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Key Details
Sold Price $860,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $277
Subdivision Brookside
MLS Listing ID 9908854
Bedrooms 9
Year Built 1961
Annual Tax Amount $3,873
Tax Year 2023
Lot Size 0.290 Acres
Property Description
WOW! $76,000 PRICE REDUCTION FOR ONE LEVEL FOURPLEX IN THE HEART OF WHEATRIDGE WITH 12 PARKING SPACES! SELLERS HAD CONSISTANT LONG TERM TENANTS THAT RENTED FOR MANY YEARS IN ALL FOUR UNITS. OWNERS ASKED ALL RENTERS TO VACATE, IN ANTICIPATION OF THE SALE. THESE UNITS ARE ALL EASY TO VIEW AND YOU WILL SEE FOR YOURSELF THE POTENTIAL THIS PROPERTY HAS IN THIS DESIRABLE WHEAT RIDGE LOCATION.
THE FIRST UNIT TO THE WEST HAS THREE BEDROOMS, A FULL BATHROOM AND A LARGE FENCED IN YARD. THE REMAINING 3 UNITS EACH HAVE TWO BEDROOMS AND A FULL BATHROOM WITH A SMALL FENCED IN AREA OUTSIDE THEIR BACK DOORS. ONE UNIT EVEN HAS A BUILT IN COVERED GAZEBO TYPE STRUCTURE. EACH UNIT ALSO HAS IT'S OWN WASHER AND DRYER HOOK UP AND IT'S OWN ELECTRICAL BOX. THERE IS ONE BOILER AND ONE WATER TANK IN THE SHED BEHIND THE BUILDING THAT SERVES ALL 4 UNITS. SELLER PAID FOR THE HEAT AND WATER. THERE IS NO AC SYSTEM, BUT SOME OF THE TENANTS HAD WINDOW COOLERS.
CHECK OUT THE LOCATION: DIRECTLY ACROSS THE STREET TO THE WEST IS LOUIS TURNER PARK, AND THE WR FIRE STATION IS ACROSS 38TH AND ONE DOOR DOWN. IT'S IN A PRIME LOCATION AS IT SITUATED LITERALLY MINUTES TO KING SOOPERS, HOSPITALS, PARKS, SCHOOLS, RESTAURANTS, I=70, MOUNTAINS AND MORE!
RENT IT OUT AS IS, OR UPDATE AND INCREASE THE RENT FOR A GREATER RETURN!
Location
State CO
County Jefferson
Interior
Heating Hot Water
Cooling None
Flooring Carpet, Tile
Laundry In Unit
Exterior
Fence Partial
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected
Roof Type Composition
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Structure Type Brick,Wood Siding
Schools
Elementary Schools Prospect Valley
Middle Schools Everitt
High Schools Wheat Ridge
School District Jefferson County R-1
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Legacy 100 Real Estate Partners LLC
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Joseph Newman
The Colorado Broker | License ID: 069025
The Colorado Broker License ID: 069025
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