3820-3830 Pierce Street
Wheat Ridge, CO 80033
1548 sqft | 3 beds | 2 baths | 0.21 acres | #3011047
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.
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Connected
- InteriorLaminate Counters, Smoke Free
- Property SubtypeSingle Family Residence
- School DistrictJefferson County R-1
- Property ConditionUpdated/Remodeled
- Exterior MaterialsPrivate Yard
- Sewer InformationPublic Sewer
- High SchoolWheat Ridge
- CountyJefferson
- Property TypePurchase
- Original List Price$550,000
- Elementary SchoolStevens
- Middle SchoolEveritt
- MLS #3011047
- MLS #3011047
- Utility SourcePublic
- Taxes Annual$3,083
- Cost550000
- Structure TypeDuplex
- Lot DescriptionLevel
- Acres0.21
- Square Feet1548
- Year Built1952
- SubdivisionAnel
- Bedrooms3
- Bathrooms2
- Full Baths2
- Parking Spaces2
Location
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Carrie Hill (#REC032941)
Listing Office: Rocky Mountain Real Estate Inc (#RECM1116)
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