Dream home w/apartment over huge garage (incredible income)

OVERALL:

Large beautiful home with almost 4000sqft in living space. Built by contractor as his own dream home this house comes with numerous upgrades and special features including extensive cabinetry and unique drywall work. Outside is colonial style with a huge wrap-around porch - gives the impressive of a grand southern plantation home. However, Inside is completely modern with raised ceilings in almost every room. There is radiant baseboard heat thoughout the entire house with individual temperature control in most rooms. First floor is mostly hardwood with most of second floor carpet.

VALUE:

One of the nicest homes in Arvada yet with one of the lowest per-square-foot prices (just under $100 per sqft). And the square footage is "real" living space... it does not include lower-appraised basement square footage since there is no basement!

 LOCATION:

Central location in a friendly established neighborhood near major highways (I-70, I-76, 36, Sheridan, and Wadsworth) and just about 7 miles to the core of downtown denver. You can see denver city lights and the front range mountains form the top floor.

MAIN LIVING AREA:

The living room features a 2.5 story ceiling, a wall of windows looking out to the back yard, huge built-ins featuring a 65" tv, and a staircase and top floor hallway.. Next to living room is a formal dining room that could also be used as a billiard or family room.

MASTER SUITE:

Huge master suite features bay window area, wood floors, high raised ceiling, large cedar walk-in closet, linen closet, and large bathroom. The bathroom features a double sink, large glass enclosed shower, another bay window area with large jacuzzi tub, and a water closet. Very quiet in the back of the house with no second floor above.

MOTHER-IN-LAW SUITE:

Legally not an apartment (it is a single family home... not a duplex) but in practicality it works as one. It encompases the entire floor above the oversized 3-car garage with full kitchen/dining with appliances included, large open living room, full bedroom w/walk-in closet and bathroom, and cathedral ceilings throughout. Perfect for a couple or single person either family or for making income (rents for $900 month). And of special interest... has a "secret" room attached that can be finished as another room to add to the overall apartment (or can be finished as another bedroom connected to the top floor of the main house!)

GARAGE:

Large oversized 3-car garage with double and single garage doors (with garage door openers and remotes for each). Old kitchen cabinets and counter form a shop area in the back corner of the garage. Features include a built-in garage heater, finished drywall, and epoxy coated floor.

LOT:

Just under 1/3 of an acre extensively landscaped corner lot elevated from the road in front of it with river rock and plants covering the front and side hill. Features include a 6' wood fence around most of the back yard, a full yard sprinkler system, raised timber planters, and lots of trees and plants.

WATER RIGHTS!!!:

An incredible feature for here in Colorado... a water supply ditch runs under a corner of the property giving the owner potential ditch rights if desired. The sprinkler system currently runs completely off the ditch water for a very low yearly maintanance fee and no water restrictions. See owner for more details.

AS A RENTAL PROPERTY:

Seriously one of the most lucrative rental homes on the entire front range due to it's unique set-up. Current rents collected on the house total $3600 and the mother-in-law suite totals $900. Yes... total rentals of $4500 a month!!!! (this does include bills which have averaged under $600 per month over the past year or two - have all bill records to view). 

• live in main house, rent mother-in-law apartment for as much as $900 month
• live in mother-in-law apartment, rent main house for as much as $3600 month
• rent everything for as much as $4500 per month

VIEWINGS VERY LIMITED!!! 

In respect to current tenants, viewings must be arranged by owner and could be limited in scope.  While a tour can usually include the mother-in-law apartment, the main living/dining areas, the garage, and outside... the bedrooms and bathrooms will usually be off limits until serious intent to purchase is shown.  Please do not visit home and infringe on the rights of the current tenants... they are very nice but let's respect their privacy please... thanks!