3991 E 121st Ave, Thornton, CO 80241

$1,400,000
2
BD
2
BA
1,244
SqFt

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List Price
$1,400,000
Status
ACTIVE
MLS#
4732768
Price Change
▼ $550,000 1785453366
Year Built
1997
Bedrooms
2
Bathrooms
2
Living Area
1,244
Region
Metro Denver
Subdivision
Thornton Ridge Filing

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: 4 units: 2 bed / 1.5 bath townhomes 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

Additional Information

Taxes
$2,438
School District
Adams CO. Dist 12
Elementary School
Stellar
Middle School
Century
High School
Mountain Range
Heating
Forced Air
Cooling
Central Air
Garage Spaces
1

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Calculator source: Real Geeks

Listing courtesy of Kayla Schmitz.

kayla.schmitz@compass.com,303-249-4118

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