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FOR
SALE
$1,995,000
Active
8,609
Sq.Ft.
1961
Yr. Built
MLS# 4247388
Cumulative Days on Market: 12 (since December 10th, 2024) Data provided by the MLS.

Property Details

3605 Pierce Street in Wheat Ridge is a 10-unit property consisting of 4 one-bedroom units and 6 two-bedroom units. Eight of the 10 units have been recently renovated. Currently, the property is renting below market rates given the quality of the units. The location is highly desirable, situated near the heart of the walkable Wheat Ridge area, where tenants can enjoy easy access to local amenities while being surrounded by single-family homes, giving the property a strong neighborhood feel. Most units feature both front and back entries, offering a more private, homelike atmosphere compared to typical apartment layouts. This is an excellent opportunity to acquire a well-maintained asset in a prime location.

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Property Highlights

Price
$1,995,000
Property Type
Commercial Sale
Property Sub Type
Multi-Family
Living Area
0.00
Acres
0.00
Year Built
1961

Location

County
Jefferson

Property Details

Price
$1,995,000
Property Sub Type
Multi-Family
Property Type
Commercial Sale

Building

Total Area
8,609

Interior Features

Area and Spaces

Number of Units
10

Building Details

Construction

Year Built
1961

Terms

Commercial

Cap Rate
5.20

Terms

Special Terms
Cash, Conventional

Taxes

Tax

Tax (Annual)
$9,653

Heating, Cooling & Utilities

Utilities

Sewer
Public Sewer
Listed by Northpeak Commercial Advisors, LLC, matt@northpeakcre.com, 303-210-1623.
Listing Data last updated 12/23/2024 11:40 am
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Property History

12 days ago
Property information last updated
12 days ago
Status Active. This is the date the listing was placed on market.
739640 days ago
Date of last price change
739640 days ago
Date Sold
NOTE: Cumulative Days on Market: 12. Data provided by the MLS.

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Address available on request - MLS#4247388 - $1,995,000
Listed by Northpeak Commercial Advisors, LLC
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