Beth Erickson Sand Denver Real Estate Agent - 720.353.2384
Denver Condo ManiaMLS: 3011047 $550,000 3 Beds /2 Baths
MLS #: 3011047 Status: ACTIVE List Price: $550,000 Price SQFT: $355 City: WHEAT RIDGE
Beds: 3 Baths: 2 SqFt: 1548 Year: 1952 Zip: 80033
Listing Remarks
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.
Address: 3820 PIERCE ST WHEAT RIDGE CO 80033 WHEAT RIDGE CO 80033
Listing Courtesy of Rocky Mountain Real Estate Inc 303-530-0132
Listing Photos
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Last Updated: 2025-07-19 04:28:07