Property Description

Re-Marketing to meet Cap Rate for Investment! Whole Duplex Opportunity in Prime Wheat Ridge Location. 2024 Cap rate6.0%. Pro-forma cap rate 7-8% with rent at $2900-$3100 for 9397 and $1900-$2100 for 9395. 9397 fully updated,offering the perfect blend of modern living and steady investment income. Whether youre looking to owner-occupy orexpand your portfolio, this property delivers versatility and value. (397 -enjoy new windows, flooring, lighting, doors,hardware, and a fully remodeled kitchen and bathrooms, newer electric panel, with fresh interior and exterior paintcompleting the look. The layout offers 4 bedrooms and 2 baths, including two bedrooms upstairs with a full bath, plus twoadditional bedrooms and a spacious family room downstairs with a ¾ bath?ideal for guests, multi-generational living, orwork-from-home flexibility. The oversized laundry room adds convenience, while the kitchen opens to a Trex deck?perfectfor outdoor dining and entertaining. The fenced backyard features mature landscaping, a sprinkler system, a storage shed,and space for RV or toy parking, and an extra-deep garage with workbench provides room for projects and storage and anew garage door, approximately 1660 sq.ft. total. 9395 -Income-Producing Side: The adjacent unit offers 2 bedrooms, 1bath, a private laundry room, and its own fenced yard with sprinkler system and shed. A long-term tenant is in placethrough July 31, 2027, providing reliable income, and the unit also features a new garage door and an equally deep garagespace. Approximately 1100 sq. ft. total. Additional Highlights: New roof (2017), updated HVAC & water heater ? all newwithin 5 years, garages positioned between units for enhanced privacy and noise reduction, no HOA. This is a standoutopportunity in Wheat Ridge?live in one side and offset your mortgage, or enjoy a strong, dual-income investment in adesirable area, close to parks, trails, and an easy commute downtown or to the mountains.

Property Features

Local Schools