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Sold for $875,000 on 08/09/24
  • $875,000

    6630 W 38th Avenue, Wheat Ridge, CO 80033

    5beds
    3baths
    3,656sqft
    Quadruplex
    Built in 1955
    -- sqft lot
    $982,500 Zestimate®
    $239/sqft
    $2,267 Estimated rent

    What's special

    New Price for this tremendous Wheat Ridge MU-N Zoning which allows commercial and residential uses. Buy the building as a primary owner with 5% down payment and rent the other 3 units to cover your expense! This all-brick, 4-Plex has one current long-term tenant on Month-to-Month lease. This is an estate – sellers have never lived in the property and have very little actual knowledge of the property. There are no cap rates/rent rates/maintenance records available to share. Both upper units are both 2 bed/1 bath with large kitchen and living room and shared swamp cooler. The lower units are both 1 bed/1 bath with kitchen & living room. (2) furnaces & water heaters - (1) unit supplies an upper and lower unit. Minor improvements have been made to the units. The complex shares a community laundry facility for all tenants. Ample parking for all tenants at rear of the property. All four units are individual electric meter, 2 gas meters, 1 water meter. Interior pictures include three units as the 4th unit is occupied. Building could be easily converted to (2) large duplex units or kept as a 4-plex rental. Great income investment opportunity. Close to I70 and the mountains, LOCATED WITHIN “Ridge at 38” which includes restaurants/lounges like Clancey’s, Mestizo Brew Cantina, Colorado Plus Brew Pub and Taphouse, the Bardo Coffee house, Infinitus Pizza Pie, La Fonda Mexican restaurant, Wheat Ridge Lanes. Not to mention conveniently located to grocery stores, the RTD bus line, highway access, and more! **Contact Listing Agent For Showing Information**

    Zillow last checked: 7 hours ago

    Listing updated: August 10, 2024 at 10:00am

    Listed by:

    Ryan Heckenberg 303-472-2681 Ryan@HGDenver.com,

    Keller Williams Avenues Realty,

    Home Group 303-877-2641,

    Keller Williams Avenues Realty

    Bought with:

    Molly Hollis, 40029596

    Gather Realty

    Source: REcolorado,MLS#: 4359703MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Baseboard, Forced Air, Natural Gas
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Dishwasher, Disposal, Oven, Range, Refrigerator
    • Laundry: Common Area
    Features
    • Flooring: Carpet, Tile, Wood
    • Basement: Exterior Entry,Full
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,656
    • Total interior livable area: 3,656 sqft
    • Finished area above ground: 1,828
    • Finished area below ground: 1,828

    Property

    Parking
    • Total spaces: 7
    • Details: Off Street Spaces: 7
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.27 Acres
    • Features: Irrigated, Landscaped, Level, Near Public Transit
    Details
    • Parcel number: 023567
    • Zoning: MU-N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Brick, Frame
    • Roof: Composition
    Condition
    • Fixer
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected

    Community & neighborhood

    Location
    • Region: Wheat Ridge
    • Subdivision: Barths

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Estate
    Services availability
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    Estimated market value

    $982,500