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.
Highlights
$598,000 asking price for a two-unit multifamily income property in Keenesburg, CO.
Recently renovated duplex with two 3 bed/2 bath units, each approximately 1232 sq ft.
Strong pro-forma cap rate of 6.24%, with current NOI of $24,094 and pro-forma NOI of $37,320.
Located on a 6,750 sq ft lot with R2 zoning and two parking spaces per unit.
Extensive 2024 interior renovations totaling $135,000, including new HVAC, appliances, and finishes. Exterior updates completed in 2019 include roof, siding, paint, and shutters.
Currently 100% occupied with leases expiring in 2025. NNN leases.
Residential income home - Two-unit income property, recently renovated
Where is the residential income home located?
The property is located at 80 Nelson Ave Keenesburg, CO.
What is the asking price?
The asking price for this property is $598,000.
What are key features of this property?
This property features: $598,000 asking price for a two-unit multifamily income property in Keenesburg, CO.; Recently renovated duplex with two 3 bed/2 bath units, each approximately 1232 sq ft.; Strong pro-forma cap rate of 6.24%, with current NOI of $24,094 and pro-forma NOI of $37,320.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Contacts
Christine Curl
Visit Broker Website
Learn more
Useful Information
Request information
Nelson Ave Keenesburg, CO 80643
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
Nelson Ave Keenesburg, CO 80643
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
80 Nelson Ave
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.