39.760456 -105.074615
3015 Reed Street Wheat Ridge CO 80033 298201907 39.760456 -105.074615 30105 /listing/298201907-151082055/3015-reed-street-wheat-ridge-co-80033 False 0 1200000.0 4560 105 102 4 3 6966469 False 1959 0.27 0.27

3015 Reed Street

Wheat Ridge, CO 80033 MLS# 6966469

Closed 06/29/21

298201907 True False 39.760456 -105.074615 30105 /listing/298201907-151082055/3015-reed-street-wheat-ridge-co-80033 False 0 1200000.0 4560 105 4 3 6966469 False 45361717 0
$1,200,000
MLS# 6966469
Closed 06/29/21
  1. Listed on 06/29/21
  • 4 Bedrooms Beds
  • 3 Bath Baths
  • 4,560 Square Feet Sq.Ft
  • 0.27 Acres
  • 1959 Year Built Yr. Built
3015 Reed Street Wheat Ridge, CO 80033 MLS# 6966469
Closed 06/29/21
298201907 39.760456 -105.074615 30105 /listing/298201907-151082055/3015-reed-street-wheat-ridge-co-80033 False 0 1200000.0 4560 105 4 3 6966469 False
$1,200,000
  • 4 Bedrooms
  • 3 Bath
  • 4,560 Square Feet
  • 0.27 Acres
  • 1959 Year Built
  1. Listed on 06/29/21
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Description

Great opportunity for a super cash flowing property sitting on a large corner lot! This spacious 4500+ sq ft low maintenance all brick property features a large 4 Bed/2 bath unit and Upper and Lower 3 Bed/1 Bath units. Home is zoned as a duplex but is actually set up as a triplex with! All units have separate entrances. 3 car garage with one spaced leased separately. Current tenants are on month to month leases. You won't want to miss this amazing opportunity. Located within walking distance to schools, parks and public transportation. Photos taken previously when property was vacant. Buyer to verify all information.

Courtesy Of Equity Colorado Real Estate
Listing Information
  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Structure Type: Triplex
  • Levels: One
  • Subdivision: Wheat Ridge
  • Garage: 3.0
  • Beds: 4
  • SqFt Finished: 4560.00
  • SqFt Above: 2280.00
  • SqFt Basement Finished: 2280.00
  • SqFt Basement Unfinished: 0.00
  • PSF Total: 263.16
  • PSF Finished: 263.16
  • PSF Above Grade: 526.32
  • Price Per Acre: 4444444.44
  • Year Built: 1959
  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter, Slab
  • Entry Location: Ground
  • Home Warranty YN: N
  • Special Listing Conditions: None Known
  • Ownership: Corporation/Trust
  • Possession: Subject To Tenant Rights
  • Directions: Reed and 30th
  • Stories: 1
Interior Features
  • Unit Count: 2
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Fireplace Features: Basement, Living Room
  • Flooring: Carpet, Laminate, Wood
  • Interior Features: Built-in Features, Ceiling Fan(s), Granite Counters
  • Laundry Availability: In Unit
  • Occupant Type: Tenant
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Exclusions: Tenants' Personal Property
  • No. of Fireplaces: 2
Unit Info
  • 3 Bedroom
  • Average Rent: 2100.00
  • Average SqFt: 1296.00
  • Dishwashers: 1
  • Dryers: 1
  • Refrigerators: 1
  • Stoves: 1
  • Unit Type: 3 Bedroom
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Description: Up/Down
  • Unit Type Units Total: 2
  • Washers: 1
  • 4 Bedroom Or More
  • Average Rent: 2400.00
  • Average SqFt: 1680.00
  • Dishwashers: 1
  • Dryers: 1
  • Refrigerators: 1
  • Stoves: 1
  • Unit Type: 4 Bedroom Or More
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Units Total: 1
  • Washers: 1
Room Details
  • Basement: Exterior Entry
  • Basement YN: Y
Parking/Garage
  • Garage (Attached)
  • Parking Description: One tenant uses 2 spaces, 1 space leased
  • Parking Spaces Number Of: 3
  • Parking Type: Garage (Attached)
  • Off-Street
  • Parking Description: Driveway
  • Parking Spaces Number Of: 4
  • Parking Type: Off-Street
  • Parking Total: 7
  • Total Offstreet Spaces: 4
  • Parking: Concrete
Community/Neighborhood Information
  • Senior Community YN: N
  • Walk Score: 35
HOA
  • HOA YN: N
  • Restrictions/Covenants YN: N
  • 2nd HOA Fee (Annual Total): 0.00
  • 3rd HOA Fee (Annual Total): 0.00
  • Master HOA Fee (Annual Total): 0.00
  • Total Annual HOA Fees: 0.00
Financial Considerations
  • Operating Expense Includes: Insurance, Real Estate Tax, Utilities
  • Owner Pays Utilities: Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Telephone
  • Utilities Metering: Common Water, Separate Electric, Separate Gas, Shared Boiler
  • Utilities Paid By Tenant: Direct Billing from Utility
  • Actual Annual Net Income: 73780.00
  • Cap Rate: 6.15
  • Cap Rate Calculation: NOI/List Price
  • Gross Income: 81600.00
  • Legal Description: SECTION 26 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 122800 SUBDIVISIONNAME CHERRY LANE BLOCK LOT 0008 SIZE: 11950 TRACT VALUE: .274
  • Operating Expense: 7820.00
  • Projected Annual Expense: 7820.00
  • Projected Annual Net Income: 73780.00
  • Projected Gross Income: 81600.00
  • Tax Amount: 3099.00
  • Tax ID: 022871
  • Tax Year: 2020
Utilities & Green Home Features
  • Cooling: Other
  • Electric Service: 110V, 220 Volts
  • Heating: Baseboard, Hot Water, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Water Source: Public
Exterior & Lot Features
  • Fencing: Partial
  • Lot Features: Corner Lot
  • Patio And Porch Features: Front Porch, Patio
  • Road Responsibility: Public Maintained Road
  • Roof: Composition
Schools Near 3015 Reed Street Wheat Ridge, CO
District: Jefferson County R-1
Schools: Stevens, Everitt, Wheat Ridge
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