8615 W 54th PL, Arvada, CO 80002 – 9851994 - Jim Cavoto

$935,000

Est. payment -/mo

Est.Price: ?

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8615 W 54th PL Arvada, CO 80002

8 Beds

4 Baths

3,584 SqFt

SOLD DATE : 02/29/2024

Key Details

Sold Price $935,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,584 sqft

Price per Sqft $260

MLS Listing ID 9851994

Sold Date 02/29/24

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 1,792

Originating Board recolorado

Annual Tax Amount $3,947

Tax Year 2023

Property Description

Four-unit apartment building located just minutes from Olde Town Arvada. Current 6.58% CAP Rate with rents already near the top of the market. All four units have 2-bedrooms and 1-bathroom, and the property has a total of 3,584 square feet. The roof was replaced in 2017. One newer furnace. Two newer water heaters. Plenty of off-street parking and parking in the back for tenants. Less than 5-minutes to the Olde Town Arvada Light Rail Stop and local hot spots like The Bluegrass Lounge, The Arvada Tavern, Teocalli Cocina, and Denver Beer Co. Terrace Park is also right across the street.