Adorable triplex in the PERFECT location- Olde Town Arvada. A rare opportunity to be within steps of shops, restaurants, the light rail, etc. Each unit is about the same size & floor plan. All three units are in good, rentable shape. 5603 Yarrow has been updated with new flooring, updated bath, etc. 5605 Yarrow & 5607 Yarrow have not had many recent updates but do have the original historic wood floors & charm. Each unit has it's own gas & electrical service, hot water baseboard heat (all separate boilers) and all three have laundry rooms with washer/dryers. The yards could be configured so that each unit could have their own private outdoor space. There are THREE one car garages, three off street parking spaces and a large storage shed. The city of Arvada has rezoned the neighborhood to preserve the historic charm & values and will not allow a tear down & rebuild of 3 units. According to the city's updated zoning rules, It would have to be single family. Buyer to verify. These units offer exciting upgrade opportunities, with significant potential for rental growth. Could also be a lovely place to call home with rental income to help with the mortgage!
The median home value in Arvada, CO is $568,100. This is lower than the county median home value of $601,000. The national median home value is $338,100. The average price of homes sold in Arvada, CO is $568,100. Approximately 72.92% of Arvada homes are owned, compared to 24.46% rented, while 2.63% are vacant. Arvada real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Arvada real estate agent to arrange a tour today!
Arvada, Colorado 80002 has a population of 122,903. Arvada 80002 is more family-centric than the surrounding county with 33.37% of the households containing married families with children. The county average for households married with children is 31.13%.
The median household income in Arvada, Colorado 80002 is $96,677. The median household income for the surrounding county is $93,933 compared to the national median of $69,021. The median age of people living in Arvada 80002 is 39.9 years.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 18 degrees. The average rainfall is approximately 16.8 inches per year, with 61 inches of snow per year.