Multifamily gem in the heart of Thornton! These well-maintained 4-units within the Thornton Ridge townhome complex offers a balanced mix of spacious layouts and strong rental performance, ideal for both seasoned investors and newcomers seeking reliable cash flow.
Property Breakdown:
2 units: 2 bed / 1.5 bath
2 units: 3 bed / 2 bath
Current rents: $2,100-$2,400 per month
Cap rate: 5-6%, with potential upside through light updates and rent optimization
Strong rental history: Consistent occupancy and long-term tenants. Seller can provide full rental history and detailed income documentation
Each home features comfortable living spaces, well maintained finishes in varying levels of updates, and private outdoor areas.
Whether you’re looking to expand your portfolio or enter the Denver metro multifamily market, this portfolio offers immediate cash flow, proven stability, and future growth potential.
Current Rents: $2,100-$2,400/month
Cap Rate: 5-6%
Financials: Full rent roll and income verification available upon request
Property details
Property
Type
Quadruplex
MLS type
Residential Income
Status
Active
Year built
1997
Stories
2
Living area
1,244 sqft
Price / sqft
$1,125
MLS #
4732768
Interior
Features
Unfinished
Heating
Forced Air
Cooling
Central Air
Laundry
In Unit
Exterior & lot
Roof
Composition
Patio & porch
Deck
Garage spaces
1
Schools
District
Adams 12 5 Star Schl
Elementary
Stellar
Middle
Century
High
Mountain Range
Utilities
Water
Public
Sewer
Public Sewer
Financial
HOA
Yes
Annual tax
$2,438
Parcel
R0026161
Special conditions
None Known
Location
Subdivision
Thornton Ridge Filing
County
Adams
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