8609 West 54th Place
8609 West 54th Place
$900,000
8
4
3,584
3,584
$251
Description
Just listed! Opportunity to purchase this 4-unit apartment building in close proximity to Olde Town Arvada with quick access to I70 and Wadsworth. When fully occupied the property CAP rate is 5.43% with the opportunity to raise rents of 3/4 units within the first year. The property offers a strong unit mix of 3 bed/1 bath, 2 bed/1 bath, and 1 bed/1 bath units. Tenants can take advantage of the fenced-in common space out back and plenty of off-street parking spaces. The property is adjacent to Terrace...Just listed! Opportunity to purchase this 4-unit apartment building in close proximity to Olde Town Arvada with quick access to I70 and Wadsworth. When fully occupied the property CAP rate is 5.43% with the opportunity to raise rents of 3/4 units within the first year. The property offers a strong unit mix of 3 bed/1 bath, 2 bed/1 bath, and 1 bed/1 bath units. Tenants can take advantage of the fenced-in common space out back and plenty of off-street parking spaces. The property is adjacent to Terrace Park. The roof is 4 years old. This property would be a great opportunity for a seasoned investor or someone looking to live in one unit and have tenants offset your mortgage. Please reach out to Jake Lowell to set up a showing today!
- Listed by Jake Lowell • Marcum Commercial Advisors • Jake@MarcumCommercial.com
Amenities
- Forced Air
- Garage
- Off-Street Parking
Location
LISTING UPDATED: 03/21/2024 05:17 AM
Property Details for 8609 West 54th Place
Status | Active |
---|---|
MLS # | 5776650 |
Days on Compass | 39 |
Taxes | $4,593 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1961 |
Lot Size | 0.17 AC / 7,476 SF |
County | Jefferson County |
Location
Building Information for 8609 West 54th Place
Stories1Residences4Year Built1961Building Size-Lot Size0.17 AC / 7,476 SF
Payment Calculator
$5,294 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 8609 West 54th Place
Property History for 8609 West 54th Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8609 West 54th Place
Taxable ValueLand$10,018Additions$37,335Total$47,353
Tax Record2023$4,593 ($383 / month)
Home Facts
Total Finished SqFt1,792 SqFtAbove Grade Finished SqFt1,792 SqFtStories2Lot Size7,476 SqFtStyleMulti-Family Res (5+ Units)Year Built1961CountyJEFFERSONAPN39-151-12-010
Schools near 8609 West 54th Place
This home is within Jefferson County R-1 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Arvada K-8 PublicK to 8 | ||
Arvada High School Public9 to 12 | ||
Foster Dual Language PK-8 PublicPK to 8 | ||
Fitzmorris Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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