12778 W 31st Avenue, Wheat Ridge, CO 80215

$915,000
8
BD
4
BA
3,584
SqFt

Courtesy of HomeSmart . ed@finddenverhomes.com

List Price
$915,000
Price Change
▼ $35,000 1713843913
Type
Multifamily
Status
ACTIVE
MLS Number
2168665
Finished Sqft
3,584
Above Grade Sqft
1884
Total Sqft
3584
Subdivision
Maple Grove
Sub-Area
Maple Grove
Year Built
1962

Property Description

PRICED REDUCED, SELLER SAYS MAKE AN OFFER, ALL OFFERS WILL BE CONSIDERED. This is an excellent opportunity to own a brick 4-unit multifamily money-making machine. This property has a solid rental history. The seller, though they have never lived there, has maintained the property with much pride of ownership. This exceptional opportunity is located in the desirable Wheat Ridge area of town. Its location leads to easy access to I-70 and all its connections east and west. Quick access to Denver, Downtown, and the mountains. The property’s position in the community is situated close to transportation, shopping, groceries, eateries, churches, and banking. Yes, the dwellings are completely occupied, and the tenants are very happy. Each unit has a fenced yard, granite counters, and the 2 lower units have new cabinets. One upper-level unit has refinished cabinets. The updated electrical service have been split into 2 panels. Yes, tenants pay the gas, electric & trash. There is off-street parking for all 4 units. 12780 has had the same tenant for 10 years & control of the attached garage and storage area. Whether you are a savvy investor seeking immediate returns or just beginning your quest of a real estate portfolio, this one is worth serious consideration.

Additional Information

School District
Jefferson County R-1
Elementary School
Kullerstrand
Middle School
Everitt
High School
Wheat Ridge
Garage Spaces
1
Parking Spaces
1
Parking Features
Concrete, Driveway-Dirt, Driveway-Gravel
Style
Contemporary
Basement
Finished
Basement Finished
Yes
Lot Size
13,484
Acres
0.31
Taxes
$5,013
Tax Year
2023

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks


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