4 W Arkansas Avenue #R-1, R-2, R-3
Denver, CO 80223
1700 sqft | 4 beds | #4882091
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 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
Interior Details
- Bedrooms4
Property Details
- Square Feet1700
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1915
Utilities / Energy Details
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionBroadway Arkansas
Location
- Elementary SchoolMcKinley-Thatcher
- School DistrictDenver 1
- CountyDenver
- Middle SchoolGrant
- High SchoolSouth
Financial Details
- Original List Price$650,000
- Taxes Annual$2,988
HOA
- Hoa Fees239
- Hoa1
Other
- MLS #4882091
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Andrew Vollert (#REC55060972)
Listing Office: Kaufman Hagan (#RECM4465)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.