3625 Chase St new

Wheat Ridge,CO 80212

$ 1695000

7 Beds

4 Baths

3892 SqFt


Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 3,892 sqft

Price per Sqft $435

Subdivision Olinger Gardens

MLS Listing ID 2958594

Style Ranch

Bedrooms 7

HOA Y/N false

Abv Grd Liv Area 4,422

Year Built 1941

Annual Tax Amount $5,792

Lot Size 0.470 Acres

Acres 0.47

Property Sub-Type Income Property

Source REcolorado

Property Description

Come check out this fantastic income producing duplex in highly desirable Wheat Ridge that generated $157,600 last year! Possible owner financing available as well. Talk about a great location, just minutes to downtown Denver, the Highlands and walking distance to charming Edgewater's downtown area and Sloans Lake Park, packed with activities and festivals throughout the year. The smaller side, 3635 Chase, has been used as a long term rental and is currently tenanted on a month to month basis at $3,300/month ($2,800/month section 8 and tenant pays $500). The larger side, which includes the 2 car attached garage, has been used as an airbnb type rental and generated $118,000 last year on its own. Did I mention that this home also sits on just under a half an acre?! There are lots of possibilities with this one. You could house hack and live in the smaller side while running the short term rental, or potentially add an even bigger addition onto the large side (with the huge open yard and space) and turn the smaller side into storage or additional parking (buyer and buyers agent to perform their own due diligence and verify if this is possible with the City of Wheat Ridge).

Location

State CO

County Jefferson

Area Metro Denver

Zoning SFR

Rooms

Other Rooms Outbuildings

Basement Partial,Partially Finished

Interior

Interior Features Eat-in Kitchen,Cathedral/Vaulted Ceilings,Open Floorplan,Pantry,Kitchen Island

Heating Forced Air

Cooling Central Air,Ceiling Fan(s)

Appliance Double Oven,Dishwasher,Refrigerator,Washer,Dryer,Microwave,Disposal

Exterior

Garage Spaces 2.0

Fence Partial

Utilities Available Electricity Available,Cable Available

Roof Type Composition

Handicap Access Level Lot

Porch Patio

Building

Lot Description Level,Abuts Ditch

Faces East

Story 1

Foundation Slab

Sewer City Sewer,Public Sewer

Water City Water

Level or Stories One

Structure Type Brick/Brick Veneer,Wood Siding

New Construction false

Schools

Elementary Schools Stevens

Middle Schools Everitt

High Schools Wheat Ridge

School District Jefferson County R-1

Others

Senior Community false

SqFt Source Assessor

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