12
See all 12 photos
$1,625,000
Est. payment /mo
0.55 Acres Lot
New
3715 Pierce ST Wheat Ridge, CO 80033
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Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3857973
HOA Y/N No
Year Built 1938
Lot Size 0.552 Acres
Acres 0.55
Property Sub-Type Multi Family
Property Description
3715 Pierce consists of 11 total units and was built in 1938/1970. There is a diverse unit mix of 2 studios, 7 one bedrooms, and 2 two bedrooms. These premium units boast side by side layouts, front and back doors, and central AC for each unit. Many of the kitchens and bathrooms have been updated. There have also been extensive updates to major systems in the last 5 years including new roof, plumbing, electrical, furnaces, windows, paint, & central AC.
The property sits just off 38th and Pierce with multiple stores and restaurants just steps away. This submarket has seen extensive nearby development and is known for its low vacancy rates. There are also two storage garages with additional income opportunity. For the right investor, this is a great opportunity to buy a clean deal in a strong location that will continue to improve over time.
Highlights:
New roof, plumbing, electrical, furnaces, windows, sewer line, landscaping, paint, & central AC
Proven upside – see rent comp page
Historical total income $157,239
Attractive side-by-side layouts with front and back doors; many kitchens & bathrooms have been updated
Central AC for each unit
Coin-operated laundry - 2 laundry rooms with 2 washers/2 dryers per room
Separately metered gas - tenants pay direct
Ample parking
The property sits just off 38th and Pierce with multiple stores and restaurants just steps away. This submarket has seen extensive nearby development and is known for its low vacancy rates. There are also two storage garages with additional income opportunity. For the right investor, this is a great opportunity to buy a clean deal in a strong location that will continue to improve over time.
Highlights:
New roof, plumbing, electrical, furnaces, windows, sewer line, landscaping, paint, & central AC
Proven upside – see rent comp page
Historical total income $157,239
Attractive side-by-side layouts with front and back doors; many kitchens & bathrooms have been updated
Central AC for each unit
Coin-operated laundry - 2 laundry rooms with 2 washers/2 dryers per room
Separately metered gas - tenants pay direct
Ample parking
Location
State CO
County Jefferson
Exterior
Private Pool No
Building
Sewer Public Sewer
Others
Tax ID 507000
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byNorthPeak Commercial Advisors, LLC
NEARBY SCHOOL & BUSINESS
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