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$ 765,000
Est. payment | /mo
7,144 Sqft Lot
$ 765,000
Est. payment | /mo
7,144 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7348606
Style Traditional
HOA Y/N No
Year Built 1959
Lot Size 7,144 Sqft
Acres 0.16
Property Sub-Type Multi Family
Property Description
Five-unit multifamily investment opportunity in Aurora featuring three one-bedroom units, one two-bedroom unit and one three-bedroom unit. The property currently has three occupied units providing in-place income, while two vacant units offer immediate flexibility for lease-up, renovation or repositioning.
The current owner has made a substantial investment in capital improvements and ongoing maintenance, including boiler and plumbing work along with updates to select units. Interior features vary by unit, with available spaces showcasing hardwood flooring, bright living areas, functional kitchens and efficient single-level layouts. The low-profile brick construction, individual exterior entries and practical unit mix support straightforward management and broad rental appeal.
This property presents an opportunity to acquire an operating five-unit asset with completed infrastructure work and additional income potential through leasing the vacant units, optimizing rents and implementing a more comprehensive tenant utility-reimbursement program. Financial information, rent roll, improvement details and supporting documentation are available for qualified buyers. Buyer to independently verify all financial information, property condition, unit measurements and future rental assumptions.
The current owner has made a substantial investment in capital improvements and ongoing maintenance, including boiler and plumbing work along with updates to select units. Interior features vary by unit, with available spaces showcasing hardwood flooring, bright living areas, functional kitchens and efficient single-level layouts. The low-profile brick construction, individual exterior entries and practical unit mix support straightforward management and broad rental appeal.
This property presents an opportunity to acquire an operating five-unit asset with completed infrastructure work and additional income potential through leasing the vacant units, optimizing rents and implementing a more comprehensive tenant utility-reimbursement program. Financial information, rent roll, improvement details and supporting documentation are available for qualified buyers. Buyer to independently verify all financial information, property condition, unit measurements and future rental assumptions.
Location
State CO
County Adams
Zoning R-3
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Waterfront Description Public
Roof Type Composition
Private Pool No
Building
Lot Description Landscaped
Sewer Public Sewer
Water Public
Architectural Style Traditional
Others
Tax ID R0094752
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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 byYour Castle Real Estate Inc
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