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4 W Arkansas Avenue #R-1, R-2, R-3, Denver, CO, 80223

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Listing Provided Courtesy of Kaufman Hagan

4 W Arkansas Avenue #R-1, R-2, R-3, Denver, CO, 80223

4 Beds
3 Baths
1,700 SqFt
0 Acres

Listing Id

REC4882091
$650,000

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

Property Details
Price:
$650,000
MLS #:
REC4882091
Status:
Active
Beds:
4
Baths:
3
Address:
4 W Arkansas Avenue #R-1, R-2, R-3
Type:
Triplex
Structure:
Triplex
Subdivision:
Broadway Arkansas
City:
Denver
State:
CO
Finished Sq Ft:
1,700
Total Sq Ft:
1,700
ZIP:
80223
Year Built:
1915
Interior
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Cooling
Air Conditioning- Room
Flooring
Vinyl
Heating
Natural Gas
Exterior
Construction Materials
Brick
Roof
Unknown
Schools
School District:
Denver 1
Elementary School:
McKinley-Thatcher
Middle School:
Grant
High School:
South
Financial
Buyer Agent Compensation
2.5%
HOA Fee
$239
HOA Frequency
Monthly
HOA Includes
Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water
HOA Name
S Broadway HOA
Tax Year
2022
Taxes
$2,988

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4 W Arkansas Avenue #R-1, R-2, R-3
Denver, CO