$865,000
$850,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
2,944 SqFt
SOLD DATE : 11/17/2023
Key Details
Sold Price $865,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,944 sqft
Price per Sqft $293
Subdivision Meadow Lake
MLS Listing ID 5051940
Sold Date 11/17/23
HOA Y/N No
Originating Board recolorado
Year Built 1985
Annual Tax Amount $3,913
Tax Year 2022
Lot Size 0.350 Acres
Acres 0.35
Property Description
This is a rare opportunity to buy two duplexes in the heart of Arvada, one of the fastest-growing cities in the Denver Metro area. All leases are set to expire within the first 6 months of ownership, allowing the buyer to increase rents to market rates. With a few cosmetic upgrades and TLC, this value-add opportunity will provide long-term, stable cash flow.
Location
State CO
County Jefferson
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Composition
Total Parking Spaces 2
Garage Yes
Building
Story Two
Sewer Public Sewer
Level or Stories Two
Structure Type Frame
Schools
Elementary Schools Vanderhoof
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, FHA
Listing Terms 1031 Exchange, Cash, Conventional, FHA
Special Listing Condition None
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