9874 W 64th Place

Arvada, CO 80004

Incomes Property  $488,400  Sold

10-26-2019 10:59am

Property Description

7+ CAP RATE in hot Arvada! Outstanding combination of short-term cash flow and long-term appreciation. This gorgeous, newly renovated ranch home has all the modern amenities your ideal tenants are looking for, located in a highly desirable location near trails, parks, dining and shopping. 2.5 miles to light rail or I-70! Neighborhood is undergoing tons of renovation and lots of young families moving in. This house has it all! Open floor plan with beautiful oak floors throughout, fresh white kitchen, granite countertops and stainless appliances, and all new bathrooms with designer tile and fixtures. Freshly finished full basement w/ huge family room, two fully conforming bedrooms, full bath and exercise room/flex space. Multiple 220v stations including DEDICATED RV parking with electric hookup which could be rented separately! Plus NEW energy-efficient windows, NEW Electrical Panel, NEW HVAC and newer roof (2017). Close to Ralston Creek Trail, but NOT in the Floodplain!

Listing Details

MLS#
7485913
MLS Originator
REcolorado (Denver)
Off Market Date
09-29-2019 12:00am
Original Price
$494,900
Distance to Rail
2.50
Nearby Attraction
Corner Lot

Property Details

Property
Income
Property Subtype
Income
Status
Sold
Status Conditions
Kick Out - Contingent on home sale
Last Update
10-26-2019 10:59am
Bedrooms
5
Bathrooms
3
SqFt
2292
Year Built
1958
Der PSF Total
213.09

Map

Property Level and Sizes

SqFt Lot
7259.00
SqFt Finished
2292
SqFt Basement
1146
SqFt Above
1146

Financial Details

Sold Price
$488,400
Previous Year Tax
$1,359
Terms and Conditions
Cash, Conventional, FHA
Transaction Type
For Sale

Interior Details

Interior Features
Double Pane Windows, Exercise Room, Master Bath, Remodeled, Walk-in Closets
Appliances
Microwave Oven, Refrigerator (Kitchen), Stove/Range/Oven
Flooring
Carpet, Tile Floor, Wood
Cooling
Air Conditioning-Central
Heating
Forced Air
Heating Fuel
Gas

Room Details

Laundry Availability
W/D Hookups in Unit

Exterior Details

General
Corner Lot
Base Type
Standard
Base Finished
Yes
Base Floor Plan
Slab
Base Size
Full
Basement Finished %
100
Parking Spaces
2
Parking Features
220 Volts, Driveway-Concrete
Vehicle Spaces
2
Type
# of Space
L x W
Description
Garage (Attached)
1
-
Recreational Vehicle
1
30 x 12
Could easily rent this out separately!

Exterior Construction

Structure
Ranch/1 Story
Roof
Architectural Shingles
Construction
Brick
Construction Method
Brick
Builder Source
County Records

Schools

School District
Jefferson County R-1
Elementary School
Fitzmorris
Middle School
Arvada K-8
High School
Arvada

Condominium Projections

Annual Actual Expenses
2559
Annual Projected Expenses
1759
Annual Actual Income
3350
Annual Projected Income
40200
Annual Actual Net Income
791
Annual Projected Net Income
38441
Unit Furnished
0

Land Details

PPA
2872941.18
Lot Width
0.00

Listing Media

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