JUST LISTED! Fantastic opportunity to purchase a ranch style triplex with a bonus 4th rental within walking distance of Olde Town Arvada. This multifamily property consists of three 2-bedroom, 1-bathroom units and a bonus 1-bedroom, 1-bathroom space. Unit #8305 was just updated with new cabinet doors, countertops, & paint. All units have their own washer and dryer hookups and their own private parking right in front of each unit. All the units have luxury vinyl plank flooring, updated door hardware as needed, and all four are metered separately for electric. Three of the four units have both front and backyard access. There is also a large, shared shed for extra storage for tenants. The owner pays for trash, water, and gas. Each tenant does pay $100/per month towards utilities on top of their rent. Newer roof (2018) and newer Hardie siding. The boiler is less than 10-years-old, and the distribution system was just replaced. The sewer line has been partially replaced. The parking lot was redone about 5-years ago and you can park about 10-12 cars in front of the building. There is a sprinkler system as well. The property sits on a quiet cul-de-sac less than 5-minutes to all the restaurants, shops, and retail in Olde Town and the Olde Town Arvada Light Rail stop. Check out this recent article in the Denver Post about Olde Town: https://www.denverpost.com/2025/01/27/olde-town-arvada-eat-drink-shop-savor-history/amp/. There are also two separate parks within walking distance, a Costco and Sam's Club within walking distance, and an elementary school just blocks away. Room to increase rents. Proforma 6.36% CAP Rate Please contact the listing agent, for information about the current rents, the offering memorandum, or to schedule a showing.
Lot & Building Features
StyleRanch
HeatingHot Water
SewerCity Sewer, Public Sewer
Tax Year2023
LotSloped
Community and Schools
Elementary SchoolLawrence
Junior High SchoolArvada K-8
Senior High SchoolArvada
Unit Features
Unit 1 - DS Bedrooms2
Unit 1 - DS Rent1350
Unit 2 - DS Bedrooms2
Unit 2 - DS Rent1300
Unit 3 - DS Bedrooms2
Unit 3 - DS Rent1325
Unit 4 - DS Bedrooms1
Unit 4 - DS Rent1350
Price History of 8305 53rd, Arvada, CO
Date
Name
Price
Difference
01/30/2025
Listing Price
$900,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
8305 53rd (MLS #3000800) is a ranch residential income listing located in Arvada, CO.
This residential income listing is 3,180 sqft with 7 bedrooms and 4 baths. This property was listed on 01/30/2025 and has been priced for sale at $900,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: MODUS Real Estate