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Off market
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  • $1,285,000

    7170 W 44th Ave, Wheat Ridge, CO 80033

    6beds
    11baths
    10,123sqft
    Condo
    Built in 1962
    -- sqft lot
    $1,285,000 Zestimate®
    $127/sqft
    $3,994 Estimated rent

    What's special

    Current CAP Rate is 4%. Once two more residential units are rented, it will jump to 8%. This building will be a great income property for investors who want to be a little more involved than current owners, and could increase income with some minor changes. Two Story brick and concrete block building that was built in 1962 and since well maintained by original owners. 5 Retail Units on the Lower Level, and 2 Residential Units on the 2nd floor, as well as a Basement Residential Unit. Newer, painted, galvanized, and reinforced metal roof as of 2004. Recently painted exterior in 2009. Anchored by long term Dry Cleaner and Laundromat tenant. 27 Parking spaces in front, and residential parking in back. Ample signage facing 44th Avenue. Hundreds of feet of Glass Front retail facing 44th. 2 Owner-Occupied Residential Units. Beautiful Hardwood Floors in Residential Units. Residential Unit kitchens remodeled in 2009. Mixed Use, Multi Family and Retail. 13,000+ Vehicles Pass By Daily.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 11
    Heating
    • Other
    Interior area
    • Total interior livable area: 10,123 sqft

    Property

    Features
    • Exterior features: Cement / Concrete
    Lot
    • Size: 0.40 Acres
    Details
    • Parcel number: 3923402022

    Construction

    Type & style
    • Home type: Condo
    Materials
    • concrete
    Condition
    • Year built: 1962

    Community & neighborhood

    Location
    • Region: Wheat Ridge
    Services availability
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    Estimated market value

    $1,285,000