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6630 W 38th Avenue, Wheat Ridge, CO 80033

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For Sale

$975,000

6 beds • 3,656 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $266.68
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Opportunity knocks! Tremendous Wheat Ridge MU-N Zoning which allows commercial and residential uses and encourages mixed density development opportunities. This all-brick, 4-Plex has three units rented with long term tenants on Month-to-Month lease. This is an estate sellers have never lived in the property and have very little actual knowledge of the property. There are no cap rates/rent rates/maintenance records available to share. Both upper units are both 2 bed/1 bath with large kitchen and living room and shared swamp cooler. The lower units are both 1 bed/1 bath with kitchen & living room. Separate furnace and water heater per unit. Minor improvements have been made to the units. The complex shares a community laundry facility for all tenants. Ample parking for all tenants at rear of the property. All four units are individual electric meter, 2 gas meters, 1 water meter. Interior pictures are of only one unit - others are occupied. Great income investment opportunity as you can continue to rent units while you complete DD on a redevelopment or refresh and keep with four great rentals! Close to I70 and the mountains, LOCATED WITHIN Ridge at 38 which includes restaurants/lounges like Clancey s, Mestizo Brew Cantina, Colorado Plus Brew Pub and Taphouse, the Bardo Coffee house, Infinitus Pizza Pie, La Fonda Mexican restaurant, Wheat Ridge Lanes. Not to mention conveniently located to grocery stores, the RTD bus line, highway access, and more! **Contact Listing Agent For Showing Information**
MLS# 4359703

Courtesy Of Keller Williams Avenues LLC

(720) 484-8600

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Garbage Disposer, Oven, Range, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Evaporative
  • Exterior Type
    Brick
  • Floor Covering
    Carpet, Tile, Wood
  • Heating System
    Baseboard
  • Lot Size
    0.27 Acres
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom

Map and Directions

Directions to 6630 W 38th Avenue, Wheat Ridge, CO 80033

Home seller CENTURY 21 Signature Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Signature Realty

(720) 495-4846
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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