For more information regarding the value of a property, please contact us for a free consultation.
10271 W 59th Ave Arvada, CO 80004
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,250,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 4,258 sqft
Subdivision Ralston Valley Gardens #2
MLS Listing ID 4963967
Sold Date 07/15/22
Style Ranch
Bedrooms 10
HOA Y/N false
Abv Grd Liv Area 4,258
Originating Board REcolorado
Year Built 1960
Annual Tax Amount $3,312
Lot Size 10,454 Sqft
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
Area Metro Denver
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Type None
Fireplace false
Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Exterior
Garage Spaces 4.0
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Waterfront false
Roof Type Composition
Building
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Allendale
Middle Schools Drake
High Schools Arvada West
School District Jefferson County R-1
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
Read Less
Bought with MB REAL ESTATE SALES
GET MORE INFORMATION