CO > Arvada > Pierce Plaza Condo Map
Arvada, CO 80003,5815 Pierce St #A-H
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Arvada, CO 80003,5815 Pierce St #A-H
Arvada, CO 80003,5815 Pierce St #A-H
Arvada, CO 80003,5815 Pierce St #A-H
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Bob Engel

Bob Engel

+1(303) 638-0780
$ 2,100,000
Est. payment /mo
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5815 Pierce St #A-H Arvada, CO 80003

16 Beds

16 Baths

7,840 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Subdivision Pierce Plaza Condo Map

MLS Listing ID 1032702

Bedrooms 16

HOA Y/N false

Originating Board IRES MLS

Year Built 1983

Annual Tax Amount $15,321

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Income Property

Property Description

CBRE is pleased to present 5815 Pierce St, an eight-unit multifamily investment opportunity in Arvada, Colorado. Built in 1983, this asset has been under long-term ownership, allowing investors to take advantage of substantial increases in income and asset values through a systematic value-add approach. All eight units are individually deeded townhome-style, with two bedrooms and one and a half bathrooms. The basements currently have laundry hookups and the potential to add a third bedroom and second bathroom. Located just a half mile from Olde Town Arvada, 5815 Pierce St is surrounded by top retail and abundant employment. Nearby, historic Olde Town is the heart and soul of Arvada, with many dining, retail, and entertainment options and a light-rail station serving downtown Denver. 5815 Pierce St's excellent suburban location and attractive unit layouts will continue to garner high renter demand. These factors and the immediate income upside create a compelling opportunity for investors to acquire a unique, well-located asset in one of the most desirable Denver suburbs.

Location

State CO

County Jefferson

Area Metro Denver

Zoning MULTI-RESI

Rooms

Basement Full

Interior

Heating Baseboard

Cooling Ceiling Fan(s)

Appliance Some Appliances

Laundry Washer/Dryer Hookups

Exterior

Roof Type Composition

Building

Story 2

Water City Water, City

Level or Stories Two

Structure Type Wood/Frame

New Construction false

Schools

Elementary Schools Secrest

Middle Schools Oberon Jr

High Schools Arvada

School District Jefferson Dist R-1

Others

Senior Community false

Tax ID 042331

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Charlie Mitelhaus • CBRE Inc • 9703723007
agent

Bob Engel

Broker/Owner | KWREA100003949

+1(303) 638-0780

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