8623 W 54th Place

Incredible opportunity to own a beautifully updated triplex just minutes from vibrant Olde Town Arvada! Each of the three 2-bedroom, 1-bath units has been thoughtfully renovated with modern finishes and move-in-ready appeal. The upper two units feature beautifully refinished original hardwood floors, while the lower unit offers durable luxury vinyl plank flooring-no carpet in any unit.
Inside, you'll find stainless steel appliances, granite countertops, updated bathrooms, fresh paint, and in-unit washers and dryers. Tenants love the light-filled spaces and pet-friendly amenities, including a shared utility room with a full dog-washing station and Terrace Dog Park just across the street. The large grassy yard with a sprinkler system and three off-street parking spots adds to the property's long-term appeal.
Extensive property upgrades include new 200-amp electrical service panels, a new furnace, new water heater, egress windows, new tubs with tiled surrounds, new vanities, LED lighting throughout. Very low-maintenance and easy to rent, this triplex is perfect for investors looking for cash flow from day one.
Located just a 15-minute walk to Olde Town Arvada, the G-Line light rail, shops, and restaurants, and only 15 minutes to downtown Denver.
Photos are representative of the units. Do not disturb tenants-no showings without an executed contract. Unit rents are $2,035, $2,000, and $1,535.