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$ 1,400,000
Est. payment /mo
New
3991 E 121st AVE Thornton, CO 80241
2 Beds
2 Baths
1,244 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,244 sqft
Price per Sqft $1,125
Subdivision Thornton Ridge Filing
MLS Listing ID 4732768
Bedrooms 2
HOA Fees $245/mo
HOA Y/N Yes
Year Built 1997
Property Sub-Type Quadruplex
Property Description
Prime 4-Unit Townhome Investment Opportunity
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
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
Location
State CO
County Adams
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central Air
Laundry In Unit
Exterior
Garage Spaces 1.0
Waterfront Description Public
Roof Type Composition
Porch Deck
Private Pool No
Building
Story Two
Sewer Public Sewer
Water Public
Schools
School District Elementary: Adams 12 5 Star Schl, Middle/Junior: Adams 12 5 Star Schl, High: Adams 12 5 Star Schl
Others
Senior Community No
Tax ID R0026161
Special Listing Condition None Known
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byCompass - Denver
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