$895,000
$910,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
2,465 SqFt
SOLD DATE : 10/22/2024
Key Details
Sold Price $895,000
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 10/22/24
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
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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