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5045 Swadley St Unit 5055, Wheat Ridge, CO 80033

$895,000
: 5
BD
: 4
BA
: 2,465
SqFt

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Sold Price: $895,000
List Price: $910,000
Closing Date: Oct 22, 2024
Type: Multifamily
Property Sub Type: Duplex
Status: CLOSED
MLS Number: 9905044
Bedrooms: 5
Bathrooms: 4
Sqft Total: 2,465
Year Built: 1977

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Property Description

Investment opportunity, recently renovated duplex???an enticing addition to any investment portfolio. Boasting a comprehensive refurbishment, including new floors, paint, kitchens, and baths, this property promises a hassle-free ownership experience with minimal maintenance requirements. The larger unit at 5045 Swadley is 1,474 square feet of prime rental space or as the owners quarters (current lease ends 7/31/2024), comprising 3 bedrooms and 2 baths. 5055 Swadley offers 991 square feet, accommodating 2 bedrooms and 1 bath. Both units are tailored for tenant satisfaction, featuring individual washer/dryer units, 1-car garages, and expansive private backyards. Boasting zero vacancies since ownership and consistent rent increases, this property has consistently ranked within the top 75% of rental comps???a testament to its enduring appeal and solid investment potential. Ideal for savvy buyers seeking both a residence and a revenue stream, live in one side and rent out the other. This property presents an opportunity for owner-occupied financing. Imagine owning a home that not only meets your family's needs but also includes an additional unit for supplementary income and enhanced qualification for your mortgage. Positioned strategically between Golden, Wheat Ridge, and Arvada, these units cater to a thriving rental market, ensuring steady occupancy and lucrative rental income. This locations gives tenant and/or owner occupants the advantage of an amazing school district, Jefferson County School District. Seize the opportunity to diversify your portfolio with this turnkey investment property. .

(303) 522-8226

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Additional Information

Lot Size Acres: 0.31
Lot Size Sq Ft: 13,503
Tax Amount: $3,967
Exterior Features: Private Yard, Rain Gutters
Water Source: Public
Sewer: Public Sewer
Basement Type: Finished
Heating: Baseboard, Forced Air
Cooling: Evaporative Cooling
School District: Jefferson County R-1
Elementary School: Vanderhoof
Middle Or Junior School: Drake
High School: Arvada West
Unit Number: 5055