3691 & 3701 Allison Street

Prime investment opportunity awaits in the heart of Wheat Ridge. Tucked in Ridgeview Gardens this spacious duplex offers over 4000 sq. ft. and has a strong rental history. Each unit features some updates and has been well cared for. This location offers prime access to commuting, Downtown, Crown Hill Park and great dining options just minutes away. Unit 3701 Allison updates include granite kitchen counters, newer vinyl windows, upstairs bathroom, microwave, washer, water line to unit. Unit 3691 Allison updates include dishwasher, newer vinyl windows, water heater, microwave and hardwoods re-sanded. Both units have great individually fenced back yards with privacy and a large storage shed. Water line is shared and currently paid by landlord. Gas/ electric meters are separate for each unit. Each unit has a swamp cooler, boiler heating, bathroom updates and new electrical panels. Radon systems installed in 2023 and 200 amp electrical panels installed in 2022. Enjoying the outdoors is easy on the front porches or rear patio's and private backyards. There is ample parking for 4+ cars in front of the duplex on Allison Street. Currently 100% occupied with great, low-maintenance tenants. Very stable and consistent rental history, low vacancy rate, low turnover, super easy to rent. This property is located between both the old Lutheran Hospital Redevelopment project and the the 38th and Wadsworth redevelopment area. Showings by appointment only. Both sides are occupied do not walk property without formal showing with agent. Just minutes to Applewood, Tennyson, The Highlands and Downtown. Prime access to retail and dining with. easy commuting options via HWYS, bus routes and light rail. This lot has been well maintained with lush landscaping and mature trees. Taxes for 3701 Allison are $2,799 annually and 3691 Allison is $2,705.

Listing Office: Porchlight Real Estate Group