Homes for sale - 5045 Swadley ST #5055, Wheat Ridge, CO 80033

Key Details

Sold Price $895,0001.6%

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,465 sqft

Price per Sqft $363

Subdivision Vista Ridge

MLS Listing ID 9905044

Sold Date

Bedrooms 5

HOA Y/N No

Originating Board recolorado

Year Built 1977

Annual Tax Amount $3,967

Tax Year 2023

Lot Size 0.310 Acres

Acres 0.31

Property Description

Investment opportunity, recently renovated duplex???an enticing addition to any investment portfolio. Boasting a comprehensive refurbishment, including new floors, paint, kitchens, and baths, this property promises a hassle-free ownership experience with minimal maintenance requirements.

The larger unit at 5045 Swadley is 1,474 square feet of prime rental space or as the owners quarters (current lease ends 7/31/2024), comprising 3 bedrooms and 2 baths. 5055 Swadley offers 991 square feet, accommodating 2 bedrooms and 1 bath. Both units are tailored for tenant satisfaction, featuring individual washer/dryer units, 1-car garages, and expansive private backyards.

Boasting zero vacancies since ownership and consistent rent increases, this property has consistently ranked within the top 75% of rental comps???a testament to its enduring appeal and solid investment potential.

Ideal for savvy buyers seeking both a residence and a revenue stream, live in one side and rent out the other. This property presents an opportunity for owner-occupied financing. Imagine owning a home that not only meets your family's needs but also includes an additional unit for supplementary income and enhanced qualification for your mortgage.

Positioned strategically between Golden, Wheat Ridge, and Arvada, these units cater to a thriving rental market, ensuring steady occupancy and lucrative rental income. This locations gives tenant and/or owner occupants the advantage of an amazing school district, Jefferson County School District.

Seize the opportunity to diversify your portfolio with this turnkey investment property. .

Location

State CO

County Jefferson

Rooms

Basement Finished

Interior

Interior Features Ceiling Fan(s),Open Floorplan,Quartz Counters

Heating Baseboard,Forced Air

Cooling Evaporative Cooling

Flooring Tile,Vinyl

Fireplace N

Appliance Dishwasher,Disposal,Gas Water Heater,Microwave,Oven,Range,Refrigerator

Laundry In Unit

Exterior

Exterior Feature Private Yard,Rain Gutters

Garage Spaces 2.0

Fence Full

Roof Type Composition

Total Parking Spaces 2

Garage Yes

Building

Lot Description Corner Lot,Near Public Transit

Story Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

Structure Type Brick,Frame,Wood Siding

Schools

Elementary Schools Vanderhoof

Middle Schools Drake

High Schools Arvada West

School District Jefferson County R-1

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,Jumbo,VA Loan

Listing Terms 1031 Exchange,Cash,Conventional,FHA,Jumbo,VA Loan

Special Listing Condition None