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Ryan Thomson

Ryan Thomson

Property2.88% Assumable
1 / 43

$975,000

($32,917 down)
FHA

8623 W 54th Place, Arvada, CO 80002

6
3
2,615 sqft
PITI Monthly
$5,660.83 /mo

Assumed Rate

2.88%
7.15%

Principal & Interest

$4,266 /mo
$6,940 /mo
$106,543 in interest paid off

Listing courtesy of: Scott Rosengrants, Keller Williams Realty Downtown LLC

What's Special

INVESTORSFRESH PAINTMODERNRENOVATEDLUXURYHARDWOOD FLOORSGRANITE COUNTERTOPSSTAINLESS STEEL APPLIANCESSPRINKLER SYSTEMPET-FRIENDLY

Incredible opportunity to own a beautifully updated triplex just minutes from vibrant Olde Town Arvada! Each of the three 2-bedroom, 1-bath units has been thoughtfully renovated with modern finishes and move-in-ready appeal. The upper two units feature beautifully refinished original hardwood floors, while the lower unit offers durable luxury vinyl plank flooring—no carpet in any unit. Inside, you'll find stainless steel appliances, granite countertops, updated bathrooms, fresh paint, and in-unit washers and dryers. Tenants love the light-filled spaces and pet-friendly amenities, including a shared utility room with a full dog-washing station and Terrace Dog Park just across the street. The large grassy yard with a sprinkler system and three off-street parking spots adds to the property's long-term appeal. Extensive property upgrades include new 200-amp electrical service panels, a new furnace, new water heater, egress windows, new tubs with tiled surrounds, new vanities, LED lighting throughout. Very low-maintenance and easy to rent, this triplex is perfect for investors looking for cash flow from day one. Located just a 15-minute walk to Olde Town Arvada, the G-Line light rail, shops, and restaurants, and only 15 minutes to downtown Denver. Photos are representative of the units. Do not disturb tenants—no showings without an executed contract. Unit rents are $2,035, $2,000, and $1,535.

Gradient Jack

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.88
Remaining Loan Term
26 years, 3 months
Monthly PITI
$5,660.83/mo
Estimated Loan Balance
$950,055
Cash to close
$32,917
Interest Paid
$106,543

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms6
  • Bathrooms3
Cooling & Heating
  • CoolingNone
  • HeatingForced Air
Interior Features
  • MaterialsBlock, Brick
  • CommunityUnknown
  • FireplaceNo
  • Fireplace FeaturesN/A
  • FlooringN/A

Exterior

Fencing
  • FencingPartial
Roof
  • RoofShingle
Parking
  • GarageNo
  • Garage SpacesN/A
  • CarportNo
  • Carport SpacesN/A
Water
  • SewerPublic Sewer
  • Water SourcePublic
Pool
  • Has PoolNo
  • Pool FeaturesN/A

Construction

Type & Style
  • StoriesN/A
  • Home TypeTriplex
  • Architectural StyleN/A
Materials
  • Construction MaterialsBlock, Brick
  • RoofShingle
Condition
  • Year Built1959
Details
  • BuilderN/A

Community & HOA

Community
  • SubdivisionGarneal Acres
  • FeaturesN/A
HOA
  • Has HOANo
Location
  • RegionArvada

Financial Details

Financial Info
  • Price per Sqft$372.85
  • Tax Annual Amount$5,407
  • On Market Date2025-06-09T07:00:00.000Z
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MLS ID: REC2398091

Listing From: recolorado

Last updated: 2025-07-01T00:21:18.000Z

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