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9481 W 65th Ave

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
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 2 - 1,426
  • Listing ID: 33630310

  • Date on Market: 10/24/2024

  • Last Updated:

  • Address: 9481 W 65th Ave, Arvada, CO 80004

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