7740 Idlewild St

Description
This is a rare opportunity to acquire two fully separate duplexes with huge detached garage on a combined double lot in under-the-radar, high-demand Commerce City. Offering immediate income, long-term upside, and flexible development potential. Three units renovated and value-add renovation potential on fourth unit. All units fully leased and stable. Individually metered, all with laundry hookups. __Strong...Remodeled 4-Unit Investment with Development Upside | Strong Cash Flow + Value-Add Potential
This is a rare opportunity to acquire two fully separate duplexes with huge detached garage on a combined double lot in under-the-radar, high-demand Commerce City. Offering immediate income, long-term upside, and flexible development potential. Three units renovated and value-add renovation potential on fourth unit. All units fully leased and stable. Individually metered, all with laundry hookups. __Strong Financials & Cash Flow__
• Offered as-is at a 6.75% cap rate, with pro forma projections almost 7.43% cap (includes vacancy and mgmt allowances!) • Pro forma Total Returns achieving 9.9% based on typical investment loan terms (detailed pro forma available)
• All units currently filled, rented below market, providing immediate upside through rent adjustments
• Four detached storage units on-site offer additional income potential
• Stable rent history with consistent increases over time
__Development Potential on Nearly Half an Acre__
• Zoned R-3 with lot size of .4545 acres
• Each building has separate sewer mains, providing critical infrastructure for future development
• Expansive side yards and an enormous unused rear lot open the door for increased density or phased development
• Ideal for investors to rent one building while developing the other, leveraging existing cash flow to fund expansion
• Perfect for a buy-and-hold strategy, combining immediate income stability with appreciation potential
__Low-Maintenance Asset with Curb Appeal__
• Durable stucco exteriors, quality roof, and xeriscaped front yard reduce operating costs
• Tenant-maintained backyard minimizes owner responsibilities
• Full front privacy fence enhances aesthetics and tenant satisfaction
• Clean and easy to lease, low maintenance tenants
Agent has interest
- Listed by Nathaniel Weidner • Premier Agent Network Colorado LLC • weidner.nw@gmail.com,303-968-4354
Property Details for 7740 Idlewild Street
Property Details for 7740 Idlewild Street
Status | Active |
---|---|
MLS # | 2940083 |
Days on Compass | 67 |
Taxes | $4,367 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Income Property |
Year Built | 1976 |
Lot Size | 0.45 AC / 19,602 SF |
County | Adams County |
Location
Building Information for 7740 Idlewild Street
Payment Calculator
$6,431 per month
30 year fixed, 6.845% Interest
$6,067
$364
$0
Property Information for 7740 Idlewild Street
- Building Area Total (SqFt Total): 3638
- Sqft Total: 3638
- Living Area (SqFt Finished): 3638
- Above Grade Finished Area: 3638
- Living SqFt: 3638
- PSF Total: 318
- PSF Above Grade: 318
- PSF Finished: 318
- Master on Main: No
- Direction Faces: Northwest
- Foundation Details: Slab
- Heating: Natural Gas
- Cooling: Air Conditioning-Room, Evaporative Cooling
- Interior Features: Ceiling Fan(s), High Speed Internet, Quartz Counters
- Flooring: Tile, Vinyl
- Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Washer
- Laundry Features: In Unit
- Bedrooms Total: 8
- Bathrooms Total: 4
- Unit Type: 2 Bedroom
- Units Total: 4
- Unit Average Rent: $1,968.00
- Unit Average Sq Ft: 880
- Beds Total: 2
- Baths Total: 1
- Number Of Dishwashers: 1
- Number Of Washers: 1
- Number Of Dryers: 1
- Number Of Hookups: 1
- Number Of Refrigerators: 1
- Number Of Stoves: 1
- Numberof Storage Units: 1
- Description: avg rent includes utility billback and garage
- Parking Features: Gravel
- Attached Garage: No
- Parking Type: Carport (Attached)
- Parking Description: Carport (Attached)-4
- Parking Details: 4
- Parking Total: 1
- Garage Spaces: 0
- Offstreet Spaces: 0
- Parking Count: 4
- Carport Spaces: 4
- Reserved Spaces: 0
- RV Spaces: 0
- Association Fee Total Annual: $0
- Senior Community: No
- Elementary School: Dupont
- Elementary School District: Adams 14
- Middle Or Junior School: Adams City
- Middle Or Junior School District: Adams 14
- High School: Adams City
- High School District: Adams 14
- Lot Size Acres: 0
- Lot Size Square Feet: 19602
- Zoning: R-3
- Fencing: Full
- Property Exclusions: Tenants personal property
- Green Verification Count: 0
- Out Building Count: 0
- Horse: No
- Construction Materials: Stucco
- Property Condition: Updated/Remodeled
- Roof: Composition
- Common Walls: 1 Common Wall
- Livable Structure Count: 0
- Unit Count: 1
- Water Source: Public
- Utilities: Natural Gas
- Sewer: Public Sewer
- Electric: Separate Meter Electricity
Property History for 7740 Idlewild Street
Date | Event & Source | Price | Appreciation |
---|---|---|---|
May 5, 2016 | Sold (Public Record) Public Record #571100734 | $442,500 | — |
Date | Event & Source | Price |
---|---|---|
05/05/2016 | Sold (Public Record) Public Record #571100734 | $442,500 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7740 Idlewild Street
Schools near 7740 Idlewild Street
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Dupont Elementary School PublicPK to 5 | ||
Adams City Middle School Public6 to 8 | ||
Adams City High School Public9 to 12 | ||
Lester R Arnold High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Premier Agent Network Colorado LLC, Nathaniel Weidner
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/15/2025 09:29 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.
