8020 W 52nd AVE new to site

Arvada,CO 80002

$ 559900

4 Beds

2 Baths

1500 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $373

Subdivision Rhodes

MLS Listing ID 5247357

Style Traditional

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 1,500

Originating Board recolorado

Year Built 1958

Annual Tax Amount $3,091

Tax Year 2024

Property Sub-Type Duplex

Property Description

This unique investment opportunity features two duplexes each on their own lot. Buyers have the flexibility to purchase one duplex or both. Each unit offers a comfortable 2-bedroom, 1-bath layout, approximately 750 square feet in size, with two off-street parking spaces. The property generates steady rental income but is under leased to market with current rents ranging from $1,300 to $1,500 per month. Comps show rents could be $1800-2100 per unit per month so there is significant room to add value here.
The seller has priced these for a quick sale and is leaving upside in the transaction for the person that acquires these units. Only minor interior updates—primarily cosmetic improvements such as fresh paint, flooring touch-ups, and minor repairs needed. Overall units are in good shape!
Could be a great house hack opportunity—live in one unit while renting out the other to offset your mortgage and build equity.
Last option is if split comps for ½ duplexes are right around 400K.

DO NOT DISTURB TENANTS.

Location

State CO

County Jefferson

Rooms

Basement Cellar

Interior

Heating Forced Air

Cooling None

Fireplace N

Appliance Dishwasher,Disposal,Dryer,Oven,Refrigerator,Washer

Exterior

Fence None

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Schools

Elementary Schools Arvada K-8

Middle Schools Arvada K-8

High Schools Arvada

School District Jefferson County R-1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange,Cash,Conventional,FHA

Listing Terms 1031 Exchange,Cash,Conventional,FHA

Special Listing Condition None

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