7255 TENNYSON ST WESTMINSTER CO 80030
High‑Demand Multifamily With Major Upside Potential Cash‑Flowing Brick Fourplex With Room to Reposit
Marketing description
Multifamily • 4 Units • 3,648 SF
Investment Opportunity in Growing Westminster Market – Fully Occupied 4‑Unit Property
Discover a rare value‑add multifamily opportunity in the heart of Westminster. This fully occupied 4‑unit building offers exceptional upside for investors seeking stable cash flow today with the potential for increased returns through strategic improvements.
Built in 1962 and constructed of durable brick, this property features:
Property Breakdown
- 4 spacious units, each offering 8 bedrooms and 2 bathrooms
- Private exterior entrances for every unit
- Off‑street parking for all tenants
- A mix of vinyl, tile, carpeting, and hardwood floors
- Sprinkler system and individual hot water heaters
- Kitchens equipped with stove, refrigerator, and dishwasher (Unit 2 only)
Occupancy
- Fully occupied with month‑to‑month tenants
- No current leases in place, offering flexibility for rent adjustments or repositioning
🔧 Condition & Value‑Add Potential
The property is being sold as‑is, presenting a strong opportunity for investors to:
- Make targeted updates
- Increase rents to market levels
- Improve overall property performance
With thoughtful renovations, this building has significant potential for increased NOI and long‑term appreciation.
📍 Prime Westminster Location
Located in a rapidly growing area benefiting from:
- Strong net migration
- Major employers expanding into the region
- Close proximity to schools, public transportation, highways, parks, and amenities
- Easy access to both Denver and Boulder employment corridors
This central location supports consistent rental demand, making it ideal for investors seeking stability and upside.
Why This Property Stands Out
This multifamily asset offers:
- Immediate income from day one
- Flexibility to reposition units
- Long‑term growth in a thriving submarket
- A rare combination of size, location, and value‑add potential
Perfect for investors looking to scale their portfolio with a high‑demand, centrally located property that can be elevated through strategic improvements.
Investment highlights
nit Breakdown: • 4 units in total: 4 x 8 bedroom, 2-baths in each unit • Each unit has its own exterior entrance and an off-street parking space. Construction: • Built in 1962 • Constructed of brick • Amenities: • Kitchens with stove, refrigerator, and dishwashers in unit 2- only • A mix of vinyl flooring, tile, and carpeting Hardwood floors • Sprinkler system • Hot water heaters • Parking off street for tenants. Occupancy • The property is fully occupied, with no current leases in place all tenant are on a month to month bases. Condition & Potential: • The property is being sold as- • Some improvements and maintenance may be needed, but with proper updates, rents could be increased. • Location & Market Conditions: • Situated in a growing area of Westminster, benefiting from continued net migration and large companies moving in. • Close proximity to schools, public transportation, highway access, and other amenities. Benefits from consistent rental demand due to its central location with easy access to both Denver and Boulder employment corridors. This property offers a solid investment opportunity, particularly if you're interested in improving the units and increasing rental income. The location is prime, given the growth in Westminster and the area's ongoing development.
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