Denver, CO 80223,4 W Arkansas AVE #R-1, R-2, R-3
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Denver, CO 80223,4 W Arkansas AVE #R-1, R-2, R-3
Denver, CO 80223,4 W Arkansas AVE #R-1, R-2, R-3
Denver, CO 80223,4 W Arkansas AVE #R-1, R-2, R-3
Denver, CO 80223,4 W Arkansas AVE #R-1, R-2, R-3
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$ 625,000
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4 W Arkansas AVE #R-1, R-2, R-3 Denver, CO 80223

4 Beds

3 Baths

1,700 SqFt


UPDATED:

09/26/2024 04:54 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,700 sqft

Price per Sqft $367

Subdivision Broadway Arkansas

MLS Listing ID 4882091

Bedrooms 4

Condo Fees $239

HOA Fees $239/mo

HOA Y/N Yes

Abv Grd Liv Area 1,700

Originating Board recolorado

Year Built 1915

Annual Tax Amount $2,988

Tax Year 2022

Property Description

The Arkansas Portfolio boasts seven units located in the heart of Denver and just steps away from popular retail on South Broadway. 4 & 18-20 W Arkansas Ave offer a unique unit mix, leaving multiple choices for potential renters. The property’s location presents excellent walk and bike scores and is conveniently located within 15 minutes of Downtown Denver, Cherry Creek, and DTC.
All seven units have seen recent renovations, some with high-end cosmetic finishes, leaving investors an attractive blend of stability and value-add potential. There’s also the option to re-deed each unit separately, thereby enabling their individual sale. The triplex and quadplex can be purchased separately or together.

HIGHLIGHTS
- Can be purchased with 18-20 W Arkansas or separately
- In-unit washer/dryer, vaulted ceilings, spacious closets, open & unique floor plans, diverse unique mix
- Recent renovations include new luxury flooring, windows, contemporary lighting, and other high-end finishes
- Current leases are 5-20% below market comparables
- Option to re-deed separately, enabling individual sale of units
- Centrally located in the heart of Denver and walkable to popular restaurants, bars, shops, and retail

HOA
- Has HOA: Yes
- HOA fee: $239 monthly
- Services included: Reserve Fund, Maintenance Grounds, Maintenance Structure, Roof Insurance, Recycling, Trash, Water, Sewer, Snow Removal
- Association Name: S Broadway HOA

Location

State CO

County Denver

Zoning U-MS-3

Interior

Heating Natural Gas

Cooling Air Conditioning-Room

Flooring Vinyl

Fireplace N

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

Exterior

Roof Type Unknown

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Mckinley-Thatcher

Middle Schools Grant

High Schools South

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


REColorado (REColorado MLS)
Listed by Kaufman Hagan • avollert@khcommercial.com,650-740-9570

Jim Cavoto

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+1(720) 692-6563

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4 W Arkansas AVE #R-1, R-2, R-3