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80 Nelson Ave Keenesburg, CO 80643

OFF-MARKET Residential income homes Google Maps
2,464 SF Built 1993
Estimated value
No estimation on file for this property yet.
Property ID US13-0422847

Property summary

AI-generated overview

This exceptional Keenesburg, Colorado investment property presents a rare opportunity to acquire a meticulously maintained, two-unit duplex. Boasting a total of 2,464 square feet, this property features two 3-bedroom, 2-bathroom units, each with a 2-car parking space. The units were completely renovated in 2024, including new kitchens, bathrooms, flooring, appliances, and windows, representing a $135,000 investment. Exterior improvements completed in 2019 include a new roof, siding, paint, and shutters. The property sits on a 6,750 square foot lot and is zoned R2. Currently, both units are 100% occupied, with leases in place through July 1, 2025 (one unit) and October 4, 2025 (the other). The current Net Operating Income (NOI) is $24,094, with a projected NOI of $37,320, resulting in a pro-forma cap rate of 6.24%. The property benefits from a new hot water boiler heat system and mini-split AC units, ensuring efficient and comfortable living for tenants. Located in a desirable area, this property offers a strong return on investment with minimal maintenance requirements. Tenants are responsible for all utilities except water/sewer (not separately metered) and trash. This is a turnkey investment opportunity with significant upside potential. The property is not subject to HOA fees or Metro District assessments.

Property profile

Verified
Property type Residential income homes
Year built 1993
Total area 2,464 SF
UPID US13-0422847

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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