8020 W 52nd Ave #8020-8030, 8040-8050 Active Save Request In-Person Tour Request Virtual Tour
Arvada,CO 80002
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $366
Subdivision Rhodes
MLS Listing ID 6940145
Style Ranch
Bedrooms 8
Year Built 1958
Annual Tax Amount $6,182
Property Sub-Type Income Property
Property Description
This unique investment opportunity features two duplexes, 8020-8030 and 8040-8050, each on their own lot. Buyers have the flexibility to purchase ONE duplex or BOTH. Price listed is for BOTH duplexes. 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.
Location
State CO
County Jefferson
Area Metro Denver
Interior
Heating Forced Air
Exterior
Garage Spaces 8.0
Roof Type Composition
Building
Story 1
Sewer City Sewer,Public Sewer
Water City Water
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Arvada K-8
Middle Schools Arvada K-8
High Schools Arvada
School District Jefferson County R-1
Others
Special Listing Condition Private Owner