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(303) 284-1364
303 Property
3501 Kipling St Unit 3505, Wheat Ridge, CO 80033
- $475,000
- 4
- BD
- 2
- BA
- 1,991
- SqFt
- Sold Price
- $475,000
- List Price
- $475,000
- Closing Date
- Nov 22, 2023
- Type
- Multifamily
- Property Sub Type
- Duplex
- Status
- CLOSED
- MLS Number
- 7492086
- Structural Style
- Traditional
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft Total
- 1,991
- Year Built
- 1949
Property Description
Only Duplex Priced Below $650,000 In Wheat Ridge In The Last 6 Months - Instant Equity - Cash Flows Even With These Interest Rates *** 3501 The 2 Bedroom Side Is Vacant, You Pick Your Tenant (Maybe It's You), You Decide How Much Work ($1000 or $10,000) Before You Rent It *** 3505 The 3 Bedroom Side Has Long Term Month To Month Tenant Who Wants To Stay, Has Had The Same Rent For The Last 3 Years and Knows A Rent Increase Is Coming, (DDRC pays the majority of the rent and it just passed their inspection) - Each Unit Has It's Own Private Large Fenced Yard - New Roof and Gutters July 2023 - (6% Projected Cap Rate At $650,000) - Live In 1 Side and Rent The Other Side - Lots of Upside! - Washer/Dryer hookups in both units (tenants supply w/d) - Each has their own fenced yard - pet friendly tile floors in both units - minimal work has been performed on both units but are rentable as is - do a little work now and a little more next year - *** More Photos of 3505 will be uploaded Wednesday afternoon - please use those photos until accepted offer *** Please see MLS Supplements Prior To Showing ***
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Additional Information
- Lot Size Acres
- 0.3
- Lot Size Sq Ft
- 13,106
- Tax Amount
- $3,060
- Exterior Features
- Private Yard, Rain Gutters
- Water Source
- Public
- Sewer
- Public Sewer
- Heating
- Forced Air, Natural Gas
- Cooling
- None
- School District
- Jefferson County R-1
- Elementary School
- Prospect Valley
- Middle Or Junior School
- Everitt
- High School
- Wheat Ridge
- Unit Number
- 3505
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Courtesy of Century 21 Signature Realty, Inc . shellee@srthomes.com,720-495-4846
Selling Office: MB GUARDIAN RE.