$525,000
$545,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,548 SqFt
SOLD DATE : 10/01/2025
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,548 sqft
Price per Sqft $339
Subdivision Angel
MLS Listing ID 7861538
Sold Date 10/01/25
Style Traditional
Bedrooms 3
HOA Y/N No
Abv Grd Liv Area 1,548
Year Built 1952
Annual Tax Amount $3,083
Tax Year 2024
Lot Size 9,104 Sqft
Acres 0.21
Property Sub-Type Duplex
Source recolorado
Property Description
Easy to fill BRICK side by side duplex most recently rented for $43,450 per year including both sides. Includes two car garage and has the highly desired r-3 Zoning and adjoining MU-N. Just one building off of 38th and Pierce (the DQ is there). No HOA. Taxes, Insurance annually is $9058. NOI $34,393 Cap Rate desirable 6.3; plus major upside with zoning already in place convert existing 2 car garage to 3rd unit. Intentionally ended long term leases so you can start over with none of the obligations to offer perpetual leases. (leases under 12 months can be terminated at end, tenants who have stayed over 12 months get to stay). Nice hardwood floors. Both kitchens updated. Both bathrooms newer with custom tile. Brand new sewer line. You can show the property prior to close to your new tenants. Super desirable location and sizes make this property very easy to get long term tenants. Roof and furnace certified.
Location
State CO
County Jefferson
Interior
Interior Features Laminate Counters, Smoke Free
Heating Forced Air, Natural Gas
Cooling None
Flooring Tile, Vinyl
Fireplace N
Appliance Oven, Range, Refrigerator
Laundry In Unit
Exterior
Exterior Feature Private Yard
Parking Features Gravel
Garage Spaces 2.0
Fence Partial
Utilities Available Electricity Connected, Natural Gas Available
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Frame
Schools
Elementary Schools Stevens
Middle Schools Everitt
High Schools Wheat Ridge
School District Jefferson County R-1
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with The Gold Standard Brokerage
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