8050 W 52nd Avenue #8020-8050
Arvada, CO 80002
3000 sqft | 8 beds | #8382242
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.
Property Details
- Sewer InformationCity Sewer, Public Sewer
- Property SubtypeIncome Property
- Property TypeMulti-Family
- BasementCrawl Space
- Utility SourceCity Water
- Elementary SchoolArvada K-8
- Middle SchoolArvada K-8
- CountyJefferson
- MLS #8382242
- Cost1099900
- MLS #8382242
- SubdivisionRhodes
- High SchoolArvada
- Square Feet3000
- Year Built1958
- Bedrooms8
- Parking Spaces8
Location
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Last Updated: . Source: IRES
Listing Courtesy
Listing Agent: Nathan Adams (#04676N), Phone: (720) 255-4101, Email: nathan@redTHomes.com
Listing Office: Modern Design Realty Group LLC (#M2571)
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