Sold
Last Sold Price
5 beds2 baths1,991 sqft$239/sqft
3501 Kipling St, Unit 3505, Wheat Ridge, CO 80033
Multi FamilyProperty Type
0.30 acresLot Size
1949Year Built
$239/sq ftPrice per sq ft
6 carsParking Spaces

Description

Only Duplex Priced Below $650,000 In Wheat Ridge In The Last 6 Months - Instant Equity - Cash Flows Even With These Interest Rates 3501 The 2 Bedroom Side Is Vacant, You Pick Your Tenant (Maybe It's You), You Decide How Much Work ($1000 or $10,000) Before You Rent It 3505 The 3 Bedroom Side Has Long Term Month To Month Tenant Who Wants To Stay, Has Had The Same Rent For The Last 3 Years and Knows A Rent Increase Is Coming, (DDRC pays the majority of the rent and it just passed their inspection) -...Only Duplex Priced Below $650,000 In Wheat Ridge In The Last 6 Months - Instant Equity - Cash Flows Even With These Interest Rates 3501 The 2 Bedroom Side Is Vacant, You Pick Your Tenant (Maybe It's You), You Decide How Much Work ($1000 or $10,000) Before You Rent It 3505 The 3 Bedroom Side Has Long Term Month To Month Tenant Who Wants To Stay, Has Had The Same Rent For The Last 3 Years and Knows A Rent Increase Is Coming, (DDRC pays the majority of the rent and it just passed their inspection) - Each Unit Has It's Own Private Large Fenced Yard - New Roof and Gutters July 2023 - (6% Projected Cap Rate At $650,000) - Live In 1 Side and Rent The Other Side - Lots of Upside! - Washer/Dryer hookups in both units (tenants supply w/d) - Each has their own fenced yard - pet friendly tile floors in both units - minimal work has been performed on both units but are rentable as is - do a little work now and a little more next year - More Photos of 3505 will be uploaded Wednesday afternoon - please use those photos until accepted offer Please see MLS Supplements Prior To Showing
  • Listed by: Shellee Scherr 720.495.4846 shellee@srthomes.com • Century 21 Signature Realty, Inc
  • Listed by: Kyle Scherr 720.495.4846 Kyle@SRTHomes.com • Century 21 Signature Realty North, Inc.
Listing closed: 11/22/2023 12:00 AM • Source: RECOLORADO as distributed by MLS GRID, MLS#: 7492086

Recent comparable sales

Median sold price

$587,500

Avg days on market

44

Sale-to-list ratio

96.0%

Wheat Ridge, CO

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Location

Listing Courtesy of Century 21 Signature Realty, Inc, Shellee Scherr; Century 21 Signature Realty North, Inc., Kyle Scherr

Sold By MB GUARDIAN RE, Kyle von Kaenel

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Property Information for 3501 Kipling Street, Unit 3505

Property Details
  • Taxes: $3,060 / year
  • MLS Type: Residential Income / Duplex
  • Structure Type: Duplex
  • Architectural Style: Traditional
  • Levels: One
  • Subdivision Name: Valley Vista
  • Association: No
  • Basement: No
Building Information
  • Year Built: 1949
  • Lot Size: 0.30 AC / 13,106 SF
Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 1991
  • Sqft Total: 1991
  • Living Area (SqFt Finished): 1991
  • Above Grade Finished Area: 1991
  • Living SqFt: 1991
  • Area Source: Public Records
  • PSF Total: 239
  • PSF Above Grade: 239
  • PSF Finished: 239
  • Entry Location: Exterior Access
  • Entry Level: 1.0
  • Direction Faces: East
  • Basement: Sump Pump
  • Fireplaces Total: 0
  • Heating: Forced Air, Natural Gas
  • Cooling: None
  • Interior Features: Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Tile Counters, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Range, Range Hood, Refrigerator, Sump Pump
  • Laundry Features: In Unit, Main Level, Multiple Locations
  • Virtual Tour URL Unbranded: https://youtu.be/fZFdI6Q91Ac
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 4
Bathrooms
  • Bathrooms Total: 2
  • Upper Level Bathrooms: 0
  • Main Level Bathrooms: 0
  • Lower Level Bathrooms: 0
  • Basement Level Bathrooms: 0
Unit Information
Unit 1
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $.00
  • Beds Total: 2
  • Baths Total: 1
  • Number Of Hookups: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Description: 3501 Currently Vacant
Unit 2
  • Unit Type: 3 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,700.00
  • Numberof Parking Per Unit: 4
  • Beds Total: 3
  • Baths Total: 1
  • Number Of Dishwashers: 1
  • Number Of Hookups: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Description: 3505 Month to Month Tenant Knows Rent Increase Is Coming
Parking
Parking
  • Parking Features: Concrete, Driveway-Gravel
  • Attached Garage: No
  • Parking Total: 2
  • Garage Spaces: 0
  • Offstreet Spaces: 6
  • Parking Count: 6
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Prospect Valley
  • Elementary School District: Jefferson County R-1
  • Middle Or Junior School: Everitt
  • Middle Or Junior School District: Jefferson County R-1
  • High School: Wheat Ridge
  • High School District: Jefferson County R-1
Site & Location Information
  • Lot Size Acres: .30
  • Lot Size Square Feet: 13106
  • Lot Features: Corner Lot
  • Zoning: R2
  • Fencing: Full
  • Accessibility Features: Corner Lot, House Faces East, Gutters
  • Distance To Bus: 2
  • Distance To Bus Units: Blocks
  • Property Exclusions: Tenants Personal Property
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Building Name: 3501 AND 3505 KIPLING
  • Construction Materials: Block, Stucco
  • Property Condition: Fixer
  • Roof: Membrane
  • Common Walls: 1 Common Wall
  • Exterior Features: Private Yard, Rain Gutters
  • Livable Structure Count: 0
  • Unit Count: 2
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Electric: 220 Volts

Schools near 3501 Kipling Street, Unit 3505

This home is within Jeffco Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - PK to 6
Rating
School
Distance
Prospect Valley Elementary School
PublicK to 5

Everitt Middle School
Public6 to 8

Wheat Ridge High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Signature Realty, Inc, Shellee Scherr; Century 21 Signature Realty North, Inc., Kyle Scherr

Based on information submitted to the MLS GRID as of 11/22/2023 06:25 PM. 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 or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.