9475-9485 W 38th Avenue

Wheat Ridge, CO 80033

Incomes Property  $595,000  Under Contract

08-07-2017 09:32am

solid brick duplex in wheat ridge location.extreme income potential.some updating done in 9475 side and is currently vacant and easy to show.some updating in 9485 includes tile handrailing,bath.Insurance credit of at least $20,000 is available for full cost replacement of roof,window and gutter damage,but must be repaired by buyer or seller.income potential,just needs good management or live in one side,collect rent from other.too numerous of repairs to go FHA-VA and property is sold AS-IS,but subject to your inspection.short listing period as owner will rent out again by 7/31/17.close to transportation and blocks from lutheran hospital.has nice fenced yard and covered patios and playhouse/storage shed.great opportunity for investor or owner occupant.current rents are low due to condition,but potential exists.9485 side currently not available to show,subject to accepted contract.owner may carry.call listor.MAKE ANY OFFER!!!!!!!!!!!!!!!!!!

MLS#
5352954
MLS Originator
REcolorado (Denver)
Off Market Date
08-01-2017 12:00am
Original Price
$595,000
Distance to Bus
0.01
Distance to Rail
5.00
Nearby Attraction
Corner Lot, Near Public Transit

Property
Income
Property Subtype
Income
Status
Under Contract
Status Conditions
None Known
Last Update
08-07-2017 09:32am
Bedrooms
10
Bathrooms
6
SqFt
5157
Year Built
1966
Der PSF Total
115.38

SqFt Lot
15504.00
SqFt Finished
5157
SqFt Basement
2370
SqFt Above
2587

Previous Year Tax
$4,105
Terms and Conditions
Cash, Owner Will Carry
Transaction Type
For Sale

Interior Features
Eating Space / Kitchen, Exterior Basement Entrance, Master Bath
Appliances
Refrigerator (Kitchen), Stove/Range/Oven, Sump Pump
Flooring
Carpet, Laminate, Tile Floor, Wood Floors
Cooling
Evaporative Cooler (Swamp)
Heating
Hot Water
Heating Fuel
Gas

Baths Full
0
Laundry Availability
W/D Hookups in Unit

General
Corner Lot, Near Public Transit
Features
Covered Patio, Fence, Front Porch, Patio, Satellite Dish, Utility Shed, Yard
Base Type
Walk-Out
Base Finished
Yes
Base Size
Full
Basement Finished %
100
Parking Spaces
2
Parking Features
220 Volts, Driveway-Circular, Driveway-Concrete
Vehicle Spaces
6
Type
# of Space
L x W
Description
Garage (Attached)
2
22 x 24
Off-Street
4
-
Lot View
Mountain View

Building Type
Duplex (all units)
Structure
Ranch/1 Story
Roof
Composition Shingles
Construction
Brick
Architectural Style
Traditional
Exterior Features
Covered Patio, Fence, Front Porch, Patio, Satellite Dish, Utility Shed, Yard
Construction Method
Brick
Builder Source
County Records

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

Annual Actual Expenses
4100
Annual Projected Expenses
16100
Annual Actual Income
39600
Annual Projected Income
60000
Annual Actual Net Income
35500
Annual Projected Net Income
43900
Unit Furnished
0

PPA
1652777.78
Lot Width
0.00

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 9475-9485 W 38th Avenue, Wheat Ridge, CO 80033
- Property Type: Incomes Property, 10 beds, 6 baths, 5157 SqFT
- Selling Price: $595,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$595,000 (1)
$595,000 (1)
$595,000 (1)
$595,000 (1)
Area 2 (1-2 miles)
$595,000 (1)
$595,000 (1)
$595,000 (1)
$595,000 (1)
Area 3 (2-3 miles)
$595,000 (1)
$595,000 (1)
$595,000 (1)
$595,000 (1)
Area 4 (3-5 miles)
$595,000 (1)
$595,000 (1)
$595,000 (1)
$595,000 (1)

executed in 4.689 sec.