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2 Beds
2 Baths
1,960 sqft

$360,000

6870 Xavier Circle Unit: 1, Arvada CO, 80030

Price per sqft$183.67
Built in1985
Property size1,960 sqft
Property typeCondominium

Overview

Active

Listed Sep 16, 2026

Updated 7 days ago

INVESTMENT OPPORTUNITY WITH TENANT IN PLACE! Start with an established rental generating $3,200/month—$38,400 in annual gross rent through Aug 31, 2027. Tenants pay for their utilities. NOI $29,689/yr. Cap rate 8.2. See two primary bedrooms with ensuite, updated baths. Updated kitchen, wood and tile floors, sunny loft, finished basement, full laundry, 2 patios and detached 1-car garage make this a home today's renters value. Located near bus and rail lines, trails, shopping, breweries & more. It's a quick drive to Old Town Arvada or Downtown Denver or the mountains for all the fun! The HOA, Yacht Club I, is nonwarrantable due to ongoing litigation. Cash and qualified alternative-financing buyers are encouraged to investigate available options with their lender. This quiet condo lives like a townhome. It is tenant-occupied and positioned for an investor who values existing income, an established tenancy, updated interiors and a distinctive two-primary-suite floor plan. Seller can cooperate with a buyer completing a 1031 exchange. Review the lease, HOA documents, financing options and investment numbers, then decide whether this one deserves a place in your portfolio.

$2,395/mo

Est. mortgage payment based on a $360,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5437843

Interior Features

Bedrooms
2
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$3,456
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
55+/Senior Community
No
MLS provider logo
Listed by Your Castle Real Estate Inc, Beth Baker Owens, Listing Contact: [email protected],303-550-2941 
 

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