9457-9459 W 56th Place, Arvada, CO 80002

Property Description

1% Lender Credit with preferred lender! Excellent investment opportunity! Legally configured as a duplex and currently operating as a long-term triplex, this well-maintained income property offers immediate cash flow with upside potential. Current gross scheduled rents total $5,000 per month when fully occupied ($60,000 annually), with one unit currently vacant and ready for a new tenant or owner occupant. The property consists of one approximately 1,600 sq. ft. unit and two approximately 1,000 sq. ft. units. The larger unit (9457) is leased through 8/31/2026, while 9459 Unit A is leased through 9/30/2026. Long-term tenants occupy two units, with the occupied units having remained with the same tenants for more than eight years, providing exceptional rental stability. Significant capital improvements have been completed during ownership, including two furnaces installed in 2021, new water heaters (2023 & 2025), new electrical panel in 2025, bathroom renovations, flooring updates, and numerous appliance replacements. This property has been consistently maintained and offers investors a rare combination of stable tenancy, strong rental history, and major system updates already completed. Fabulous location near between Kipling and Wads. Walmart, grocery stores, restaurants nearby. Whether you're looking to expand your portfolio or acquire a turnkey income-producing property, this is an opportunity worth exploring.