Great income property & investment opportunity! Both sides of an OCCUPIED FULL DUPLEX in Wheat Ridge! Property address is 4193 Quay Street and 4197 Quay Street. Rambling brick ranch; each side is basically a mirror image of the other. Each unit features: coved ceilings, 2 beds, 1 full bath, oak hardwood floors, two-tone paint, eat-in kitchen, newer plank in the kitchen, laundry with storage cabinets, one car garage, huge fence, private treed backyard, sprinkler in the front, evaporative cooler, additional driveway on the outsides of the lot. Side 4197 has an updated kitchen with 42"oak cabinets, dishwasher, microwave, gas stove and refrigerator; 2.5 yr old water heater, bath has also been updated. Side 4193 has a storage shed in the back and the full bath has been updated. Both are currently leased: 4193 is a great long term tenant of 9.5 years and would love to continue to lease, lease ends February 2024. 4197 lease ends March 2024 and they will be moving out of state. This is a great opportunity to continue to rent both sides, or to live in one side and rent the other come March 2024. Water, gas and electric are individually metered. Roof is approximately 6 years old. Awesome walkability to the Ridge at 38th which is Wheat Ridge's Main Street with bars, restaurants and boutiques as well as the community events! Close to I70 and the mountains! Pictures and floor plans available at property website: https://4197quaystreet.com/.
Last Buyer's Agent
Other MLS Non-REcolorado
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Listing and Financial Details
$799,000
Adorable AND classic Wheat Ridge side-by-side duplex with BONUS basement studio apartment on quiet block. ***Brand new furnaces and water heaters in both units. ***All electrical upgraded.*** One short block to the revitalized business district. For those looking for a way to enter the market just like they did in the 50’s buy this home! Live in one side and offset your mortgage with 2 tenants in
Jenny Apel Compass - Denver
$600,000
Prime Multi Unit Investment Opportunity in Wheat Ridge – High Income Potential as is or through development. Discover a unique investment opportunity in the heart of Wheat Ridge along the bustling Wadsworth Boulevard corridor. This two unit property sits in a highly opportunistic area, currently zoned R-2, with immense potential for commercial or mixed-use rezoning, offering long-term development
Sean Nealon Your Castle Real Estate Inc
$700,000
Well maintained side by side duplex on a quiet treelined street. The neighborhood boasts a series of mid 70’s duplex-style residences. This unique property features two distinct and spacious units—one designed in a ranch style and the other in a tri-level layout—each with its own private, attached one-car garage. The ranch-style unit offers true single-level living. Included are 2 bedrooms and 1
Mark Kruse RE/MAX Alliance
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $660,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $396,000 | New Conventional |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2023 08/16/23 | Sold | $660,000 | +1.5% | $344 / Sq Ft |
| 08/07/2023 08/07/23 | Pending | -- | -- | -- |
| 08/04/2023 08/04/23 | For Sale | $650,000 | -- | $339 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,767 | $43,086 | $19,544 | $23,542 |
| 2023 | $3,767 | $43,086 | $19,544 | $23,542 |
| 2022 | $2,913 | $32,725 | $18,398 | $14,327 |
| 2021 | $3,019 | $34,408 | $19,344 | $15,064 |
| 2020 | $2,626 | $30,082 | $16,680 | $13,402 |
| 2019 | $2,591 | $30,082 | $16,680 | $13,402 |
| 2018 | $2,499 | $28,045 | $11,982 | $16,063 |
| 2017 | $2,257 | $28,045 | $11,982 | $16,063 |
| 2016 | $2,059 | $23,942 | $8,667 | $15,275 |
| 2015 | $1,693 | $23,942 | $8,667 | $15,275 |
| 2014 | $1,693 | $18,475 | $6,877 | $11,598 |
Source: REcolorado®
MLS Number: 2247398
APN: 39-234-00-025
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