4 W Arkansas AVE #R-1, R-2, R-3 Active Save Request In-Person Tour Request Virtual Tour
Denver,CO 80223
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,700 sqft
Price per Sqft $367
Subdivision Broadway Arkansas
MLS Listing ID 4882091
Bedrooms 4
Condo Fees $239
HOA Fees $239/mo
Year Built 1915
Annual Tax Amount $2,988
Tax Year 2022
Property Description
The Arkansas Portfolio boasts seven units located in the heart of Denver and just steps away from popular retail on South Broadway. 4 & 18-20 W Arkansas Ave offer a unique unit mix, leaving multiple choices for potential renters. The property?s location presents excellent walk and bike scores and is conveniently located within 15 minutes of Downtown Denver, Cherry Creek, and DTC.
All seven units have seen recent renovations, some with high-end cosmetic finishes, leaving investors an attractive blend of stability and value-add potential. There?s also the option to re-deed each unit separately, thereby enabling their individual sale. The triplex and quadplex can be purchased separately or together.
HIGHLIGHTS
- Can be purchased with 18-20 W Arkansas or separately
- In-unit washer/dryer, vaulted ceilings, spacious closets, open & unique floor plans, diverse unique mix
- Recent renovations include new luxury flooring, windows, contemporary lighting, and other high-end finishes
- Current leases are 5-20% below market comparables
- Option to re-deed separately, enabling individual sale of units
- Centrally located in the heart of Denver and walkable to popular restaurants, bars, shops, and retail
HOA
- Has HOA: Yes
- HOA fee: $239 monthly
- Services included: Reserve Fund, Maintenance Grounds, Maintenance Structure, Roof Insurance, Recycling, Trash, Water, Sewer, Snow Removal
- Association Name: S Broadway HOA
Location
State CO
County Denver
Zoning U-MS-3
Interior
Heating Natural Gas
Cooling Air Conditioning-Room
Flooring Vinyl
Exterior
Roof Type Unknown
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Mckinley-Thatcher
Middle Schools Grant
High Schools South
School District Denver 1
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None