Arvada, CO 80004,7705 W 61st AVE
Arvada, CO 80004,7705 W 61st AVE
Arvada, CO 80004,7705 W 61st AVE
Arvada, CO 80004,7705 W 61st AVE
Arvada, CO 80004,7705 W 61st AVE
Arvada, CO 80004,7705 W 61st AVE
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MODUS Real Estate

MODUS Real Estate

+1(303) 229-6582
$ 999,000
Est. payment | /mo

8 Beds

4 Baths

3,096 SqFt

Save
$ 999,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,096 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,096 sqft

Price per Sqft $322

Subdivision Olde Town Arvada

MLS Listing ID 2264383

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 3,096

Year Built 1959

Annual Tax Amount $4,587

Tax Year 2024

Property Sub-Type Quadruplex

Source recolorado

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 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 6.70% 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. Contact the listing agent today for the current rent roll, the full Offering Memorandum, and to schedule a private tour.

Location

State CO

County Jefferson

Interior

Heating Forced Air

Cooling Other

Fireplace N

Appliance Dishwasher, Microwave, Oven, Range, Refrigerator

Laundry In Unit

Exterior

Exterior Feature Private Yard

Roof Type Composition

Total Parking Spaces 8

Garage No

Building

Sewer Public Sewer

Level or Stories One

Structure Type Brick,Frame

Schools

Elementary Schools Lawrence

Middle Schools Arvada K-8

High Schools Arvada

School District Jefferson County R-1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

REColorado (REColorado MLS)
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by MODUS Real Estate

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7705 W 61st AVE