10717 W 38th

Wheat Ridge, CO 80033
Square Ft.
6,535
$1,850,000
Marcus & Millichap is pleased to present the investment opportunity located at 10717 W 38th Ave in Wheat Ridge, Colorado. The renovated, two-story multifamily property sits on 0.32 acres and is strategically located near Discovery Park, a popular destination for outdoor recreation. This townhome-style asset features private yards for eachRead MoreRead Less
Market LogoCourtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. [email protected]
Listing Snapshot
Days Online
192
Last Updated
Property Type
Multi Family
Square Ft.
6,535
Year Built
1969
MLS Number
1934226
30 Days Snapshot Of 80033
$553k
-12%
(avg) sold price
11
-62%
homes sold
112
+33%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Construction Materials: "Brick", Effective Year Built: 2022, Features: "Bike Storage", "Coin Laundry", "Laundry", "Storage", Occupant Type: Tenant, Structure Type: "Low Rise (1-3)", Total Area: 6535, Unit Count: 1, Unit Types: "Array", Built in 1969, 7 total units
Disclosures
Exclusions: Owner and tenant personal property.
Expenses
Operating Expense: $37,141, Projected Annual Expense: $38,784
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 106336.00, Gross Income: $145,440, Projected Annual Net Income: $114,950, Projected Gross Income: $156,014
Lot
Parcel Number: 3921409007
Energy Saving
Green Verification Count: 0
Parking
Parking Total: 20, Carport Spaces: 0, Offstreet Spaces: 20, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1
Property
Current Use: "Multi-Family", Property Sub Type: Multi Family
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 7059, Legal Description: Section 21 Township 03 Range 69 Qtr SE SubdivisionCd 225400 SubdivisionName ESTES HAHN Block Lot 0004 Size: 10500 Tract Value: .241, Tax Year: 2024
Utilities
Power Production Count: 0, Water Included
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Big Frontier Group
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.