6720 W 37th Place Wheat Ridge, CO $ 1,475,000
6720 W 37th Place
$ 1,475,000
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6720 W 37th Place

Wheat Ridge, CO, 80033
$ 1,475,000
Baths0.0 Sq 4,607

Monthly Estimate*

$ 10,303

Listed by Pinnacle Real Estate Advisors
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Studio

Commercial Property for sale in Wheat Ridge, CO

for $1,475,000. This 4,607 square foot building was built in 1957 on a lot size of 0.27.

• Unique Unit Mix – (2) 1Br/1Ba Units, (3) 2Br/1Ba Units, and (1) 3Br/2Ba Unit. • Value-Add Opportunity. • Three Units Recently Updated. • In-Unit Washer/Dryer in three of the six Units + On-Site Laundry Available. • Five out of Six Water Heaters Replaced. • Four Units with Dishwashers. • Walking distance to retail stores, a cluster of restaurants, and multiple Grocery Stores including Sprouts Farmers Market. • One Mile from Lutheran Medical Center.

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Commercial Active

Price

$ 1,475,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,498

Style

Low Rise (1-3)

Lot Size

0.27

Year Built

1957

Town/City

Wheat Ridge

County/Region

Jefferson

MLS | Web ID

6924698

Features
General
Sewer Public Sewer
Roof Architecural Shingle
Zoning R-1C
Garage Spaces 0
Construction Materials Brick
Exclusions TBD
Year Built 1957
Stories 1
Property SubType Multi-Family
Tax Year 2023
Current Use Multi-Family
Gross Income 112300
County Jefferson
Operating Expense 24472
Property Type Commercial Sale
Attached Garage N
Building Features Laundry
Status Active
City Wheat Ridge
Buyer Agent Compensation 2.0
Total Units 6
Lot Size Square Feet 11970
Carport Spaces 0
Street Name 37th
Listing Terms Cash Conventional
Tax Annual Amount 5498.38
Leasable Area 4607
Structure Type Low Rise (1-3)
Standard Status Active
Occupancy Description Tenant (Multiple)
Cap Rate 5.95
Buyer Agent Compensation Type %
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Exterior
Total Parking 9
Lot Size Area 11970
Building Area Total 4607
Lot Size Acres 0.27
Road Surface Type Paved
Lot Size Units Square Feet
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Interior
Street Suffix Place
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Internal Only
Street Number 1 6720
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* Excluded Features
List By
Pinnacle Real Estate Advisors

Broker

(303) 962-9543

Phone

Affordability Calculator

$10,761
Per Month
96%
4%
0%
Monthly Principal & Interest
$10,303
Monthly Property Taxes
$458
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2024$1,475,000 Listed Price

Map


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6720 W 37th Place, Wheat Ridge, CO, 80033 is a Commercial Property for sale at $1,475,000 with 4,607 sqft and a lot size of 0.27. 6720 W 37th Place is a studio with 0.0 baths and was built in 1957. The property's zip code is 80033 which is in Wheat Ridge, CO