8020 W 52nd Ave 8020-8030 Arvada CO 80002

Active

8020 W 52nd Ave 8020-8030 Arvada CO 80002


Courtesy of: Nathan Adams | REDT LLC
$559,900 Arvada, CO 80002
  • Jefferson County
  • 4 Beds
  • 2 Baths

Key Features

  • Property Type: Residential Income
  • Status: Active
  • MLS® ID: 5247357
  • Year Built: 1958
  • County: Jefferson
  • Neighborhood: Rhodes

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Heating: Forced Air
  • Water: City Water

Exterior Details

  • Garage: 4
  • Roof: Composition
  • Sewer: City Sewer, Public Sewer

Description

This unique investment opportunity features two duplexes each on their own lot. Buyers have the flexibility to purchase one duplex or both. 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 1/2 duplexes are right around 400K.

DO NOT DISTURB TENANTS.

Location

  • Address: 8020 W 52nd Ave 8020-8030 Arvada CO 80002
  • City: Arvada
  • State: CO
  • Zip: 80002

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