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Key Details
Sold Price $895,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 2,465 sqft
Subdivision Vista Ridge
MLS Listing ID 9905044
Sold Date 10/22/24
Bedrooms 5
HOA Y/N false
Abv Grd Liv Area 2,465
Originating Board REcolorado
Year Built 1977
Annual Tax Amount $3,967
Lot Size 0.310 Acres
Acres 0.31
Property Description
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. .
Location
State CO
County Jefferson
Area Metro Denver
Rooms
Basement Partially Finished
Interior
Interior Features Open Floorplan
Heating Forced Air, Baseboard
Cooling Evaporative Cooling, Ceiling Fan(s)
Appliance Dishwasher, Refrigerator, Microwave, Disposal
Exterior
Garage Spaces 2.0
Fence Fenced
Waterfront false
Roof Type Composition
Porch Patio
Building
Lot Description Gutters, Corner Lot
Story 2
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Bi-Level
Structure Type Wood/Frame,Brick/Brick Veneer,Wood Siding
New Construction false
Schools
Elementary Schools Vanderhoof
Middle Schools Drake
High Schools Arvada West
School District Jefferson County R-1
Others
Senior Community false
SqFt Source Appraiser
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Bought with eXp Realty, LLC
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Bonnie & Josh Sherman
Broker Associate | FAFA100074934, FA100074801
Broker Associate FAFA100074934, FA100074801