Property Details

10
$825,000
3740 Jay Street
Wheat Ridge, CO 80033
MLS# 6884793

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4 Car Spaces
3,484 Sqft
0.52 Acres
NEW VIDEO OF THE UPSTAIRS OF THE UP / DOWN DUPLEX. See videos on LOOPNET. TENANT MOVED OUT, UNIT HAS NEW CARPET, NEW PAINT, NEW VANITY IN THE BATHROOM AND WE HAVE A NEW TENANT AT A HIGHER RENT. TENANTS ARE PAYING THEIR RENT! PROPERTY IS FULLY LEASED. ALL TENANTS ARE ON MONTH TO MONTH LEASES AND WOULD LIKE TO STAY. DO NOT BOTHER THE TENANTS!! THIS PROPERTY IS BEING SOLD AS AN INCOME PRODUCING PROPERTY. 6.1% CAP RATE. Large Lot with three houses and 4 one car garages. The main house is a Brick Bungalow with 2 bed 1 ba unit about 1000 sqft up with an 800 sqft basement in the main house. The carriage house in the back is a freestanding house about 570sqft with a private backyard space 1Bd 1 Ba. THE CARRIAGE HOUSE HAS A SOLAR ARRAY 2.5kw PANELS THAT GENERATES A $25 MONTHLY PAYMENT FROM XCEL TO THE PROPERTY OWNER AND THE HOUSE ALSO BENEFITS FROM A REDUCED ELECTRIC BILL FOR ELECTRICITY PRODUCED. The up / down duplex in the back is two 557 sqft units each having a wall mounted gas gravity furnace. No washer or dryer in these units. HIGH DEMAND AREA FOR RENTALS. THESE UNITS RENT QUICKLY. LOTS OF GREAT AMENITIES CLOSE BY. and #xD; and #xA; Furnace and hot water heater in the main house are older. Wall furnaces in the duplex are 5 and 7 yrs old approximately. Carriage house has newer furnace and hot water heater. ALL ROOFS WERE REPLACED IN 2018. THIS PROPERTY HAS A GREAT RENTAL HISTORY. LOW VACANCY. STEADILY RENTED. Sale will be part of a 1031 exchange.
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Property Details
Status
Under Contract
MLS#
6884793
Property Type
Residential Income
Type
Quadruplex
Structure
Quadruplex
Architectural Style
Bungalow
Year Built
1929

Rooms and Spaces

Basement
Full, Finished
Basement SqFt
800
Total SqFt
3484
Finished SqFt
3484
Interior
Appliances
Dryer, Dishwasher, Oven, Refrigerator, Washer
Fireplaces (Qty)
True
Fireplace Features
Living Room
Energy and Green Details
Heating
Forced Air
Cooling
None
Electric
Item220Volts
Utilities
Cable Available, Electricity Connected, Natural Gas Connected
Location and Lot
Subdivision
Columbia Heights
County
Jefferson
Lot Size SqFt
22618.00
Acres
0.52
Walk Score
63
Direction Faces
West
Schools
Elementary School
Stevens
Middle School
Everitt
High School
Wheat Ridge
School District
Jefferson County R-1
Exterior
Exterior Features
Private Yard, Rain Gutters
Patio/Porch Features
Covered, Front Porch
Parking Spaces
4
Fencing
Partial
Construction
Construction Materials
Brick, Frame, Vinyl Siding, Wood Siding
Levels
Two
Roof
Composition
Flooring
Carpet, Linoleum, Vinyl, Wood
Sewer
Public Sewer
Water Source
Public
Foundation Details
Concrete Perimeter
Taxes and Terms
Annual Taxes
$3,386
Exclusions
All tenants personal property.
Ownership
Individual
Listing courtesy of
A Better Way Realty
Estimated Payments
The approximate mortgage monthly principal and interest payment for this property would be
Based on a loan at a fixed rate of percent
With a down payment of dollars
Actual lender interest rates and loan programs may vary.
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