Active Under Contract

8874 – 8876 Lipan, Thornton, CO, 80260

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Listing Provided Courtesy of Resident Realty North Metro LLC

8874 – 8876 Lipan, Thornton, CO, 80260

10 Beds
4 Baths
3,340 SqFt
0.22 Acres

Listing Id

REC3914087
$799,000

Amazing opportunity to own BOTH sides of a duplex! This property is 4 minutes from i25 and 8 minutes from 36, making it an excellent location between Denver and Boulder. Each unit has 4 bedrooms, 2 bathrooms, an extended driveway and a large, private, fully fenced backyard. At 1,675 sq. ft. each, this would be perfect for living on one side, or renting out both sides. One unit is currently occupied but the other is vacant and ready to see. This property is ideal for house hacking or cash flowing in Denver’s booming market. 8% Capitalization Rate (Current rental: $3,000 x 2 units monthly= $72,000 annually – approx. $7,000 annually for insurance and taxes / $799K)

Property Details
Price:
$799,000
MLS #:
REC3914087
Status:
Active Under Contract
Beds:
10
Baths:
4
Address:
8874 – 8876 Lipan
Type:
Single Family Residence
Structure:
Duplex
Subdivision:
South Thornton
City:
Thornton
State:
CO
Finished Sq Ft:
2,505
Total Sq Ft:
3,340
ZIP:
80260
Lot Size:
9,500 sqft / 0.22 acres (approx)
Year Built:
1973
Interior
Appliances
Dishwasher, Range, Refrigerator
Bathrooms
2 Full Bathrooms, 2 Half Bathrooms
Cooling
Central Air
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Denver Square
Construction Materials
Frame, Wood Siding
Parking Spots
4
Roof
Composition
Schools
School District:
Adams 12 5 Star Schl
Elementary School:
North Star
Middle School:
Thornton
High School:
Northglenn
Financial
Buyer Agent Compensation
2.5%
Tax Year
2022
Taxes
$3,416

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8874 – 8876 Lipan
Thornton, CO