3820-3830 Pierce ST new to site

Wheat Ridge,CO 80033

$ 550000

3 Beds

2 Baths

1548 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,548 sqft

Price per Sqft $355

Subdivision Anel

MLS Listing ID 3011047

Style Traditional

Bedrooms 3

Full Baths 2

Year Built 1952

Annual Tax Amount $3,083

Tax Year 2024

Lot Size 9,104 Sqft

Property Sub-Type Single Family Residence

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

Zoning R3

Interior

Heating Forced Air,Natural Gas

Cooling None

Flooring Tile,Vinyl,Wood

Laundry In Unit

Exterior

Exterior Feature Private Yard

Parking Features Gravel

Garage Spaces 2.0

Fence Partial

Utilities Available Electricity Connected,Natural Gas Connected

Roof Type Composition

Building

Lot Description Level

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

Schools

Elementary Schools Stevens

Middle Schools Everitt

High Schools Wheat Ridge

School District Jefferson County R-1

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

Special Listing Condition None

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