8609 W 54th Pl Arvada, CO 80002
JUST LISTED! Opportunity to purchase this 4-unit apartment building in close proximity to Olde Town Arvada with quick access to I70 and Wadsworth. When fully occupied the property CAP rate is 5.43% with the opportunity to raise rents of 3/4 units within the first year. The property offers a strong unit mix of 3 bed/1 bath, 2 bed/1 bath, and 1 bed/1 bath units. Tenants can take advantage of the fenced-in common space out back and plenty of off-street parking spaces. The property is adjacent to Terrace Park. The roof is 4 years old. This property would be a great opportunity for a seasoned investor or someone looking to live in one unit and have tenants offset your mortgage. Please reach out to Jake Lowell to set up a showing today!
- Property TypeMulti-Family
- NeighborhoodGarneal Acres
- CountyJefferson
- Taxes$4,593
- HOA/Condo/Coop Fees$0
- Days on Site58 Days
- MLS StatusActive
- MLS ID Number5776650
- Home Size Source Assessor
- Year Built1961
- Lot Size0.17 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Ranch
- Sewer Public Sewer
- Basement Walk- Out Access
- Number of Stories 1
- Acreage 0.17
- Property Sub Type Multi Family
- Garage Spaces 4
- Attached Garage No
- Utilities Electricity AvailableCable Available
- Direction Faces South
- Garage Off Street
- Construction Brick/Brick Veneer
- Buyer Agent Compensation 2.50 %
Interior Features
- Cooling Evaporative Cooling
- Heating Forced Air
- Basement Foundation Walk-Out Access
Exterior Features
- Roof Fiberglass
- Fencing Partial
- Waterfront Property No
- Fences Partial
- Waterfront No
Community Features
- Senior Community No
- MLS Area Metro Denver