Photo 1 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 2 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 3 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 4 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 5 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 6 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 7 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 8 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 9 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 10 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 11 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 12 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 13 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 14 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 15 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 16 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 17 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 18 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 19 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 20 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 21 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 22 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 23 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 24 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 25 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 26 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 27 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 28 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 29 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 30 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 31 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 32 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 33 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
Photo 34 of 34 of 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property
  • Overview

  • Monthly cost

  • Get pre-approved

  • Fees & commissions

  • Related

  • Intelligence reports

Save

Active

Buy a multi-family propertyat 4 W Arkansas Avenue Unit R-1, R-2, R-3, Denver, CO 80223

$700,000

$0/mo

Get pre-approved

Multifamily

1,574 Sq. Ft.

4 Bedrooms

0 Bathrooms

408 Days on market

9492970 MLS ID

Click to interact

Property position on map

Click the map to interact

About 4 W Arkansas Avenue Unit R-1, R-2, R-3 multi-family property

Excellent house hack opportunity. 4 West Arkansas Ave is a fully renovated triplex located in the heart of Denver and just steps away from popular retail on S Broadway. The property’s location offers excellent walkability and bike-ability scores and is conveniently situated within 15 minutes of Downtown Denver, Cherry Creek, and DTC. Additionally, the turn key property is less than a mile away from popular areas like Washington Park and Platt Park. With a variety of unit options available, the property offers a diverse mix of choices for potential renters. New ownership has the ability to increase revenue by replacing the current management and significantly bumping up rents. There is an additional option to re-deed each unit separately, thereby enabling their individual sale. 4 W Arkansas Ave is the perfect opportunity to own a one-of-a-kind Denver property with fresh upgrades and in a prime location.
Excellent house hack opportunity. 4 West Arkansas Ave is a fully renovated triplex located in the heart of Denver and just steps away from popular retail on S Broadway. The property’s location offers excellent walkability and bike-ability scores and is conveniently situated within 15 minutes of Downtown Denver, Cherry Creek, and DTC. Additionally, the turn key property is less than a mile away from popular areas like Washington Park and Platt Park. With a variety of unit options available, the property offers a diverse mix of choices for potential renters. New ownership has the ability to increase revenue by replacing the current management and significantly bumping up rents. There is an additional option to re-deed each unit separately, thereby enabling their individual sale. 4 W Arkansas Ave is the perfect opportunity to own a one-of-a-kind Denver property with fresh upgrades and in a prime location.

Property details

Property Access

Road Responsibility: "Public Maintained Road"

Appliances and Equipment

"Dishwasher", "Disposal", "Dryer", "Microwave", "Range", "Refrigerator", "Washer"

Bathrooms

3 Total Bathrooms

Bedrooms

4 Total Bedrooms

House

Above Grade Finished Area: 1574

Building Name: 1401 S Broadway

Construction Materials: "Brick"

Levels: "Two"

Living Area: 1574

Structure Type: "Triplex"

Total Area: 1574

Unit Count: 3

Year Built: 1915

Cooling

Cooling: "Air Conditioning-Room"

Disclosures

Attribution Contact: avollert@khcommercial.com,650-740-9570

Exclusions: Call or text listing broker Andrew Vollert at 650.740.9570 with any and all questions and feel free to drive by any time.

Expenses

Operating Expense Includes: "Insurance", "Maintenance", "Personal Property Tax", "Professional Management", "Real Estate Tax"

Operating Expense: $11,118

Projected Annual Expense: $12,111

Floors

Flooring: "Vinyl"

Heating

Heating: "Forced Air", "Natural Gas"

Home Owner's Association

Association Fee: $127

Association Fee Total Annual: $1,524

Association Fee Annual: 1524.00

Association Fee Frequency: Monthly

Association Fee Includes: "Insurance", "Maintenance Grounds", "Maintenance Structure", "Sewer", "Snow Removal", "Trash", "Water"

Association Fee 2 Annual Expense: 0.00

Association Fee 3 Annual Expense: 0.00

Association Management Type: Self Managed

Association Name: Broadway Arkansas Condominiums

Home Owners Association

Income

Actual Annual Net Income: 40830.00

Gross Income: $51,948

Projected Annual Net Income: $50,019

Projected Gross Income: $58,500

Listing

Listing Contract Date: 2023-03-23

Listing Id: REC9492970

Listing Terms: "1031 Exchange", "Cash", "Conventional"

Mls Status: Active

Original List Price: $700,000

Special Listing Conditions: "None"

Standard Status: Active

Status Change Timestamp: 2023-03-23 23:00:42

Location

City: Denver

County Or Parish: Denver

Postal Code: 80223

Subdivision Name: Broadway Arkansas

Distance To Bus: 2 Minutes

Lot

Parcel Number: 5222-07-063

Energy Saving

Green Verification Count: 0

Owner Pays

Owner Pays: "Association Fees", "Insurance", "Taxes"

Ownership: Individual

Parking

Offstreet Spaces: 0

Parking Count: 1

Reserved Spaces: 0

RV Spaces: 0

Property

Livable Structure Count: 0

Out Building Count: 0

Property Condition: "Updated/Remodeled"

Property Sub Type: Triplex

Zoning: U-MS-3

Roof

Roof: "Unknown"

Schools

High School: South

Middle Or Junior School: Grant

Elementary School: McKinley-Thatcher

High School District: Denver 1

Middle Or Junior School District: Denver 1

Elementary School District: Denver 1

Sewer

Sewer: "Public Sewer"

Taxes

Annual Amount: 2988

Legal Description: BROADWAY ARKANSAS CONDOS (UNIT R-A)(RCP# 2021008109)

Tax Year: 2022

Tenant Pays

Tenant Pays: "Cable TV", "Electricity", "Gas", "Internet"

Utilities

Power Production Count: 0

Utilities: "Electricity Connected", "Natural Gas Connected"

Utility Metering: Common Electric,Common Gas,Common Water

Water Source: "Public"

Monthly cost

Estimated monthly cost

$4,315/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$658,000

+$21,000

$679,000

Seller agent commission$21,000 (3%)*

$0 (0%)

Buyer agent commission$21,000 (3%)*

$21,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $21,000 more selling your home
with an Unreal Estate agent

Start free MLS listing
View related pages

State

  • Mobile Homes for sale in Colorado
  • Real Estate for Sale in Colorado

Unreal Estate checked: May 5, 2024 at 5:07 a.m.

Data updated: Mar 23, 2023 at 8:05 p.m.

Courtesy of Kaufman Hagan
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than 222 W Merchandise Mart Plaza #1212, Chicago, IL 60654 are marked with the IDX Logo. This information is being provided for the consumers\’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Listing Information © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved. 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

Learn more about this property

Request edits for this property

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from unrealestate.com and others about your inquiry and other home related matters, but not as a condition of any purchase.
*By checking this box, I confirm that I am the legal owner of the property listed. Please note, all information is verified for accuracy per U.S. real estate regulations, and submissions from non-owners cannot be processed.

Properties near 4 W Arkansas Avenue Unit R-1, R-2, R-3

Unreal Estate stacked logo

About

BuySellMortgageAgentsCompany

Updated January 2023: By using this website, you agree to our Terms of Service, and Privacy Policy.

⁠Unreal Estate holds real estate brokerage licenses under the following names in multiple states and locations:
Unreal Estate LLC (f/k/a USRealty.com, LLP)
Unreal Estate LLC (f/k/a USRealty Brokerage Solutions, LLP)
Unreal Estate Brokerage LLC
Unreal Estate Inc. (f/k/a Abode Technologies, Inc. (dba USRealty.com))
Main Office Location: 1500 Conrad Weiser Parkway, Womelsdorf, PA  19567
California DRE #01527504
New York § 442-H Standard Operating Procedures
TREC: Info About Brokerage ServicesConsumer Protection Notice

UNREAL ESTATE IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT.

If you are using a screen reader, or having trouble reading this website, please call Unreal Estate Customer Support for help at 1-866-534-3726 
Open Monday – Friday 9:00 – 5:00 EST with the exception of holidays.

*See Terms of Service for details.

LinkedIn Social IconInstagram social iconFacebook social icontwitter social iconYoutube Social Icon

© 2023 Unreal Estate Inc. All Rights Reserved.

Unreal Estate certified trust badge
LinkedIn Social IconInstagram social iconFacebook social icontwitter social iconYoutube Social Icon