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  • $475,000

    3501 Kipling Street Bldg 3501 Unit 3505, Wheat Ridge, CO 80033

    5beds
    2baths
    1,991sqft
    Duplex
    Built in 1949
    -- sqft lot
    $528,800 Zestimate®
    $239/sqft
    $-- Estimated rent

    What's special

    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 ***

    Zillow last checked: 7 hours ago

    Listing updated: November 22, 2023 at 05:25pm

    Listed by:

    Shellee Scherr 720-495-4846 shellee@srthomes.com,

    Century 21 Signature Realty, Inc,

    Kyle Scherr 720-495-4846,

    Century 21 Signature Realty North, Inc.

    Bought with:

    Kyle von Kaenel, 100089966

    Guardian Real Estate

    Source: REcolorado,MLS#: 7492086MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Disposal, Range, Range Hood, Refrigerator, Sump Pump
    • Laundry: In Unit, Main Level, Multiple Locations
    Features
    • Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Tile Counters, Walk-In Closet(s)
    • Flooring: Tile
    • Has basement: No
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,991
    • Total interior livable area: 1,991 sqft
    • Finished area above ground: 1,991

    Property

    Parking
    • Total spaces: 6
    • Parking features: Concrete, Gravel
    • Has uncovered spaces: Yes
    • Details: Off Street Spaces: 6
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Exterior Access
    • Exterior features: Private Yard, Rain Gutters
    • Fencing: Full
    Lot
    • Size: 0.30 Acres
    • Features: Corner Lot
    Details
    • Parcel number: 048687
    • Zoning: R2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Block, Stucco
    • Roof: Membrane
    Condition
    • Fixer
    • Year built: 1949

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available

    Community & neighborhood

    Location
    • Region: Wheat Ridge
    • Subdivision: Valley Vista

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,VA Loan
    • Ownership: Corporation/Trust
    Services availability
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    Estimated market value

    $528,800