$925,000
Fantastic investment opportunity in Arvada, just approximately 1.25 miles from Olde Town! This four-unit property features four spacious 2-bedroom, 1-bath units, each approximately 800 square feet, along with shared on-site laundry and an impressive 11 off-street parking spaces. One unit has been extensively updated with new flooring, kitchen cabinets and countertops, appliances, bathroom fixtures, and fresh paint. The remaining units provide an opportunity for additional cosmetic updates and future rental upside. Tenants are responsible for their own gas, electric, and internet, while the owner currently pays water, trash/recycling, and common-area electric. Current month-to-month tenancy provides flexibility for a future owner to maintain the existing rental structure or reposition the property over time. Conveniently located near Olde Town Arvada with easy access to dining, shopping, entertainment, and transportation, this is a strong opportunity for an investor looking for an established four-unit property with both current income and additional value-add potential.
8
Beds
⋅
4
Baths
⋅
6412729
MLS
⋅
ACTIVE
Status
9436 W 57th Ave, Arvada
The data relating to real estate for sale on this web site comes in part from Information and Real Estate Services, LLC under IRES Rules © Copyright IRES, and is provided for limited non-commercial use. Information is provided exclusively for consumers' personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.