4 West Arkansas Avenue, Unit R1 R2 R3
$625,000
4
3
1,700
1,700
$368
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...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
- 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
- Listed by Andrew Vollert • Kaufman Hagan • avollert@khcommercial.com,650-740-9570
Property Details for 4 West Arkansas Avenue, Unit R1 R2 R3
Structure Type
Triplex
LevelsTwo
Stories2
Subdivision NameBroadway Arkansas
AssociationYes
Multiple AssociationsNo
BasementNo
LISTING UPDATED: 09/26/2024 10:54 AM
Property Details for 4 West Arkansas Avenue, Unit R1 R2 R3
Status | Active |
---|---|
MLS # | 4882091 |
Days on Compass | 203 |
Taxes | $2,988 / year |
HOA Fees | $2,868 / year |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1915 |
Lot Size | - |
County | Denver County |
Building Information for 4 West Arkansas Avenue, Unit R1 R2 R3
Stories-Residences-Year Built1915Building Size-Lot Size-
Property Information for 4 West Arkansas Avenue, Unit R1 R2 R3
Schools near 4 West Arkansas Avenue, Unit R1 R2 R3
This home is within Denver County 1 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
McKinley-Thatcher Elementary School PublicPK to 5 | ||
Grant Middle School Public6 to 8 | ||
South High School Public9 to 12 | ||
5280 High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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