$475,000
$475,000
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3501 Kipling St #3505 Wheat Ridge, CO 80033
4 Beds
2 Baths
1,991 SqFt
Key Details
Sold Price $475,000
Property Type Single Family Home
Sub Type Attached Dwelling
Listing Status Sold
Purchase Type For Sale
Square Footage 1,991 sqft
Subdivision Valley Vista
MLS Listing ID 7492086
Sold Date 11/22/23
Style Ranch
Bedrooms 4
HOA Y/N false
Abv Grd Liv Area 1,991
Originating Board REcolorado
Year Built 1949
Annual Tax Amount $3,060
Lot Size 0.300 Acres
Acres 0.3
Property Description
Only Duplex Priced Below $650,000 In Wheat Ridge In The Last 6 Months - Instant Equity - Cash Flows Even With These Interest Rates *** 3501 The 2 Bedroom Side Is Vacant, You Pick Your Tenant (Maybe It's You), You Decide How Much Work ($1000 or $10,000) Before You Rent It *** 3505 The 3 Bedroom Side Has Long Term Month To Month Tenant Who Wants To Stay, Has Had The Same Rent For The Last 3 Years and Knows A Rent Increase Is Coming, (DDRC pays the majority of the rent and it just passed their inspection) - Each Unit Has It's Own Private Large Fenced Yard - New Roof and Gutters July 2023 - (6% Projected Cap Rate At $650,000) - Live In 1 Side and Rent The Other Side - Lots of Upside! - Washer/Dryer hookups in both units (tenants supply w/d) - Each has their own fenced yard - pet friendly tile floors in both units - minimal work has been performed on both units but are rentable as is - do a little work now and a little more next year - *** More Photos of 3505 will be uploaded Wednesday afternoon - please use those photos until accepted offer *** Please see MLS Supplements Prior To Showing ***
Location
State CO
County Jefferson
Area Metro Denver
Zoning R2
Direction 35th and Kipling - Park in Driveway off of 35th Ave Only
Rooms
Basement Sump Pump
Interior
Interior Features Eat-in Kitchen, Walk-In Closet(s)
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplaces Type None
Fireplace false
Appliance Dishwasher, Refrigerator, Disposal
Exterior
Garage Spaces 6.0
Fence Fenced
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Roof Type Rubber
Street Surface Gravel
Building
Lot Description Gutters, Corner Lot
Faces East
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Block,Stucco
New Construction false
Schools
Elementary Schools Prospect Valley
Middle Schools Everitt
High Schools Wheat Ridge
School District Jefferson County R-1
Others
Senior Community false
SqFt Source Assessor
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