3721 Ames Street

Wheat Ridge, CO 80212

Incomes Property  $429,900  Sold

04-20-2018 09:50am

Fantastic up and down rental property in the heart of Wheat Ridge! Huge upside potential with rents increase! Walk to everything! Never vacant! New roof 2018. New furnace 2017. New windows 2016. Large fenced back yard with covered patio. Separate entrances. 2 car garage with long driveway for extra parking. Upper unit has 2 bedrooms, 1 full bath, wood floors and doors, archways, large bedrooms, formal dining, long term tenants with lease until 9/30/18, $1077/month. Lower unit is 2 bedroom, 1 full bath, gas stove, large living room, kitchen with eat-in area, tenants are month to month at $900/month. New siding to be installed prior to closing.

MLS#
2806301
MLS Originator
REcolorado (Denver)
Off Market Date
03-16-2018 12:00am
Original Price
$450,000
Nearby Attraction
Near Public Transit

Property
Income
Property Subtype
Income
Sold
Status Conditions
None Known
Last Update
04-20-2018 09:50am
Bedrooms
4
Bathrooms
2
SqFt
2056
Year Built
1940
Der PSF Total
209.10

SqFt Lot
7234.00
SqFt Finished
1953
SqFt Basement
1028
SqFt Above
1028

Sold Price
$429,900
Previous Year Tax
$1,518
Terms and Conditions
Cash, Conventional, Exchange
Owner Paid Utilities
Electricity,Gas,Trash,Water
Transaction Type
For Sale

Appliances
Cook Top, Dishwasher, Disposal, Dryer, Refrigerator (Kitchen), Smoke Alarm, Stove/Range/Oven, Washer
Flooring
Wood Floors
Cooling
Ceiling Fan, Evaporative Cooler (Swamp)
Heating
Forced Air
Heating Fuel
Gas

Laundry Availability
Shared Laundry in Building

General
Near Public Transit
Features
Fence, Front Porch
Base Type
Garden Level
Base Finished
Yes
Base Floor Plan
Structural
Base Size
Full
Parking Spaces
1
Parking Features
Driveway-Concrete
Vehicle Spaces
2
Type
# of Space
L x W
Description
Garage (Detached)
2
-

Building Type
Duplex (all units)
Structure
Ranch/1 Story
Roof
Architectural Shingles
Construction
Vinyl Siding
Architectural Style
Traditional
Exterior Features
Fence, Front Porch
Construction Method
Frame
Builder Source
County Records

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

Annual Actual Expenses
1538
Annual Projected Expenses
1518
Annual Actual Income
23724
Annual Projected Income
26400
Annual Actual Net Income
22186
Annual Projected Net Income
24882
Unit Furnished
0

PPA
2528823.53
Lot Width
0.00
Road Surface
Paved Road

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 3721 Ames Street, Wheat Ridge, CO 80212
- Property Type: Incomes Property, 4 beds, 2 baths, 2056 SqFT
- Sold Price: $429,900
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$0 (0)
$0 (0)
$0 (0)
$0 (0)
Area 2 (1-2 miles)
$0 (0)
$0 (0)
$0 (0)
$0 (0)
Area 3 (2-3 miles)
$452,000 (2)
$501,333 (3)
$501,333 (3)
$501,333 (3)
Area 4 (3-5 miles)
$452,000 (2)
$541,000 (4)
$541,000 (4)
$541,000 (4)

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