5815 Pierce Street #A-H, Arvada, CO 80003 (MLS # 1899422)

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PRICE $2,100,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 8,000 sqft
LOT SIZE n/a

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.

DAYS ON MARKET 68 LAST UPDATED 5/1/2025
YEAR BUILT 1983 COUNTY Jefferson
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
CONSTRUCTION Wood Siding
SEWER Public Sewer
STORIES 2
TAXES 1944
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Charlie Mitelhaus, CBRE, Inc.
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