Fantastic investment opportunity in Wheat Ridge! This side-by-side duplex offers two spacious 2-bed, 1-bath units (unit 4785 and 4787), perfectly situated close to Wadsworth and vibrant Old Town Arvada with shopping, dining, and entertainment at your fingertips. One unit is currently leased at $1,685/month, while the second unit is vacant—recent… Read More Rentometer analysis indicates potential rents averaging $1,906 and median rents at $1,798/month, offering great income potential. Ideal for both investors and owner-occupants: live comfortably in one unit while generating rental income from the other, or rent both units long-term or short-term (Wheat Ridge allows short-term rental permits). Future possibilities include splitting the duplex into individual units (buyer to verify details with the city). Recent updates include upgraded electrical panels and service, new water heaters, and a certified roof, making this duplex rental-ready. Tenants pay their own gas and electric utilities, minimizing landlord expenses. Easy access to I-70 and conveniently located near the new Lutheran Hospital, adding to its appeal. Please note: the bush in front of the second unit will be removed prior to sale. Contact the listing agent today for more information or to schedule your private showing! Read Less
Courtesy of The Gold Standard Brokerage, Sean Gribbons, [email protected].
Listing Snapshot
Days Online
92
Last Updated
Property Type
Duplex
Beds
2
Square Ft.
1,582
Year Built
1958
MLS Number
1906783
30 Days Snapshot Of 80033
$624k
-5%
(avg) sold price
28
+55%
homes sold
58
-17%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
"Crawl Space"
Building
Above Grade Finished Area: 1582, Construction Materials: "Brick", "Frame", Direction Faces: North, Levels: "One", Living Area: 1582, Occupant Type: Tenant, Structure Type: "Duplex", Total Area: 1582, Unit Count: 1, Unit Types: "Array", Built in 1958
Cooling
Cooling: "None"
Disclosures
Exclusions: None
Fence
Fencing: "Partial"
Heating
Heating: "Forced Air"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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