Perfect investment opportunity! Property was successfully rented with great tenants since the owner purchased the units. A change of owners circumstances during renovations is our loss and your gain! No known defects, contractor walked away! Looking for a willing buyer to finish the renovations and re-rent this otherwise profitable duplex in the heart of Wheat Ridge. Original house was a walkout ranch on a massive lot and was converted to an upper and lower level duplex. There is not presently interior access to the basement, but a single family home could be restored easily or keep it a duplex and use for rental income! Basement unit is in reasonably good condition and ready to rent immediately! Lower level addition offers mid century charm with fireplace and extensive windows. 2 bedroom and full bath. Laundry and utility room in basement unit. All HVAC is in updated condition and roof is newer and in good shape. Properties are fenced separately and both offer large yards. Upper level includes a sunny family room, 3 bedrooms and full bathroom (needs your touch of course) and a gutted kitchen. Charming outdoor fanned steps to huge private yard. Shed and 4 off street parking spaces are great for tenants. Remarkably quiet block with walking access to public transportation, easy access to highway and very conveniently located. Appliances including stove, refrigerator, washer and dryer will all stay. We realize the financing options are limited and look forward to a creative buyer who may be able to work with an FHA renovation loan, cash programs or a portfolio product with a local bank. Low taxes and insurance costs make this unit very profitable once rented. Check with the city about 4 plex? Scrape and build your dream home? Live upstairs and rent the basement? Consider all options for the right buyer!
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