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7200 W 34th Ave, Wheat Ridge, CO 80033

$725,000
: 6
BD
: 2
BA
: 2,304
SqFt

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Sold Price: $725,000
List Price: $685,000
Closing Date: Aug 06, 2024
Type: Multifamily
Property Sub Type: Duplex
Status: CLOSED
MLS Number: 1731583
Structural Style: Traditional
Bedrooms: 6
Bathrooms: 2
Sqft Total: 2,304
Year Built: 1957

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Property Description

Investors and owner-occupants, take notice! This charming Wheat Ridge duplex offers a fantastic opportunity. Unit 7210 boasts a remodeled kitchen, bathroom, new flooring, and fresh paint (all within the last few years). Previously rented for $2,200, this gem has the potential to command rents of $2,500+ per month and features a private driveway for added convenience. The second unit (7200) has a long-term tenant at $1,200 per month, presenting a chance to increase income with renovations. Unit 7200 offers a private patio and a 2-car garage, while both units have fenced-in yards unit 7210 has dedicated garden boxes for the green thumb. Peace of mind comes with recent major improvements: vinyl windows (2017), new furnaces (2017), fresh exterior paint, new garage doors, and a new roof (2017). The desirable location near 38th Avenue's shops and restaurants ensures consistent tenant demand. This income property with an updated unit and prime location is a rare find – act fast!

(303) 522-8226

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Additional Information

Lot Size Acres: 0.24
Lot Size Sq Ft: 10,665
Tax Amount: $3,778
Exterior Features: Garden, Rain Gutters
Water Source: Public
Sewer: Public Sewer
Heating: Forced Air
Cooling: Evaporative Cooling
School District: Jefferson County R-1
Elementary School: Stevens
Middle Or Junior School: Everitt
High School: Wheat Ridge