Arvada, CO 80004,10271 W 59th AVE
Arvada, CO 80004,10271 W 59th AVE
Arvada, CO 80004,10271 W 59th AVE
Arvada, CO 80004,10271 W 59th AVE
Arvada, CO 80004,10271 W 59th AVE
Arvada, CO 80004,10271 W 59th AVE
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$1,250,000

$1,250,000

Est.Price: ?

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Est. payment /mo

10 Beds

5 Baths

4,258 SqFt


SOLD DATE : 07/15/2022

Key Details

Sold Price $1,250,000

Property Type Multi-Family

Sub Type Quadplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,258 sqft

Price per Sqft $293

Subdivision Ralston Valley Gardens #2

MLS Listing ID 4963967

Sold Date 07/15/22

Style Traditional

Bedrooms 10

HOA Y/N No

Abv Grd Liv Area 4,258

Originating Board recolorado

Year Built 1960

Annual Tax Amount $3,312

Tax Year 2020

Acres 0.24

Property Description

Turn Key 4-Plex in the heart of Arvada!

This building has been recently updated and most of the rents are now at market value.
- 3 of the 4 units have been fully updated
- Entire building has been updated with new electrical panels
- Entire building has also been updated with Central AC

This building should easily run at a 4.73% cap rate at current rents and can achieve a 5.12% cap if the un-renovated unit is updated and brought to market rent.

These units are especially desirable to tenants due to its close proximity to many shops, restaurants, I-70, mountains. The units also all have private backyards with additional storage sheds!

Location

State CO

County Jefferson

Rooms

Basement Crawl Space

Interior

Interior Features Quartz Counters

Heating Forced Air

Cooling Central Air

Flooring Carpet, Laminate

Fireplace Y

Appliance Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer

Laundry In Unit

Exterior

Exterior Feature Private Yard

Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Allendale

Middle Schools Drake

High Schools Arvada West

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

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REColorado (REColorado MLS)
Listed by Altos Realty Advisors, Inc.
Bought with MB REAL ESTATE SALES
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