6630 W 38th Avenue Wheat Ridge, CO $ 975,000
6630 W 38th Avenue
$ 975,000
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6630 W 38th Avenue

Wheat Ridge, CO, 80033
$ 975,000
Bedrooms6 Baths4.0 Sq 3,656

Monthly Estimate*

$ 6,811

Listed by KELLER WILLIAMS AVENUES REALTY
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Multi-Family Home for sale in Wheat Ridge, CO

for $975,000 with 6 bedrooms and 4 full baths. This 3,656 square foot home was built in 1955 on a lot size of 0.27.

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**

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Multi-Family Active

Price

$ 975,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,623

Style

Quadruplex

Lot Size

0.27

Year Built

1955

Town/City

Wheat Ridge

County/Region

Jefferson

MLS | Web ID

4359703

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Evaporative Cooling
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Connected
Possession Immediate Negotiable
Roof Composition
Appliances Dishwasher Disposal Oven Range Refrigerator
Garage Spaces 0
Construction Materials Brick Frame
Exclusions Sellers & Tenants Personal Items
Year Built 1955
Levels Two
Property SubType Quadplex
Tax Year 2022
Percent Ownership Estate
County Jefferson
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name Barths
Facing Direction North
Status Active
Directions From Wadsworth go East on W 38th Ave .7 miles to property on South Side
High School Wheat Ridge
City Wheat Ridge
Buyer Agent Compensation 2.5
Senior Community Y/N N
High School District Jefferson County R-1
Lot Size Square Feet 11625
Carport Spaces 0
Street Name 38th
Listing Terms Cash Conventional
Elementary School Stevens
Tax Annual Amount 2623
Home Warranty Y/N N
Middle/Junior High School Everitt
Property Condition Fixer
Structure Type Quadruplex
Standard Status Active
Occupancy Description Tenant
Middle/Junior School District Jefferson County R-1
Elementary School District Jefferson County R-1
Buyer Agent Compensation Type %
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Interior
Basement Exterior Entry Full
Flooring Carpet Tile Wood
Basement (Y/N) Y
Above Grade Finished Area 1828
Street Suffix Avenue
Laundry Features Common Area
Total Bedrooms 6
Below Grade Finished Area 1828
Total Baths 4
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Exterior
Lot Features Irrigated Landscaped Level Near Public Transit
Water Source Public
Total Parking 7
Lot Size Area 11625
Building Area Total 3656
Lot Size Acres 0.27
Lot Size Units Square Feet
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Internal Only
Street Number 1 6630
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* Excluded Features
List By
Keller Williams Avenues Realty

Broker

(303) 472-2681

Phone

Affordability Calculator

$7,029
Per Month
97%
3%
0%
Monthly Principal & Interest
$6,811
Monthly Property Taxes
$219
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
1956157 Elementary School
1955853 Middle School
Wheat Ridge High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2023$975,000 -7.14% Price Down
9/25/2023$1,050,000 -4.55% Price Down
8/29/2023$1,100,000 Listed Price

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6630 W 38th Avenue, Wheat Ridge, CO, 80033 is a Multi-Family Home for sale at $975,000 with 3,656 sqft and a lot size of 0.27. 6630 W 38th Avenue has 6 bedrooms, 4.0 baths, and was built in 1955. The property's zip code is 80033 which is in Wheat Ridge, CO