6197-6199 Webster Street

Description

Turnkey 4-unit investment opportunity in Arvada with a strong rental history, extensive renovations, and multiple potential income and exit strategies. 6197–6199 Webster Street offers a unique mix of four thoughtfully updated units: one ranch-style 3-bedroom/1-bath unit filled with south-facing natural light, one ranch-style 2-bedroom/1-bath unit with additional private off-street parking, and two 2-story 2-bedroom/1-bath units. All two bedroom units also feature private outdoor courtyard space. The property has undergone extensive updates with high-end finishes throughout, including 6-inch wide-plank engineered wood flooring, quartz countertops, basalt stone backsplashes, black stainless steel appliances, custom iron railings, LED lighting, designer tile, and matte black Delta fixtures. Additional improvements include newer windows, updated copper plumbing and ABS waste lines, wood siding, concrete improvements, and newer A/C and furnace systems. Each unit includes a designated covered carport space and private storage. The property is currently rented and has a strong track record of low tenant turnover, making it an attractive opportunity for an investor looking for an established income-producing asset. The four-unit configuration offers incredible flexibility for investors and owner-occupants alike. Live in one unit while generating income from the other three, maintain the property as traditional long-term rentals, or explore mid-term, short-term, or co-living strategies subject to applicable regulations. Conveniently located near Olde Town Arvada, shopping, dining, transportation, major employment centers, Denver, and Lutheran Medical Center. With four updated units, covered parking, storage, established tenants, and significant improvements already completed, this is a rare opportunity to acquire a turnkey multifamily property in Arvada. Virtual tours of each unit: https://media.framesvisual.com/6197-6199-Webster-St