Description
New Price for this tremendous Wheat Ridge MU-N Zoning which allows commercial and residential uses. Buy the building as a primary owner with 5% down payment and rent the other 3 units to cover your expense! This all-brick, 4-Plex has one current long-term tenant on Month-to-Month lease. This is an estate sellers have never lived in the property and have very little actual knowledge of the property. There are no cap rates/rent rates/maintenance records available to share. Both upper units are both 2 bed/1 bath with large kitchen and living room and shared swamp cooler. The lower units are both 1 bed/1 bath with kitchen & living room. (2) furnaces & water heaters - (1) unit supplies an upper and lower unit. Minor improvements have been made to the units. The complex shares a community laundry facility for all tenants. Ample parking for all tenants at rear of the property. All four units are individual electric meter, 2 gas meters, 1 water meter. Interior pictures include three units as the 4th unit is occupied. Building could be easily converted to (2) large duplex units or kept as a 4-plex rental. Great income investment opportunity. Close to I70 and the mountains, LOCATED WITHIN "Ridge at 38" which includes restaurants/lounges like Clancey's, Mestizo Brew Cantina, Colorado Plus Brew Pub and Taphouse, the Bardo Coffee house, Infinitus Pizza Pie, La Fonda Mexican restaurant, Wheat Ridge Lanes. Not to mention conveniently located to grocery stores, the RTD bus line, highway access, and more! **Contact Listing Agent For Showing Information**
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6BEDS
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0.27ACRES
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0BATHS
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01/2 BATHS
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3,656SQFT
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$0$/SQFT
School Information
Offered by KELLER WILLIAMS AVENUES REALTY.Description
New Price for this tremendous Wheat Ridge MU-N Zoning which allows commercial and residential uses. Buy the building as a primary owner with 5% down payment and rent the other 3 units to cover your expense! This all-brick, 4-Plex has one current long-term tenant on Month-to-Month lease. This is an estate sellers have never lived in the property and have very little actual knowledge of the property. There are no cap rates/rent rates/maintenance records available to share. Both upper units are both 2 bed/1 bath with large kitchen and living room and shared swamp cooler. The lower units are both 1 bed/1 bath with kitchen & living room. (2) furnaces & water heaters - (1) unit supplies an upper and lower unit. Minor improvements have been made to the units. The complex shares a community laundry facility for all tenants. Ample parking for all tenants at rear of the property. All four units are individual electric meter, 2 gas meters, 1 water meter. Interior pictures include three units as the 4th unit is occupied. Building could be easily converted to (2) large duplex units or kept as a 4-plex rental. Great income investment opportunity. Close to I70 and the mountains, LOCATED WITHIN "Ridge at 38" which includes restaurants/lounges like Clancey's, Mestizo Brew Cantina, Colorado Plus Brew Pub and Taphouse, the Bardo Coffee house, Infinitus Pizza Pie, La Fonda Mexican restaurant, Wheat Ridge Lanes. Not to mention conveniently located to grocery stores, the RTD bus line, highway access, and more! **Contact Listing Agent For Showing Information**
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