9481 W 65th Ave - Renovated Arvada Duplex
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9481 W 65th Ave - Renovated Arvada Duplex
2 Unit Apartment Building Offered at $775,000 at a 6.62% Cap Rate in Arvada, CO 80004
Investment Highlights
- Near Old Town Arvada, offering a variety of shops, restaurants, and entertainment options.
- Access to balconies off each unit from kitchen, ideal for relaxing or entertaining.
- One side vacant to owner occupy, other currently rented.
- Split level with 3 bed, 2bath units. Bedrooms & full bath lower; kitchen, ½ bath, dining & living rooms on main.
- Newer LVP flooring in both units, fresh paint in vacant unit for move in ready!
- 1 car garage for each side.
Executive Summary
This renovated duplex near Old Town Arvada offers a combination of attractive features, prime location, and strong rental potential, making it an appealing option for both investors and owner-occupants looking to offset mortgage costs with rental income.
Property Facts
Price | $775,000 | Lot Size | 0.20 AC |
Price Per Unit | $387,500 | Building Size | 2,852 SF |
Sale Type | Investment | Average Occupancy | 50% |
Cap Rate | 6.62% | No. Stories | 2 |
No. Units | 2 | Year Built | 1966 |
Property Type | Multifamily |
Price | $775,000 |
Price Per Unit | $387,500 |
Sale Type | Investment |
Cap Rate | 6.62% |
No. Units | 2 |
Property Type | Multifamily |
Lot Size | 0.20 AC |
Building Size | 2,852 SF |
Average Occupancy | 50% |
No. Stories | 2 |
Year Built | 1966 |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
3+2 | 1 | - | 1,426 |
3+2 | 1 | - | 1,426 |
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9481 W 65th Ave - Renovated Arvada Duplex
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