Paul and Andrea Kohlman
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BEDS8
BATHS4
SQUARE FEET3,096
MLS#2264383
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONOlde Town Arvada
SCHOOLJefferson County R-1
Listing Courtesy of:
MODUS Real Estate
Agency Contact: prampi@moduscommercial.com,720-935-2184
Property Description
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 citys 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. Dont 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Other
Heating: Forced Air
Roof Type: Composition
Stories: 1.0
Taxes: $4,587
Year Built: 1959
Amenities
Private Yard
Feature Descriptions
Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
Baths Total: 4
Days on Site: 48
Exclusions: Tenants personal property
Exterior: Brick, Frame
Laundry: In Unit
Parcel#: 010773
Patio/Porch: Patio
Sewer: Public Sewer
Local Schools
High School: Arvada
Middle School: Arvada K-8
Elementary School: Lawrence
School District: Jefferson County R-1
Listed By / Shown By
Listed By
Agency Name: MODUS Real Estate
Agency Contact: prampi@moduscommercial.com,720-935-2184
Shown By
Agent Name: Paul and Andrea Kohlman
Agent Phone: (719) 494-9144
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 5,333.57 per month $4,674.52 Principal & Interest $382.25 Property Tax $276.79 Homeowner's InsuranceChange Payment Information
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7705 W 61st Avenue | MLS# 2264383
This multi-family property located at 7705 W 61st Avenue, Arvada, CO 80004 is currently listed for sale with an asking price of $949,000. W 61st Avenue is located within the Jefferson County R-1 school district. Search Arvada real estate on www.thekohlmans.com today.