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Specialty: LISTING AND SELLING, NEW HOME CONSTRUCTION, BUILDING NEW HOMES AND MULTI-FAMILY and Development and Entitlements for the past 27 years, Wor...
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Listing Source
With courtesy of REDT LLC Posted by REcolorado (Denver)
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ('IDX') program of RECOLORADO®, Real estate listings held by brokers other than RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
8040 W 52nd Avenue #8040-8050
Arvada, CO 80002
— Jefferson
County — Rhodes Neighborhood
This unique investment opportunity features two duplexes, 8040-8050 and 8020-8030, each on their own lot. Buyers have the flexibility to purchase ONE duplex or BOTH. Price listed is for ONE duplex. Each unit offers a comfortable 2-bedroom, 1-bath layout, approximately 750 square feet in size, with two off-street parking spaces. The property generates steady rental income but is under leased to market with current rents ranging from $1,300 to $1,500 per month. Comps show rents could be $1800-2100 per unit per month so there is significant room to add value here.
The seller has priced these for a quick sale and is leaving upside in the transaction for the person that acquires these units. Only minor interior updates—primarily cosmetic improvements such as fresh paint, flooring touch-ups, and minor repairs needed. Overall units are in good shape!
Could be a great house hack opportunity—live in one unit while renting out the other to offset your mortgage and build equity.
Last option is if split comps for ½ duplexes are right around 400K.