
Seller's Agent in 2025
Patrick Rampi
MODUS Real Estate
(720) 935-2184
92 Total Sales
JUST LISTED! Fantastic opportunity to purchase a ranch style triplex with a bonus 4th rental within walking distance of Olde Town Arvada. This multifamily property consists of three 2-bedroom, 1-bathroom units and a bonus 1-bedroom, 1-bathroom space. Unit #8305 was just updated with new cabinet doors, countertops, & paint. All units have their own washer and dryer hookups and their own private parking right in front of each unit. All the units have luxury vinyl plank flooring, updated door hardware as needed, and all are metered separately for electric. Three of the units have both front and backyard access. There is also a large, shared shed for extra storage for tenants. The owner pays for trash, water, and gas. Each tenant does pay $100/per month towards utilities on top of their rent. Roof replaced in 2016 and newer Hardie siding. The boiler is less than 10-years-old, and the distribution system was just replaced. The sewer line has been partially replaced. The parking lot was redone about 5-years ago and you can park about 10-12 cars in front of the building. There is a sprinkler system as well. The property sits on a quiet cul-de-sac less than 5-minutes to all the restaurants, shops, and retail in Olde Town and the Olde Town Arvada Light Rail stop. Check out this recent article in the Denver Post about Olde Town: https://www.denverpost.com/2025/01/27/olde-town-arvada-eat-drink-shop-savor-history/amp/. There are also two separate parks within walking distance, a Costco and Sam’s Club within walking distance, and an elementary school just blocks away. Room to increase rents. Proforma 6.36% CAP Rate Please contact the listing agent for information about the current rents, the offering memorandum, or to schedule a showing.
Last Agent to Sell the Property
MODUS Real Estate Brokerage Email: prampi@moduscommercial.com,720-935-2184 License #100055927 Listed on: 01/30/2025
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $885,000 | Fntc (Fidelity National Title) | |
Special Warranty Deed | -- | None Available | |
Warranty Deed | $285,000 | Fahtco | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | -- |
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $300,000 | New Conventional | |
Previous Owner | $198,000 | New Conventional | |
Previous Owner | $210,500 | New Conventional | |
Previous Owner | $213,750 | Purchase Money Mortgage |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/07/2025 03/07/25 | Sold | $885,000 | -1.7% | $278 / Sq Ft |
02/07/2025 02/07/25 | Pending | -- | -- | -- |
01/30/2025 01/30/25 | For Sale | $900,000 | -- | $283 / Sq Ft |
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $5,413 | $54,319 | $16,766 | $37,553 |
2023 | $5,413 | $54,319 | $16,766 | $37,553 |
2022 | $3,677 | $36,672 | $12,198 | $24,474 |
2021 | $3,814 | $38,558 | $12,825 | $25,733 |
2020 | $3,772 | $38,184 | $10,497 | $27,687 |
2019 | $3,722 | $38,184 | $10,497 | $27,687 |
2018 | $2,895 | $28,861 | $7,422 | $21,439 |
2017 | $2,654 | $28,861 | $7,422 | $21,439 |
2016 | $2,584 | $26,435 | $6,280 | $20,155 |
2015 | $2,215 | $26,435 | $6,280 | $20,155 |
2014 | $2,215 | $21,293 | $5,731 | $15,562 |
Seller's Agent in 2025
Patrick Rampi
MODUS Real Estate
(720) 935-2184
92 Total Sales
Buyer's Agent in 2025
Sean Gribbons
The Gold Standard Brokerage
(303) 883-3833
65 Total Sales
Source: REcolorado®
MLS Number: 3000800
APN: 39-142-10-003