8735 W 54th Place

JUST LISTED! Fantastic opportunity to purchase a triplex just minutes from Olde Town Arvada. With a total of 2,646 square feet, this triplex consists of three 2-bedroom, 1-bathroom units. Two of the units are ground level, ranch style units, and the third unit is a basement unit below the back unit. One gas meter for all three units. The back upstairs and basement units share the same furnace. All units have separate electric. The front unit was recently remodeled with all new countertops, paint, appliances, trim, and has hardwood floors throughout. This unit is ready to rent or move in as an owner occupant/house hacker. The back unit currently rents for $1,500/month plus utilities and the basement unit at $1,190/month plus utilities. Rents are low and there is opportunity to increase rents and positive cash flow. Brand new roof. One brand new water heater. The electrical meters are only about two-years-old. The sewer line has been replaced and has two separate connections to the city main line. Newer windows in the front and back unit and two newer egress windows in the basement unit. There is also a detached 1-car garage. Less than 5-minutes to the Olde Town Arvada Light Rail Stop and everything in Olde Town. Only about 15 minutes to downtown Denver and easy access to the mountains. Terrace Park is also right across the street. Rare opportunity to purchase a triplex in Arvada! Schedule a showing before it's gone!

Listing Office: MODUS Real Estate