7705 W 61st Avenue, Arvada, CO 80004
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
7705 W 61st Avenue,Arvada, CO 80004
$999,000
- 8 Beds
- 4 Baths
- 3,096 sq. ft.
- Multi-family
- Active
Listed by: patrick rampiprampi@moduscommercial.com,720-935-2184
Office: modus real estate
MLS#:2264383
Source:ML
Price summary
- Price:$999,000
- Price per sq. ft.:$322.67
About this home
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.
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Home facts
- Year built:1959
- Listing ID #:2264383
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Living area:3,096 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1959
- Building area:3,096 sq. ft.
Schools
- High school:Arvada
- Middle school:Arvada K-8
- Elementary school:Lawrence
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$322.67
- Tax amount:$4,587 (2024)
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