duplex presents a rare chance to acquire a well-positioned multifamily asset with immediate cash flow and substantial room for value appreciation. The asking price for this lucrative investment is $485,000. Don't miss this opportunity to add a strong performer to your portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.