7705 W 61st Avenue

    Arvada, CO 80004
    • $750,000
    • STATUS: Active
    • ON SITE: 125 days
    • ID#: 7650118
    Price Reduced
    UPDATED: 58 min ago
    $750,000
    • 8
      BEDS
    • 0.24
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,096
      SQFT
    • $242
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Pinnacle Real Estate Advisors.

    Description

    Price Reduced to $750,000! Must Close by 2-7-2019! 6.57% Current CAP Rate. 4-Unit Apt Bldg Just 1/2 Mile to Olde Town Arvada & Light Rail Station. Updated Interiors Including Newer Kitchen Cabinets, Built-In Microwaves and Washer/Dryer Hookups in Each Unit.

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Griffith Home Team 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.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.yourdenverhomesource.com/homes/87394482

    7705 W 61st Avenue Arvada, CO 80004

    • Price: $750,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 7650118
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.24
    Acres
    3,096
    SQFT
    $242
    $/SQFT
    1959
    Built
    Neighborhood:
    Old Town Arvada
    County:
    Jefferson
    Area:
    Arvada
    Elementary School:
    Lawrence
    Middle School:
    ARVADA K-8
    High School:
    Arvada
    School District:
    Jefferson County R-1
    Property Description
    Price Reduced to $750,000! Must Close by 2-7-2019! 6.57% Current CAP Rate. 4-Unit Apt Bldg Just 1/2 Mile to Olde Town Arvada & Light Rail Station. Updated Interiors Including Newer Kitchen Cabinets, Built-In Microwaves and Washer/Dryer Hookups in Each Unit.
    Exterior Features

    Construction Materials Brick Construction Methods Frame Exterior Features FenceYard Parking Off-Street (8 Spaces) Parking Total Searchable 8 Road Surface Paved Road Roof Composition Shingles Site Features Near Public Transit Storage Units Number Of 0 Structural Style Ranch/1 Story Style Characteristics Low Rise (1-3) Unit Access Exterior Access

    Interior Features

    Basement Size None Cooling None Flooring LaminateTile Floor Heating Forced Air Heating Fuel Gas Interior Features Cable AvailableUpdated Kitchen Appliances DishwasherMicrowave OvenRefrigerator (Kitchen)Stove/Range/Oven Laundry Availability W/D Hookups in Unit Sq Ft Above 3096 Sq Ft Finished 3096

    Property Features

    Additional Information Income PotentialTenant Occupied Annual Expense Actual 11454 Annual Expense Proj 13827 Annual Income Actual 60694 Annual Income Proj 64484 Annual Net Income Actual 49240 Annual Net Income Proj 50657 Building Name Olde Town Arvada 4-Plex Building Type Quadplex (All Units) Capitalization Rate 6.57 Has Hoa YN No Is Incorporated YN Yes Listing Financing CashConventionalExchangePrivate Financing Number Of Units Furnished 0 Number Of Units Vacant 0 Owner Paid Utilities TrashWater Potential Rental Income Annual 63600 Real Estate Taxes 3793 Seller Type Individual Status Conditions None Known Tax Amount 2581.00 Tax Year 2017 Transaction Type For Sale Unit Count 1 Water Annual Expense 1988 Zoning Rm

    Listing courtesy of Pinnacle Real Estate Advisors: MLS #7650118


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Griffith Home Team 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.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    The Griffith Home Team
    9200 E. Panorama Circle, Unit 140
    Englewood CO, 80112
    Offered by Pinnacle Real Estate Advisors.