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$ 1,400,000
Est. payment | /mo
7,036 SqFt
$ 1,400,000
Est. payment | /mo
7,036 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,036 sqft
Price per Sqft $198
MLS Listing ID 8855178
HOA Y/N No
Year Built 1962
Annual Tax Amount $4,950
Tax Year 2024
Property Sub-Type Multi Family
Source recolorado
Property Description
Prime small-multifamily opportunity in Westminster, CO—two side-by-side 4-plexes, 8 units total, each building approximately 3,518 SF. Because these are two separate 4-unit buildings, buyers may be able to take advantage of Fannie Mae financing, creating more flexibility in loan structure, down payment, and long-term hold strategy compared to larger commercial multifamily.
Built in 1962 and situated in an R-4 zoned area, the property is currently 50% occupied, giving investors a blend of immediate income and clear value-add upside through lease-up and repositioning. Located in a strong Westminster rental corridor, this is an excellent fit for investors looking to scale their portfolio with finance-friendly, small-balance multifamily in a high-demand market.
Built in 1962 and situated in an R-4 zoned area, the property is currently 50% occupied, giving investors a blend of immediate income and clear value-add upside through lease-up and repositioning. Located in a strong Westminster rental corridor, this is an excellent fit for investors looking to scale their portfolio with finance-friendly, small-balance multifamily in a high-demand market.
Location
State CO
County Adams
Zoning R-4
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Berkshire Hathaway HomeServices Colorado Real Estate, LLC
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Jackie Yost
Realtor | Lic# 323229