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 ***
Sold
$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
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#: 7492086

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