5045 Swadley Street 5055, Wheat Ridge

$925,000

5 Beds
4 Baths
2,465 Sqft
.31 Acres
2 Garages

**OFFERING $5,806.68 SELLER CONCESSION TO BUY DOWN RATE (See Supplements)** Investment opportunity, recently renovated duplex—an enticing addition to any investment portfolio. Boasting a comprehensive refurbishment, including new floors, paint, kitchens, and baths, this property promises a hassle-free ownership experience with minimal maintenance requirements.

The larger unit at 5045 Swadley is 1,474 square feet of prime rental space or as the owners quarters (current lease ends 7/31/2024), comprising 3 bedrooms and 2 baths. 5055 Swadley offers 991 square feet, accommodating 2 bedrooms and 1 bath. Both units are tailored for tenant satisfaction, featuring individual washer/dryer units, 1-car garages, and expansive private backyards.

Boasting zero vacancies since ownership and consistent rent increases, this property has consistently ranked within the top 75% of rental comps—a testament to its enduring appeal and solid investment potential.

Ideal for savvy buyers seeking both a residence and a revenue stream, live in one side and rent out the other. This property presents an opportunity for owner-occupied financing. Imagine owning a home that not only meets your family's needs but also includes an additional unit for supplementary income and enhanced qualification for your mortgage.

Positioned strategically between Golden, Wheat Ridge, and Arvada, these units cater to a thriving rental market, ensuring steady occupancy and lucrative rental income. This locations gives tenant and/or owner occupants the advantage of an amazing school district, Jefferson County School District.

Seize the opportunity to diversify your portfolio with this turnkey investment property. Seller's to offer Buyer's broker compensation.

Essential Information
MLS® #9905044
Price$925,000
Bedrooms5
Bathrooms4.00
Square Footage2,465
Acres0.31
Year Built1977
TypeResidential Income
Sub-TypeDuplex
StatusActive
Community Information
Address5045 Swadley Street 5055
SubdivisionVista Ridge
CityWheat Ridge
CountyJefferson
StateCO
Zip Code80033
Interior
HeatingBaseboard, Forced Air
CoolingEvaporative Cooling
StoriesMulti/Split
Interior Features

Ceiling Fan(s), Open Floorplan, Quartz Counters

Appliances

Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator

Exterior
Exterior FeaturesPrivate Yard, Rain Gutters
RoofComposition
Lot Description

Corner Lot, Near Public Transit

School Information
DistrictJefferson County R-1
ElementaryVanderhoof
MiddleDrake
HighArvada West
Additional Information
Date ListedMay 9th, 2024
Parking Spaces2
# of Garages2
Listing Details
OfficeFort + Hom, LLC
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