8735 W 54th Place, Arvada, CO 80002

Property Description

Fantastic opportunity to own a well-maintained triplex in a prime Arvada location just minutes from Olde Town Arvada. Offering a total of 2,646 square feet, this property consists of three 2-bedroom, 1-bathroom units, including two ground-level ranch-style units and a basement unit located beneath the rear unit. The front unit was recently remodeled and features new countertops, appliances, paint, trim, and a new electric water heater, along with beautiful hardwood flooring throughout the living room, hallway, and both bedrooms. The basement unit has also been recently updated with new LVP flooring, fresh paint, and new baseboards. Both of units are vacant and ready to rent immediately or offer the potential for an owner occupant to live in one and rent the other two units. Major system upgrades throughout the property include two brand new furnaces, three new water heaters, a brand new roof, updated electrical meters installed approximately two years ago, and a replaced sewer line with two separate connections to the city main. Additional improvements include newer windows in the front and rear units, along with two newer egress windows in the basement unit. The property also includes a detached 1-car garage and separate electric meters for each unit, while all three units share a single gas meter. Ideally situated directly across from Terrace Park and less than five minutes from the Olde Town Arvada Light Rail Station, restaurants, breweries, shopping, and entertainment. Convenient access to Downtown Denver, I-70, and the mountains makes this an outstanding opportunity for both investors and owner-occupants alike. Rare opportunity to purchase a triplex in Arvada!