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33944167
33944156

3640 Lewis Street, Wheat Ridge, CO 80033 For Sale

JP
CO 100021375
West Peak Properties
Listed by West Peak Properties
$798,000
24 days on market
Updated 8 days ago

3640 Lewis Street

Details
Property Type Multifamily
Square Footage 3,264
Units 2
Cap Rate 6.24%
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6.24%
Price per SqFt $244
Class B
Year Built 1969
Buildings 1
Stories 1
Lot Size (SqFt) 9,540
Zoning R2
Parking Spaces 4 spaces
Parking per 1,000 SqFt 1.23
Investment Type Stabilized

Well maintained side by side Lakewood duplex!

Marketing description

Rare opportunity to own a well-maintained side-by-side brick duplex in one of Wheat Ridge's most desirable neighborhoods. Featuring an ideal unit mix of one 2-bedroom, 1-bath unit and one spacious 4-bedroom, 2-bath unit, this property appeals to a wide range of tenants while offering outstanding long-term investment potential.

Designed for privacy, the units are separated by attached one-car garages, with each residence featuring its own private backyard, garage, and separate living space. Both units have been updated with luxury vinyl plank flooring throughout, providing a modern finish that's built to last.

The seller has already completed many of the major capital improvements. Recent updates include a new sewer line, newer roof and gutters, updated electrical, radon mitigation systems installed in both units, newer central air conditioning systems, one new heater, newer water heaters, and an automatic sprinkler system. Separate gas and electric meters allow tenants to pay their own utilities.

Residents are within walking distance of the Wheat Ridge Recreation Center, Sprouts Farmers Market, Starbucks, parks, and neighborhood conveniences, while the nearby Clear Creek Trail offers miles of scenic walking and biking. The property is also just minutes from Intermountain Health Lutheran Hospital with quick access to I-70.

This property offers an exceptional combination of location, condition, and long-term value.

Investment highlights

Major systems updated including sewer line, roof, HVAC, and electrical.

Listing Contacts

JP
CO 100021375
West Peak Properties
Listed by West Peak Properties

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