3812 & 3822 W 89th Way, Westminster, CO 80031
- $670,000
- 6
- BD
- 4
- BA
- 2,890
- SqFt
Courtesy of RE/MAX Northwest Inc . BRADWITHREMAX@MSN.COM,303-994-6625
Selling Office: Jamie Tokarz Real Estate.- Sold Price
- $670,000
- List Price
- $690,000
- Closing Date
- May 29, 2026
- Type
- Multifamily
- Status
- CLOSED
- MLS Number
- 7888255
- Finished Sqft
- 2,890
- Subdivision
- Shaw Heights
- Year Built
- 1976
Property Description
Turnkey investment opportunity, own both sides of this duplex with strong, reliable income in place. The property currently generates $3,905/month in rental income, with each spacious unit offering 2,136 total sq ft, 3 bedrooms, 2 bathrooms, basement, attached one-car garage, and a shared driveway. Unit 3812 is leased through 12/31/2026 at $1,900/month to a long-term tenant of 17 years, while Unit 3822 is leased through 11/30/2026 at $2,005/month to a newer tenant who intends to stay long term. Both tenants are 100% Section 8 subsidized, providing consistent and dependable cash flow. Each unit also features a large, fenced backyard, adding to tenant appeal and long-term value. With an immediate GROSS cap rate of approximately 7% and upside potential through future improvements and rent optimization, this is an ideal opportunity for investors seeking stable returns with room to grow.
Additional Information
- School District
- Westminster Public Schools
- Elementary School
- Flynn
- Middle School
- Shaw Heights
- High School
- Westminster
- Parking Spaces
- 2
- Basement
- Unfinished
- Lot Size
- 9,000
- Acres
- 0.21
- Taxes
- $5,064
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