Arvada, CO 80002 5513 Newland Way
$500,000
19 more
Presented By: Live West Realty; 7203061415
Beds • 4
Baths • 2
SQFT • 1,785
Home Details
Fantastic investment opportunity in this duplex just a short walk from Olde Town Arvada and the light rail to Denver. Each unit has 2 bedrooms, 1 bathroom, oak flooring and a private, fenced back yard and patio. Electric and gas are metered separately and can be passed through to tenants as well as trash pickup. Water is combined on a single bill and the lots have been landscaped with low water options to keep costs low. Tons of storage in the included sheds and the location make it easy to rent and a great opportunity. 5513 is easy to show, 5517 is occupied and no showings will be allowed without an accepted offer. Property is being offered as an "As-Is" sale.
Presented By: Live West Realty; 7203061415
Interior Features for 5513 Newland Way
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths2
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementNone
Fireplace Y/NNo
FlooringWood Floors
Heating Y/NYes
Interior AmenitiesHigh Speed Internet, Eat-in Kitchen, Outside Entry
Laundry FeaturesWasher/Dryer Hookups
Window FeaturesWindow Coverings
General for 5513 Newland Way
AccessibilityLevel Lot, Level Drive, No Stairs, Main Floor Bath, Main Level Bedroom
AppliancesElectric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Architectural StyleRanch
Attached Garage No
Cap Rate6.72
CityArvada
Construction MaterialsBrick/Brick Veneer
CoolingWall/Window Unit(s), Ceiling Fan(s)
CountyJefferson
ElectricElectric, Separate Meter Electricity, Xcel Energy
Elementary SchoolSecrest
Entry LocationOutside Entry
ExclusionsTenant's Personal Property
Facing DirectionEast
Garage Y/NNo
Gas Y/NNatural Gas, Separate Meter Gas, Xcel Energy
Gross Income42000
HOANo
HeatingForced Air
High SchoolArvada
High School DistrictJefferson Dist R-1
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet7710
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolDrake
Net Operating Income33605
New ConstructionNo
Number Of Units Total2
Operating Expense8395
Other StructuresStorage
Patio/Porch FeaturesPatio
Possible UseMulti-Family
Property Attached Y/NYes
Property ConditionNot New, Previously Owned
Property SubtypeAttached Dwelling
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive/Backup
Stories Count1
Structure TypeDuplex
Subdivision NameWinns
Tax Annual Amount3555
Tax Year2024
Tenant PaysDeposit, Gas, Electricity
UtilitiesNatural Gas Available, Electricity Available, Cable Available
Virtual TourClick here
Year Built1964
ZoningRES
Exterior for 5513 Newland Way
FencingFenced
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Lawn Sprinkler System, Level, Within City Limits
Lot Size Acres0.18
Lot Size Area7710
Other ParkingParking Per Unit(1 Space/Unit)
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, City of Arvada
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Arvada High School
Middle School
Drake Middle School
Elementary School
Secrest Elementary School
