4785 Carr Street

Fantastic investment opportunity in Wheat Ridge! This side-by-side duplex offers two spacious 2-bed, 1-bath units (unit 4785 and 4787), perfectly situated close to Wadsworth and vibrant Old Town Arvada with shopping, dining, and entertainment at your fingertips. One unit is currently leased at $1,685/month, while the second unit is vacant—recent Rentometer analysis indicates potential rents averaging $1,906 and median rents at $1,798/month, offering great income potential.

Ideal for both investors and owner-occupants: live comfortably in one unit while generating rental income from the other, or rent both units long-term or short-term (Wheat Ridge allows short-term rental permits). Future possibilities include splitting the duplex into individual units (buyer to verify details with the city).

Recent updates include upgraded electrical panels and service, new water heaters, and a certified roof, making this duplex rental-ready. Tenants pay their own gas and electric utilities, minimizing landlord expenses. Easy access to I-70 and conveniently located near the new Lutheran Hospital, adding to its appeal.

Please note: the bush in front of the second unit will be removed prior to sale.

Contact the listing agent today for more information or to schedule your private showing!