NOT LISTED FOR SALE
9 Beds
4 Baths
3,100 Sq Ft
0.29 Acres

Last Sold October 01, 2024

Last sale price $860,000 $277 Per Sq Ft

24 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Tile Flooring
  • Prospect Valley Elementary School Rated A-
  • Eat-In Kitchen
  • 1-minute walk to Louise Turner Park

About This Home

As of October 2024

WOW! $76,000 PRICE REDUCTION FOR ONE LEVEL FOURPLEX IN THE HEART OF WHEATRIDGE WITH 12 PARKING SPACES! SELLERS HAD CONSISTANT LONG TERM TENANTS THAT RENTED FOR MANY YEARS IN ALL FOUR UNITS. OWNERS ASKED ALL RENTERS TO VACATE, IN ANTICIPATION OF THE SALE. THESE UNITS ARE ALL EASY TO VIEW AND YOU WILL SEE FOR YOURSELF THE POTENTIAL THIS PROPERTY HAS IN THIS DESIRABLE WHEAT RIDGE LOCATION.
THE FIRST UNIT TO THE WEST HAS THREE BEDROOMS, A FULL BATHROOM AND A LARGE FENCED IN YARD. THE REMAINING 3 UNITS EACH HAVE TWO BEDROOMS AND A FULL BATHROOM WITH A SMALL FENCED IN AREA OUTSIDE THEIR BACK DOORS. ONE UNIT EVEN HAS A BUILT IN COVERED GAZEBO TYPE STRUCTURE. EACH UNIT ALSO HAS IT'S OWN WASHER AND DRYER HOOK UP AND IT'S OWN ELECTRICAL BOX. THERE IS ONE BOILER AND ONE WATER TANK IN THE SHED BEHIND THE BUILDING THAT SERVES ALL 4 UNITS. SELLER PAID FOR THE HEAT AND WATER. THERE IS NO AC SYSTEM, BUT SOME OF THE TENANTS HAD WINDOW COOLERS.
CHECK OUT THE LOCATION: DIRECTLY ACROSS THE STREET TO THE WEST IS LOUIS TURNER PARK, AND THE WR FIRE STATION IS ACROSS 38TH AND ONE DOOR DOWN. IT'S IN A PRIME LOCATION AS IT SITUATED LITERALLY MINUTES TO KING SOOPERS, HOSPITALS, PARKS, SCHOOLS, RESTAURANTS, I=70, MOUNTAINS AND MORE!
RENT IT OUT AS IS, OR UPDATE AND INCREASE THE RENT FOR A GREATER RETURN!

Last Listed By

Maret Sanchez

Legacy 100 Real Estate Partners LLC Brokerage Email: maretsanchez@comcast.net,303-232-4444 License #100014287 Listed on: 07/31/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,873

Year Built

  • Built in 1961

Lot Details

  • 0.29 Acre Lot
  • Two or More Common Walls
  • Partially Fenced Property
  • Corner Lot

Parking

  • 12 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,100 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Prospect Valley Elementary School
  • Everitt Middle School
  • Wheat Ridge High School

Utilities

  • No Cooling
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet
  • The owner pays for exterior maintenance, gas, grounds care, insurance, trash collection, water
  • Assessor Parcel Number 048956

Community Details

Overview

  • No Home Owners Association
  • Brookside Subdivision

Building Details

  • Operating Expense $17,175

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,873

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: One
  • Year Built: 1961
  • Above Grade Finished Sq Ft: 3100
  • Current Use: Live/Work
  • Exclusions: None
  • Living Area: 3100
  • SubdivisionName: Brookside
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.92973
  • Attribution Contact: maretsanchez@comcast.net,303-232-4444
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Range, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Laminate Counters
  • Flooring: Carpet, Tile
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 9

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 12
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 17175

Schools

  • Middle Or Junior School: Everitt

Lot Info

  • Parcel Number: 048956
  • Lot Size Acres: 0.29
  • Fencing: Partial
  • Building Area Total: 3100
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 12825
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Exterior Maintenance, Gas, Grounds Care, Insurance, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Internet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3873

MLS Schools

  • Elementary School: Prospect Valley
  • High School: Wheat Ridge

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $860,000 +1.3% $277 / Sq Ft
08/15/2024 08/15/24 Price Changed $849,000 -8.2% $274 / Sq Ft
07/31/2024 07/31/24 For Sale $925,000 -- $298 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9908854

REcolorado®