7705 W 61st Avenue, Arvada, CO 80004
Local realty services provided by:CENTURY 21 Bear Facts Realty
7705 W 61st Avenue,Arvada, CO 80004
$964,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: patrick rampi
Office: modus real estate
MLS#:2264383
Source:ML
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Price summary
- Price:$964,000
About this home
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....
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Home facts
- Year built:1959
- Listing ID #:2264383
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Kitchen Description:Dishwasher, Microwave, Oven, Range, Refrigerator
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1959
- Construction Materials:Brick, Frame
- Exterior Features:Patio, Private Yard
- Levels:1 Story
Schools
- High school:Arvada
- Middle school:Arvada K-8
- Elementary school:Lawrence
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$964,000
- Tax amount:$4,587 (2024)
Features and amenities
- Laundry features:In Unit
Parking
- Total parking spaces:8
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