Well-Maintained 4-Unit Income
7110 Stuart Street Westminster, CO 80030
7110 Stuart Street, Westminster, CO, 80030
$799,000
Pending
For Sale
$799,000
Pending
Four residential units with recent capital improvements and a current rent roll showing staggered tenant rents.
Property Size3,550 SF
Days on Market133
Property Features for 7110 Stuart Street
General Information
- Standard status
- Pending
- Size
- 3,550 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1962
Listing agency
Compass - Denver
(303) 885-3934
Listed by
Josh Steck · License #100006497
(303) 885-3934
Source
Exitrealty
Added: Mar 13 Updated: Jul 23 at 2:40AM Checked: Jul 23 at 2:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass - Denver
Investment Insights
Based on property information with market context.
This 4-unit residential income property at 7110 Stuart Street, Westminster, CO 80030 features a well-maintained building with multiple recent updates. The property has had a brand new water heater installed and a professionally cleaned sewer line. Additional capital work includes parking lot asphalt repairs, a newer roof, and updated decks throughout, and it has recently passed its annual city inspection.
The current rent roll includes one unit at $1,435, two units at $1,425, and one legacy tenant at $1,125. Laundry income is also referenced as part of the rent potential.
Location supports day-to-day access, with proximity to Westminster Station for RTD rail service and nearby shopping at Hidden Lake Shopping Center and Westminster Plaza. Easy access to I-25 and US-36 provides convenient connections across the Denver-Boulder metro area.
The current rent roll includes one unit at $1,435, two units at $1,425, and one legacy tenant at $1,125. Laundry income is also referenced as part of the rent potential.
Location supports day-to-day access, with proximity to Westminster Station for RTD rail service and nearby shopping at Hidden Lake Shopping Center and Westminster Plaza. Easy access to I-25 and US-36 provides convenient connections across the Denver-Boulder metro area.
Key Highlights
- Four‑unit residential investment property built in 1962 with a current rent roll of $1,435, two units at $1,425, and one unit at $1,125
- Recent capital improvements include a brand new water heater, professionally cleaned sewer line, and parking lot asphalt repairs
- Newer roof and updated decks throughout, plus the property recently passed the annual city inspection
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.8k | $22.20 |
| − Vacancy | −$5.1k | −$1.44 |
| EGI | $73.7k | $20.76 |
| − OpEx | −$22.1k | −$6.23 |
| NOI | $51.6k | $14.53 |
3,550 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$736.9K
$644.8K – $859.7K
NOI $51,581 @ 7.0% cap · market cap 6.46%
Second Best
Apartment 5plus
$652.0K
$570.5K – $760.7K
NOI $45,639 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$1.04M
$907.9K – $1.21M
NOI $72,633 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four residential units with recent capital improvements and a current rent roll showing staggered tenant rents.
Where is this quadplex located?
The property is located at 7110 Stuart Street Westminster, CO.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four‑unit residential investment property built in 1962 with a current rent roll of $1,435, two units at $1,425, and one unit at $1,125; Recent capital improvements include a brand new water heater, professionally cleaned sewer line, and parking lot asphalt repairs; Newer roof and updated decks throughout, plus the property recently passed the annual city inspection
