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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,050 sqft
Price per Sqft $283
Subdivision Allendale
MLS Listing ID 7459825
Style Traditional
Bedrooms 10
Year Built 1960
Annual Tax Amount $3,809
Tax Year 2020
Property Description
YOU DON’T WANT TO MISS THIS OPPORTUNITY TO OWN A 4 UNIT PROPERTY IN ARVADA. SITUATED IDEALLY WITHIN THE AREA BETWEEN KIPLING AND RALSTON ROAD. RARE SINGLE LEVEL RANCH WITH MINIMAL MAINTENANCE. ALL BRICK EXTERIOR. THE PROPERTY FEATURES A SOUGHT AFTER UNIT MIX OF TWO 2-BEDROOM AND TWO 3-BEDROOM APARTMENTS. CAPITAL IMPROVEMENTS INCLUDE INDIVIDUAL EVAPORATIVE COOLERS,DOUBLE PANED WINDOWS,SPRINKLER SYSTEM, 3 UNITS WITH UPDATED EXTERIOR AND STORM DOORS. WASHER/DRYER HOOK UPS IN EVERY UNIT. INDIVIDUALLY METERED FOR GAS & ELECTRIC PAID BY TENANTS. WATER & SEWER ARE MASTER-METERED, CURRENTLY PAID BY OWNER. EACH UNIT HAS A PRIVATE PATIO WITH A STORAGE UNIT. LONG TERM TENANTS PAY RENTAL RATES BELOW MARKET ALLOWING NEW OWNERS LOTS OF ROOM FOR INCREASED PROFITABILITY. OFF STREET PARKING SPACES LOCATED BEHIND THE BUILDING AS WELL AS OPEN PARKING STREET SIDE. VERY CLOSE TO PUBLIC TRANSIT, RESTAURANTS, SHOPPING AND ONLY 2.5 MILES TO I70. FABULOUS 4 PLEX! ONLY UNIT REMODELED IS UNIT 4. Unit numbers 1-4. BRAND NEW ROOF!
Location
State CO
County Jefferson
Interior
Heating Forced Air
Cooling Evaporative Cooling
Flooring Carpet, Tile
Laundry In Unit
Exterior
Exterior Feature Garden, Private Yard
Parking Features Driveway-Dirt
Fence Partial
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected
Roof Type Composition
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Allendale
Middle Schools Drake
High Schools Arvada West
School District Jefferson County R-1
Others
Acceptable Financing Cash, Conventional, Jumbo
Listing Terms Cash, Conventional, Jumbo
Special Listing Condition None
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Chad Nash, The Real Estate Doctor
CEO / Real Estate Wealth Advisor
CEO / Real Estate Wealth Advisor