$875,000
$899,900
2.8%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
3,656 SqFt
SOLD DATE : 08/09/2024
Key Details
Sold Price $875,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 3,656 sqft
Subdivision Barths
MLS Listing ID 4359703
Sold Date 08/09/24
Bedrooms 6
HOA Y/N false
Abv Grd Liv Area 3,656
Originating Board REcolorado
Year Built 1955
Annual Tax Amount $2,623
Lot Size 0.270 Acres
Acres 0.27
Property Description
New Price for this tremendous Wheat Ridge MU-N Zoning which allows commercial and residential uses. Buy the building as a primary owner with 5% down payment and rent the other 3 units to cover your expense! This all-brick, 4-Plex has one current long-term tenant on Month-to-Month lease. This is an estate - sellers have never lived in the property and have very little actual knowledge of the property. There are no cap rates/rent rates/maintenance records available to share. Both upper units are both 2 bed/1 bath with large kitchen and living room and shared swamp cooler. The lower units are both 1 bed/1 bath with kitchen & living room. (2) furnaces & water heaters - (1) unit supplies an upper and lower unit. Minor improvements have been made to the units. The complex shares a community laundry facility for all tenants. Ample parking for all tenants at rear of the property. All four units are individual electric meter, 2 gas meters, 1 water meter. Interior pictures include three units as the 4th unit is occupied. Building could be easily converted to (2) large duplex units or kept as a 4-plex rental. Great income investment opportunity. Close to I70 and the mountains, LOCATED WITHIN "Ridge at 38" which includes restaurants/lounges like Clancey's, Mestizo Brew Cantina, Colorado Plus Brew Pub and Taphouse, the Bardo Coffee house, Infinitus Pizza Pie, La Fonda Mexican restaurant, Wheat Ridge Lanes. Not to mention conveniently located to grocery stores, the RTD bus line, highway access, and more! **Contact Listing Agent For Showing Information**
Location
State CO
County Jefferson
Area Metro Denver
Zoning MU-N
Direction From Wadsworth go East on W 38th Ave .7 miles to property on South Side
Rooms
Basement Full, Walk-Out Access
Interior
Heating Forced Air, Baseboard
Cooling Evaporative Cooling
Appliance Dishwasher, Refrigerator, Disposal
Laundry Common Area
Exterior
Garage Spaces 7.0
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Roof Type Composition
Handicap Access Level Lot
Building
Lot Description Level
Faces North
Story 2
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Two
Structure Type Wood/Frame,Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Stevens
Middle Schools Everitt
High Schools Wheat Ridge
School District Jefferson County R-1
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
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Bought with Gather Realty