Sold

7705 W 61st Ave, Arvada, CO 80004

Beds
8
Baths
4
Sqft
3,096
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byMODUS Real Estate
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Overview

Seize a rare opportunity to own a high-performing, ranch-style quadplex just over a 10-minute walk north of Olde Town Arvada. This prime location offers tenants unparalleled access to the city's best dining, boutiques, and the G-Line Light Rail for a seamless Denver commute. The property consists of four 2-bed, 1-bath units generating a combined gross monthly income of $7,075 (an impressive 6.93% Proforma CAP Rate). Each unit offers a combination of highly desirable features including individually fenced in backyards, two off-street parking spots (8 total), W/D in unit, dishwasher, and an AC wall unit. Each unit has a separate furnace and hot water heater and is metered for gas and electric individually. Two newer furnaces, many recently updated appliances, and Unit #7745 has been fully renovated with modern LVP flooring and updated finishes. Don't miss this stabilized asset in a high-demand submarket. Potential Seller financing on the equity the Seller has in the property as well. Contact the listing agent today for the current rent roll, the full Offering Memorandum, and to schedule a private tour.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
8
Number of bathrooms
4
Square feet
3,096
Year built
1959

Garage and parking

Garage parking spaces
8

Utilities

Heating
Forced air
Sewer
Public sewer

Taxes

Tax Annual Amount (2024)
$4,587

Public schools

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Sourced from: IRES MLS MLS®#: 2264383 Last checked:

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