3625 Chase Street

Come check out this fantastic income producing duplex in highly desirable Wheat Ridge that generated $157,600 last year! Possible owner financing available as well. Talk about a great location, just minutes to downtown Denver, the Highlands and walking distance to charming Edgewater’s downtown area and Sloans Lake Park, packed with activities and festivals throughout the year. The smaller side, 3635 Chase, has been used as a long term rental and is currently tenanted on a month to month basis at $3,300/month ($2,800/month section 8 and tenant pays $500). The larger side, which includes the 2 car attached garage, has been used as an airbnb type rental and generated $118,000 last year on its own. Did I mention that this home also sits on just under a half an acre?! There are lots of possibilities with this one. You could house hack and live in the smaller side while running the short term rental, or potentially add an even bigger addition onto the large side (with the huge open yard and space) and turn the smaller side into storage or additional parking (buyer and buyers agent to perform their own due diligence and verify if this is possible with the City of Wheat Ridge).

Listing Office: Dream Solutions Realty, LLC