4 Arkansas Avenue #R-1
R-2, R-3, Denver, CO 80223
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Description for 4 Arkansas Avenue #R-1, R-2, R-3, Denver, CO 80223
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.rnAll 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.rnrnHIGHLIGHTSrn- Can be purchased with 18-20 W Arkansas or separatelyrn- In-unit washer/dryer, vaulted ceilings, spacious closets, open & unique floor plans, diverse unique mix rn- Recent renovations include new luxury flooring, windows, contemporary lighting, and other high-end finishesrn- Current leases are 5-20% below market comparablesrn- Option to re-deed separately, enabling individual sale of unitsrn- Centrally located in the heart of Denver and walkable to popular restaurants, bars, shops, and retailrnrnHOArn- Has HOA: Yesrn- HOA fee: $239 monthlyrn- Services included: Reserve Fund, Maintenance Grounds, Maintenance Structure, Roof Insurance, Recycling, Trash, Water, Sewer, Snow Removalrn- Association Name: S Broadway HOA
Property Details
Price History
Source: MLS
Date | Event | Price | Source |
---|---|---|---|
2024-09-26 18:18:23 | For Sale | $625,000 | MLS |
2024-04-18 22:22:16 | For Sale | $650,000 | MLS |
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