4 W Arkansas Avenue Unit R-1, R-2, R-3, Denver, CO 80223

$625,000
4
BD
3
BA
1,700
SqFt

Courtesy of Kaufman Hagan . avollert@khcommercial.com,650-740-9570

List Price
$625,000
Price Change
▼ $25,000 1717801382
Type
Multifamily
Status
ACTIVE
MLS Number
4882091
Finished Sqft
1,700
Above Grade Sqft
1700
Total Sqft
1700
Subdivision
Broadway Arkansas
Sub-Area
Broadway Arkansas
Year Built
1915

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

Additional Information

School District
Denver 1
Elementary School
McKinley-Thatcher
Middle School
Grant
High School
South
Total HOA Fees
$239
Taxes
$2,988
Tax Year
2022

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