The Colorado WholesalerThe Colorado Wholesaler
Amazing opportunity to own a seller financed duplex in Fort Lupton with immediate cashflow AND potential to finish basements and add an even higher return!!
Home type: Side-by-side duplex
Basic info (bd/ba/sqft): 2 bed/1 bath per unit. 900 sq. ft. per floor. (3600sqft total)
Basement status: Full unfinished basements on each side (900sqft). Room for 2 more bedrooms and another bathroom.
Cosmetics: Good. One unit recently updated.
Structural: New furnace in one unit. New WH in one unit. Older roof.
HOA: None
Parking: Off street
Occupancy: Rental. One vacant/one occupied.
Current tenant is paying $1550 per mo.
Previous tenant in vacant unit was paying $2000 a mo.
Purchase via Contract for Deed (Deed will be held in escrow until contract is paid off)
Purchase Price: $560,000
Down Payment: $37,000
Exist. mortgage balance: $142,644
Mortgage payment PITI: $1447
Rate: 4.25%
19 years left on mortgage (this payment falls off once paid)
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Seller finance note: $380,355.56
Term: 40 years
Rate: 4%
Monthly payment: $1,588.59
Click link for more photos and video walkthrough!
https://drive.google.com/drive/folders/1FQP6mmBIU8lSm7M6fo3mu6htBhDVZfFU?usp=drive_link
3 Bedrooms | 2.5 Baths | 2,783 ft
3 Bedrooms | 2.5 Baths | 2,858 ft
6 Bedrooms | 3 Baths | 3,319 ft
