$899,000
$50K PRICE DROP

Estimated payment $5,482/month

Total Views 3,729
8 Beds
8 Baths
3,840 Sq Ft
$234 Price per Sq Ft

Highlights

  • No HOA
  • Property is Fully Fenced
  • Carpet
  • Baseboard Heating

About This Home

NEW Investment Opportunity: Cash-Flowing Quadplex in Prime Westminster Location!

Don't miss this exceptional opportunity to own a well-maintained, income-generating quadplex in one of Westminster's most sought-after neighborhoods. With a strong rental history and consistent cash flow, this property offers the perfect balance of stability and potential for growth.

Key Features:

Great Location: Situated in a prime Westminster neighborhood, this quadplex is just minutes away from shopping, dining, schools, parks, and major highways, making it an ideal place for residents to call home.

Stable Cash Flow: Enjoy the benefits of multiple rental units with established tenants in place, providing immediate income from day one.

Well-Maintained: BRAND NEW PERMITTED ROOF in Aug 2024 by Gold Star Premium Roofing. This property has been carefully maintained with modest renovations done in 2021.Each unit offers 2/1.5 with in-unit laundry, spacious living areas and functional layouts, private back yards...ideal for long-term renters.

Attractive Investment Potential: With the area's strong rental demand and future development plans, this quadplex represents a solid long-term investment with excellent income potential. This is also an opportunity for those interested in Medium term renting, FHA/VA house hacking. Live in one and rent the others!

Whether you're an experienced investor or just starting, this property offers a turn-key solution with steady cash flow and great upside potential.

Contact us today for more details. We will hosting an Open House March 14th between 12-2pm
Feel free to drive by and check out the neighborhood but please don't disturb the residents as the building is fully occupied.

Listing Agent

David Miller

Good Neighbor LLC Brokerage Email: david@thegoodneighbors.com,917-750-2178 License #100095117

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,566

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 9,750 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Quadruplex
  • Frame Construction
  • Membrane Roofing

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Laundry in unit

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Paved Parking

Schools

  • Harris Park Elementary School
  • Shaw Heights Middle School
  • Westminster High School

Utilities

  • No Cooling
  • Baseboard Heating
  • 220 Volts
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Quimbys Add To Westminster Second Filing Subdivision

Listing and Financial Details

  • Exclusions: Renter's personal property
  • The owner pays for insurance, taxes, trash collection, water
  • Assessor Parcel Number R0064832

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,566

Year Built

Built in 1973 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1973
  • Above Grade Finished Sq Ft: 3840
  • Exclusions: Renter's personal property
  • Living Area: 3840
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Quimbys Add To Westminster Second Filing
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Attribution Contact: david@thegoodneighbors.com,917-750-2178
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Roof: Membrane, Other
  • Construction Materials: Frame

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: No
  • Total Parking Spaces: 8
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 2

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard
  • Water Source: Public
  • Electric: 220 Volts
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Shaw Heights

Lot Info

  • Parcel Number: R0064832
  • Lot Size Acres: 0.22
  • Fencing: Full
  • Building Area Total: 3840
  • Lot Size Sq Ft: 9750
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Electricity, Gas, Internet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5566

MLS Schools

  • Elementary School: Harris Park
  • High School: Westminster

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Price Changed $899,000 -3.2% $234 / Sq Ft
03/28/2025 03/28/25 Price Changed $929,000 -2.1% $242 / Sq Ft
03/06/2025 03/06/25 For Sale $949,000 -- $247 / Sq Ft
Source: REcolorado®

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Source: REcolorado®

MLS Number: 4645414

REcolorado®