6450 W 35th Avenue

Wheat Ridge, CO 80033

Incomes Property  $500,000  Expired

09-22-2017 10:10am

Great investment property opportunity. Almost $3000/month in income, with room to increase, but also great long term tenants. Both units have off street parking, and private fenced in back yards. Great location off of 38th Ave, and incredibly quick access to major thorough fairs. You get quality tenants paying quality rent, in a neighborhood that's considerably less expensive than the highlands. Roof recently redone with warrantied product. 6440 is leased through the end of July 2018 and 6450 is leases through October 2017. Full kitchens with dishwashers stoves, ovens, fridges, and individual laundry as well. This is a fantastic price on an already well run/professionally managed property that will make a fantastic addition to an existing portfolio, or simply help you get your feet into the investment game!

MLS#
6106715
MLS Originator
REcolorado (Denver)
Off Market Date
08-15-2017 12:00am
Original Price
$500,000

Property
Income
Property Subtype
Income
Status
Expired
Status Conditions
None Known
Last Update
09-22-2017 10:10am
Bedrooms
5
Bathrooms
2
SqFt
2039
Year Built
1955
Der PSF Total
245.22

SqFt Lot
14493.00
SqFt Finished
2039
SqFt Above
2039

Previous Year Tax
$2,047
Terms and Conditions
Cash, Conventional, Exchange, FHA
Transaction Type
For Sale

Interior Features
Breakfast Nook, Eating Space / Kitchen
Appliances
Dishwasher, Stove/Range/Oven
Flooring
Carpet, Vinyl/Linoleum, Wood Floors
Cooling
None
Heating
Forced Air
Heating Fuel
Gas

Baths Full
0
Laundry Availability
W/D Hookups in Unit

Features
Fence, Front Porch, Garden Area, Yard
Base Size
None
Parking Spaces
1
Parking Features
Driveway-Concrete
Vehicle Spaces
4
Type
# of Space
L x W
Description
Off-Street
4
-

Building Type
Duplex (all units)
Roof
Rolled Roofing
Construction
Brick
Exterior Features
Fence, Front Porch, Garden Area, Yard
Construction Method
Brick
Builder Source
County Records

School District
Jefferson County R-1
Elementary School
Stevens
Middle School
Everitt
High School
Wheat Ridge

Annual Actual Expenses
8000
Annual Projected Expenses
8000
Annual Actual Income
32940
Annual Projected Income
40000
Annual Actual Net Income
24940
Annual Projected Net Income
32000
Unit Furnished
0

PPA
1515151.52
Lot Width
0.00

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