3820 Pierce St Active Save Request In-Person Tour Request Virtual Tour
Wheat Ridge,CO 80033
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 1,548 sqft
Price per Sqft $352
Subdivision Angel
MLS Listing ID 7861538
Style Ranch
Bedrooms 3
HOA Y/N false
Abv Grd Liv Area 1,548
Year Built 1952
Annual Tax Amount $3,083
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Income Property
Source REcolorado
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
Area Metro Denver
Interior
Heating Forced Air
Appliance Refrigerator
Exterior
Garage Spaces 2.0
Fence Partial
Utilities Available Natural Gas Available,Electricity Available
Roof Type Composition
Street Surface Gravel
Handicap Access Level Lot
Porch Deck
Building
Lot Description Level
Faces West
Story 1
Sewer City Sewer,Public Sewer
Water City Water
Level or Stories One
Structure Type Wood/Frame,Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Stevens
Middle Schools Everitt
High Schools Wheat Ridge
School District Jefferson County R-1
Others
Senior Community false