Unique Real Estate Opportunity - 3 Homes on One Lot! Discover this rare property with three separate homes situated on a spacious lot in a quiet neighborhood, offering endless possibilities for living, renting, or redevelopment. Property Details: House 1: 3-bedroom, 2-bath farmhouse with an attached garage-perfect for owner-occupancy or rental income. House 2: A cozy 1-bedroom, 1-bath home-ideal as a guesthouse or long-term rental. House 3: A functional 3-bedroom, 1-bath home, providing additional income potential or space for extended family. Why You'll Love It: Versatile Investment: Live in one house while renting out the others, or scrape and build your dream home on this prime lot. Convenient Location: Easy access to I-70 and I-76, making commuting and travel a breeze. Peaceful Setting: Nestled in a quiet, established neighborhood. This property is perfect for investors, multi-generational families, or anyone looking for an incredible opportunity in a desirable area.
Welcome to this exceptional quadplex in the desirable Edgewater area, offering a prime investment opportunity with four spacious units, each over 1600 square feet. Something you will not find in any other income property in the surrounding area. Every unit features 2 bedrooms and 2 bathrooms, large kitchen with additional dining area, family room and living room, and their own washer/dryer, designed for comfort and modern living. Stainless Steel appliances finish the modern look of the kitchens, and 4-piece second floor bathrooms provide ample space. The new owner will not have to do anything as recent updates include sleek new flooring, contemporary countertops in the kitchens/baths, and stylish new tile in the kitchen backsplash and bathrooms. Additional upgrades consist of new windows, a newer roof, fresh paint in and out, new gutters, new boilers, and newer privacy fencing. New swamp coolers add to the appeal, providing efficient cooling. New landscaping finishes out the extraordinary upkeep this property has endured. Each unit is equipped with its own detached carport and a one-car garage, along with outside parking ensuring substantial parking. Existing tenants have been leasing for extended periods, and vacancy rates have been zero for over 1 1/2 years and below 2% prior to that. With its blend of updated features and convenient amenities, and great location, this quadplex is a standout property for investors seeking a stable income stream and a well-maintained asset in the Edgewater area.
The median home value in Wheat Ridge, CO is $567,300. This is lower than the county median home value of $601,000. The national median home value is $338,100. The average price of homes sold in Wheat Ridge, CO is $567,300. Approximately 49.86% of Wheat Ridge homes are owned, compared to 44.54% rented, while 5.61% are vacant. Wheat Ridge real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wheat Ridge real estate agent to arrange a tour today!
Wheat Ridge, Colorado 80033 has a population of 32,340. Wheat Ridge 80033 is less family-centric than the surrounding county with 28.29% of the households containing married families with children. The county average for households married with children is 31.13%.
The median household income in Wheat Ridge, Colorado 80033 is $73,231. The median household income for the surrounding county is $93,933 compared to the national median of $69,021. The median age of people living in Wheat Ridge 80033 is 41.5 years.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 16.8 inches per year, with 60.7 inches of snow per year.