Homes for sale - 7100 Stuart St, Westminster, CO 80030

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Chris McGrath

Amerivest Pro-Team

chris@realhomesbychris.com +1(970) 371-7595

$ 800,000

Est. payment | -/mo

8 Beds

4 Baths

3,550 SqFt

Save

$ 800,000

Est. payment | -/mo

Save

8 Beds

4 Baths

3,550 SqFt

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 3,550 sqft

Subdivision Plaza Park

MLS Listing ID 1675489

Bedrooms 8

HOA Y/N false

Abv Grd Liv Area 3,778

Year Built 1963

Annual Tax Amount $5,031

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Income Property

Source REcolorado

Property Description

Presenting the next cash-flowing asset for your real estate portfolio, 7100 Stuart Street! A rare investment opportunity awaits in this fully leased quadplex. Boasting a current rental license renewed in 2025 and in good standing with the City of Westminster, this property features a solid rental history with very little to no vacancy. Each of the four units has been updated with new carpeting and paint in the past 2 years while the first unit has been flipped with new LVP flooring, fresh paint and a new sliding door. Units three and four feature recently stained decks while units one and two offer private patios. Digital locks have been added to the main entry, laundry and utility rooms for security and convenience. Coin-operated laundry provides an additional income source. Upgrades include a new flat roof on the entry, newer exterior paint and a new thermal expansion tank for water heaters. Most of the units have newer, stainless-steel appliances. Most of the windows in the building have been replaced with new, double-paned vinyl windows and new screens. Off-street parking is available for 10 vehicles in the recently paved parking lot. Located near Hidden Lake, Standley Lake and Little Dry Creek Trail, this property sits just 1.3 miles from the RTD Westminster station. Don't miss your opportunity to own this professionally managed, cash flowing asset! Unit 4 is vacant intentionally for showings and available for owner occupied buyers. Property currently performs at OVER a 6.3% CAP RATE!!! Tenants pay all utilities through a utility fund, property manager collects $150 per month/per unit to cover utilities. No owner carry or creative financing calls or offers - Please.

Location

State CO

County Adams

Area Metro Denver

Rooms

Basement Unfinished

Interior

Interior Features Open Floorplan

Heating Hot Water, Baseboard

Appliance Dishwasher, Refrigerator, Disposal

Laundry Common Area

Exterior

Exterior Feature Balcony

Garage Spaces 10.0

Utilities Available Electricity Available

Roof Type Composition

Handicap Access Level Lot

Porch Patio, Deck

Building

Lot Description Gutters, Lawn Sprinkler System, Corner Lot, Level

Story 2

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Bi-Level

Structure Type Wood/Frame,Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Tennyson Knolls

Middle Schools Ranum

High Schools Westminster

School District Westminster Public Schools

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Other Owner

Information and Real Estate Services (IRES)

Listed by Rachel Weinberg • Milehimodern • rachel@movinginboulder.com,303-906-1392