Fantastic investment opportunity in Arvada, just approximately 1.25 miles from Olde Town! This four-unit property features four spacious 2-bedroom, 1-bath units, each approximately 800 square feet, along with shared on-site laundry and an impressive 11 off-street parking spaces. One unit has been extensively updated with new flooring, kitchen cabinets and countertops, appliances, bathroom fixtures, and fresh paint. The remaining units provide an opportunity for additional cosmetic updates and future rental upside. Tenants are responsible for their own gas, electric, and internet, while the owner currently pays water, trash/recycling, and common-area electric. Current month-to-month tenancy provides flexibility for a future owner to maintain the existing rental structure or reposition the property over time. Conveniently located near Olde Town Arvada with easy access to dining, shopping, entertainment, and transportation, this is a strong opportunity for an investor looking for an established four-unit property with both current income and additional value-add potential.
Features
8 bedrooms
4 bathrooms
directions_car11 carspaces
directions_car11 garage spaces
3800 sq. ft. floor area
crop_free0.21 ac. lot size
cottageOther
Property history for 9436 West 57th Avenue
2023
Sold
$840,000
01 Dec 2023 by Colby Constantine, of Kaufman Hagan
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Local market activity for 8 bedroom other properties in Arvada
Sold
For Sale
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