4624-4634 Simms, Wheat Ridge, CO 80033 | MLS 2931249 | Listing Information | Arvada | RE/MAX Alliance
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4624-4634 Simms,  Wheat Ridge CO, 80033 (Closed)

Sold Price:
$440,900
Date:03/17/2017
|
5 beds, 3 baths, 3,429 sqft
|
MLS# 2931249
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Last Updated: 4/23/2017 7:47 PM
Description for 4624-4634 Simms Wheat Ridge, CO 80033
This duplex is a rare find in today's market! It is configured nicely for an owner occupant on one side & rent the other OR, will make an excellent rental. The larger, tri-level side has 3 bedrooms, 2 baths and is currently rented on a month-to-month basis at $1,495. The ranch side has 2 bedrooms, 1 bath and is leased through 4/30/2017 at $1125/mo. These rents are low for the market but still produce a strong positive cash flow and 6.3% capitalization rate. Each side has an attached garage, laundry room, and large yard. Very efficient and comfortable floor plans. Lots of upside potential here! This building would make an excellent investment, particularly within your IRA!
This Duplex property in Wheat Ridge, CO, MLS # 2931249, is located in the neighborhood of Fruitdale. 4624-4634 Simms is within the Jefferson R-1 School District, served by WHEAT RIDGE High School, EVERITT Middle School, and KULLERSTRAND Elementary School.
Price
Sold Price:
$440,900
Sold Date:03/17/2017
Fruitdale
Jefferson
5
3
3,429 (approx)
2931249
Closed
Description
This duplex is a rare find in today's market! It is configured nicely for an owner occupant on one side & rent the other OR, will make an excellent rental. The larger, tri-level side has 3 bedrooms, 2 baths and is currently rented on a month-to-month basis at $1,495. The ranch side has 2 bedrooms, 1 bath and is leased through 4/30/2017 at $1125/mo. These rents are low for the market but still produce a strong positive cash flow and 6.3% capitalization rate. Each side has an attached garage, laundry room, and large yard. Very efficient and comfortable floor plans. Lots of upside potential here! This building would make an excellent investment, particularly within your IRA!
Listing Information for 4624-4634 Simms Wheat Ridge, CO 80033
Property Type: Duplex Multi Level 5
3 0.31 Acres
3,429 (approx) 1972 Brick, Wood Siding, Frame
Fruitdale
3,429 Sq. Ft. (approx)
2 Total
Neighborhood
School Information
District: Jefferson R-1
KULLERSTRAND EVERITT WHEAT RIDGE
Room Information
Eat-In Kitchen
Interior Features
3,429 Sq. Ft. Above Ground
Dishwasher, Disposal, Refrigerator, Range-Oven
Tile, Vinyl, Laminate, Carpet
Room Refrig, Ceiling Fan(s)
Gas Heat, Forced Air
Partial
Alarm -Smoke/Fire,
Updated
Exterior / Lot Features
2 Parking Spaces,
Wood, Brick, Frame
R-2
Driving Directions
44th to Tabor, North to 46th, East to Swadley, North to Frontage Road, East to Simms St. then South
Financial Considerations
075011
$2,270
2015
Listing Price History

Wheat Ridge Real Estate

Wheat Ridge is located in Colorado. Wheat Ridge, Colorado 80033 has a population of 31,192.

The median household income in Wheat Ridge, Colorado 80033 is $49,003. The median household income for the surrounding county is $69,698 compared to the national median of $53,482. The median age of people living in Wheat Ridge 80033 is 42.5 years.

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Courtesy: Re/Max Alliance
Information is deemed reliable but is not guaranteed.

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