This is an excellent opportunity to own a brick 4-unit multifamily money-making machine. With the HIGHEST CAP RATE on the market compared to other 3-4 unit multifamily properties in the area you cannot go wrong as it yields 6.5% with a solid rental history. The seller, though they have never lived there, has maintained the property with much pride of ownership. This exceptional opportunity is located in the desirable Wheat Ridge area of town. Its location leads to easy access to I-70 and all its connections east and west. Quick access to Denver, Downtown, and the mountains. The property’s position in the community is situated close to transportation, shopping, groceries, eateries, churches, and banking. Yes, the dwellings are completely occupied, and the tenants are very happy. Each unit has a fenced yard, granite counters, and the 2 lower units have new cabinets. One upper-level unit has refinished cabinets. The updated electrical service have been split into 2 panels. Yes, tenants pay the gas, electric & trash. There is off-street parking for all 4 units. 12780 has had the same tenant for 10 years & control of the attached garage and storage area. Whether you are a savvy investor seeking immediate returns or just beginning your quest of a real estate portfolio, this one is worth serious consideration.

Listing courtesy of HomeSmart 303-858-8100



The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO real estate listings held by brokers other than HomeSmart are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.